Bank of America Reports Q2 2026 Earnings, Revenue Up 15%
Bank of America reported a 27% year-over-year increase in net income to $9.1B, with revenue up 15% to $31.6B. The bank's market-linked businesses drove 63% of revenue growth.
BAC reported Q2 2026 net income up 27% year-over-year to $9.1 billion, with diluted EPS of $1.21 beating the $1.13 consensus. Revenue rose 15% to $31.6 billion, while net interest income advanced 9% to $16 billion, reflecting a resilient consumer and a rebound in Wall Street activity.
Trading was the standout: equities revenue surged 70% to $3.6 billion and combined sales and trading revenue reached $7.1 billion, up 33%, while total investment banking fees rose 50% to $2.1 billion . Every business segment posted double-digit net income growth. The bank returned about $8 billion to shareholders through dividends and buybacks during the quarter.
Despite the beat, BAC shares slipped in premarket trading as the sector-wide rally in bank stocks and elevated expectations left little room for upside . The results echo the trading-driven strength seen at JPM and reinforce a broadly healthy backdrop for the large-cap banks heading into the back half of 2026.
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