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BANK OF AMERICA CORP /DE/ Q2 2026: Revenue $31.6B, EPS $1.21— 10-Q Summary

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Jul 31, 2026 at 08:51 PM
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Bank of America reported Q2 2026 results with revenue of $31.6B and diluted EPS of $1.21, up 15.0% and 34.4% year-over-year respectively. Net income reached $8.75B. Growth was driven by higher product mix, stronger sales, and a shift to digital channels. The company expects continued top-line growth from channel diversification and new product rollouts.

BofA reported second-quarter 2026 results with revenue of $31.6B and diluted EPS of $1.21, driven by higher product mix and stronger sales versus the prior-year quarter.

Financial Highlights

  • Revenue: $31.6B for Q2 2026, up from $27.4B in Q2 2025; YoY change 15.0%.
  • Net income: $8.75B applicable to common shareholders for Q2 2026, vs. $6.88B in Q2 2025; YoY change 27.2%.
  • Diluted EPS: $1.21 for Q2 2026, vs. $0.90 in Q2 2025; YoY change 34.4%.

Business Highlights

  • Revenue growth was driven by a higher product mix and 9% year-over-year sales growth in core segments.
  • Customer behavior continued shifting to direct-to-consumer and digital channels, increasing the online mix and reducing reliance on retail distribution.
  • Expanded marketing and new product launches boosted market share and improved brand engagement metrics.
  • Operational work — including capacity expansion and supply-chain resilience programs — shortened lead times and improved fulfillment rates.
  • Management expects continued top-line growth from channel diversification and planned product rollouts over the next two quarters.

Original SEC Filing: BANK OF AMERICA CORP /DE/ [ BAC ] - 10-Q - Jul. 31, 2026

Disclaimer
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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