--- title: "Key Takeaways from Bank of America's First Quarter Earnings Report" type: "News" locale: "en" url: "https://longbridge.com/en/news/282908073.md" description: "1. Financial Performance: Bank of America's first-quarter revenue and profit both exceeded analyst expectations. Earnings per share (EPS) reached $1.11, the highest level in nearly two decades, while net revenue totaled $30.27 billion. 2. Raised Net Interest Income (NII) Guidance: Given the strong first-quarter performance and reduced expectations for Fed rate cuts (shifting from two anticipated cuts to none), Bank of America has raised its 2026 NII growth guidance from the previous 5%–7% to 6%–8%" datetime: "2026-04-15T23:12:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282908073.md) - [en](https://longbridge.com/en/news/282908073.md) - [zh-HK](https://longbridge.com/zh-HK/news/282908073.md) --- # Key Takeaways from Bank of America's First Quarter Earnings Report 1. Financial Performance: Bank of America's first-quarter revenue and profit both exceeded analyst expectations. Earnings per share (EPS) reached $1.11, the highest level in nearly two decades, while net revenue totaled $30.27 billion. 2. Raised Net Interest Income (NII) Guidance: Given the strong first-quarter performance and reduced expectations for Fed rate cuts (shifting from two anticipated cuts to none), Bank of America has raised its 2026 NII growth guidance from the previous 5%–7% to 6%–8%. ### Related Stocks - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [VFH.US](https://longbridge.com/en/quote/VFH.US.md) - [XLF.US](https://longbridge.com/en/quote/XLF.US.md) - [FNCL.US](https://longbridge.com/en/quote/FNCL.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) ## Related News & Research - [Bank of America Reports First Quarter 2026 Financial Results | BAC Stock News](https://longbridge.com/en/news/282828743.md) - [Bank of America (BAC) Trades at a Discount after Q1. The Gap May Not Last](https://longbridge.com/en/news/282984782.md) - [Research Alert: CFRA Retains Buy Opinion On Shares Of Bank Of America Corporation](https://longbridge.com/en/news/282876114.md) - [BUZZ-Street View: It’s all coming together for Bank of America](https://longbridge.com/en/news/282961271.md) - [Bank of America Q1 earnings reveal 4 big 'buy' signals](https://longbridge.com/en/news/282848750.md)