secwatch.observer — SEC 8-K summary
======================================

Issuer:     BANK OF AMERICA CORP /DE/ (BAC)
CIK:        0000070858
Form:       8-K
Filed at:   2026-07-14T10:45:08+00:00
Accession:  0000070858-26-000353
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 Q2 net income $9.1B, EPS $1.21 up 34% YoY; revenue up 15%
-------------------------------------------------------------------------

- Net income $9.1B, diluted EPS $1.21 (+34% YoY); revenue $31.6B (+15% YoY).
- NII $16.0B (+9%); noninterest income $15.6B (+22%); efficiency ratio improved to 59%.
- IB fees $2.1B (+50%); sales & trading revenue $7.1B (+33%, equities +70%, FICC +9%).
- Avg deposits $2.02T (+2%); avg loans $1.22T (+8%); CET1 ratio 11.2%.
- Returned $8.0B to shareholders ($2B dividends, $6B buybacks); ROTCE 17.0%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70858/000007085826000353/0000070858-26-000353-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70858/000007085826000353/bac-20260714.htm
  HTML page:      https://secwatch.observer/filing/0000070858-26-000353

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