secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF AMERICA CORP /DE/ (BAC)
CIK:        0000070858
Form:       8-K
Filed at:   2026-04-15T23:59:59+00:00
Accession:  0000070858-26-000222
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of America Q1 2026 EPS $1.11 beats estimate, revenue up 7% YoY
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- Net income $8.6B, up 17% YoY; diluted EPS $1.11, up 25% YoY.
- Revenue $30.3B, up 7% YoY; NII $15.7B, up 9%; sales & trading revenue +13%.
- Consumer Banking net income $3.1B (+21% YoY); GWIM $1.3B (+32%); Global Markets $2.0B (+3%); Global Banking $2.1B (+8%).
- Operating leverage 2.9%; efficiency ratio improved ~170 bps to 61%.
- Average deposits $2.02T (+3%); loans $1.19T (+9%); CET1 ratio 11.2%; returned $9.3B to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70858/000007085826000222/0000070858-26-000222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70858/000007085826000222/bac-20260415.htm
  HTML page:      https://secwatch.observer/filing/0000070858-26-000222

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer