Bullish
Bank of America reports Q2 2026 earnings: EPS $1.21, revenue $31.6B, both surpassing estimates.
Bank of America's Q2 2026 earnings exceeded analyst expectations, with adjusted earnings per share (EPS) of $1.21 and revenue of $31.6 billion, marking a 15% year-over-year increase. The bank's net income rose 27% to $9.1 billion, driven by strong performance in investment banking, trading, and net interest income. CEO Brian Moynihan highlighted robust consumer spending as a key economic driver.
Key points
- Q2 2026 earnings beat estimates; adjusted EPS $1.21, revenue $31.6B.
- Net income up 27% YoY to $9.1B, fueled by strong investment banking and trading.
- CEO Moynihan cites resilient consumer spending as economic growth driver.
Sources
AI-generated from public news sources. Not financial advice.