earnings
confidence high
sentiment neutral
materiality 0.65
BofA 3Q26 net income $6.9B, EPS $0.91; revenue up 3% to $30.0B, hit by $1.2B regulatory charge
BANK OF AMERICA CORP /DE/
- 3Q26 net income $6.9B, or $0.91 diluted EPS; adjusted net income $8.1B, adjusted EPS $1.08, excluding $1.2B regulatory settlement charge ($0.17/share).
- Revenue up 3% YoY to $30.0B; net interest income up 8% to $16.4B ($16.6B FTE).
- Consumer Banking net income $3.5B, revenue $11.6B (+4%); GWIM net income $1.5B, revenue $7.1B (+13%).
- Global Banking net income $2.0B; investment banking fees $1.8B, down 11%. Global Markets net income $1.2B; sales and trading revenue $5.1B, down 5%.
- FICC revenue down 17% to $2.6B; Equities revenue up 11% to $2.5B. Deposits $2.04T (+2%); loans $1.25T (+7%); GWIM AUM flows $74B since 3Q25.