BAC Furnishes earnings results (Ex. 99.1)
Summary
On July 14, 2026, Bank of America Corporation announced its financial results for the second quarter ended June 30, 2026. The Corporation reported second quarter net income of $9.1 billion, or $1.21 per diluted share (via Ex. 99.1 and 99.2). Consolidated revenue reached $31.6 billion, marking a 15% year-over-year increase. - Deposits were $2.0 trillion, up 2% YoY. - Loans totaled $1.2 trillion, up 8% YoY. - CET1 ratio stood at 11.2%.
Why It Matters
Investors should note the strong financial performance for Q2 2026, with net income of $9.1 billion and EPS of $1.21, representing significant year-over-year growth. This indicates robust operational health and capital strength, as further detailed in the accompanying presentation materials (Ex. 99.2).
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Key Quote
“, Bank of America Corporation (the "Corporation") announced financial results for the second quarter ended June 30, 2026, reporting second quarter net income of $9.”
— From Item 2.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000070858
- Filing Date
- Tuesday, July 14, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive