--- title: "Earnings Preview | Bank of America reports Wednesday before the open — a $1.2 billion fine and net interest income set the agenda" type: "News" locale: "en" url: "https://longbridge.com/en/news/301762817.md" description: "Revenue consensus sits at $30.54 billion, up about 14% year on year, while EPS is seen only 4% higher at $1.105. The $1.2 billion fine already booked after the close and the path of net interest income decide the reaction." datetime: "2026-10-13T23:10:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/301762817.md) - [en](https://longbridge.com/en/news/301762817.md) - [zh-HK](https://longbridge.com/zh-HK/news/301762817.md) generator: "portal-rs" --- # Earnings Preview | Bank of America reports Wednesday before the open — a $1.2 billion fine and net interest income set the agenda ## The Estimates Revenue is seen at $30.54 billion and EPS at $1.105 for Bank of America (BAC.US), and the two pull apart: revenue up about 14% year on year, EPS only about 4%. Results land before the US market opens on Wednesday, 14 October. The EPS range is $1.01 to $1.25, against $1.0615 a year ago on $26.793 billion of revenue. ## Track Record Growth has been choppy but trending up: revenue rose 12.56% year on year in Q3 2025, slowed to 7.21% in Q4 and accelerated to 16.79% in Q2 2026. EPS is up more than 20% for two quarters running, most recently 34.1%. Net interest margin climbed every quarter, from 1.94% in Q2 2025 to 2.08%, and the non-performing loan ratio eased from 0.56% to 0.50%. Capital and provisions moved the other way: the common equity tier 1 ratio slipped to 11.2% from 11.6%, and quarterly provisions rose a third straight quarter to $1.366 billion. ## What to Watch The $1.2 billion fine is the loudest item. A spokesperson confirmed on 13 October that results will carry the charge, which is not tax deductible and trims EPS by about 17 cents. The shares fell more than 2% after the close, and the bank settled with the US Treasury over 475 sanctions violations the same day. Net interest income is the next test: JPMorgan, Citi and Wells Fargo booked $56.5 billion of it in the third quarter, a fifth straight record. Management says full-year growth sits at the top of its 6% to 8% range, after lifting the prime rate to 7% on 17 September following the Fed. The test is whether assets keep repricing faster. Investment banking fees are the third variable: the bank told investors in mid-September that third-quarter fees would fall more than 10% year on year, and the stock dipped that day. The Financial Times reported on 12 October, citing Bloomberg, that five large investment banks would book about $38 billion of trading revenue, against a record $47 billion in the second quarter. Credit rounds out the list. Delinquency trends are broadly unchanged, and Benzinga's 13 October options data implies a 3.35% move on the print. ## Analyst Ratings Targets are coming down while ratings stay positive. A Benzinga roundup on 13 October has UBS keeping Buy but cutting its target to $67 from $70, and JPMorgan staying Overweight at $62, down from $68. TD Cowen reiterated Hold at $60. Against the 13 October close of $53.96, JPMorgan's $62 sits about 15% higher and TD Cowen's $60 about 11%. The split is about where targets land, not direction. ## In Short The bar is not high: revenue is expected up about 14%, EPS only about 4% higher, and the $1.2 billion fine already landed after the close on 13 October. Three things decide the reaction. Net interest income has to hold four straight quarters of sequential gains, investment banking fees have to fall less than 10%, and costs and provisions beyond the fine will shape the read. Whether management reframes full-year net interest income guidance matters more than the single-quarter figure. ### Related Stocks - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) ## Related News & Research - [Learn Why The Bull Case For Bank of America Stock Could Change Following AML Lawsuit](https://longbridge.com/en/news/305006008.md) - [Bank of America plunges as Q3 loss widens on Treasury Department's $1.2B fine](https://longbridge.com/en/news/301834965.md) - [BUZZ-BofA shares fall after $1.2 bln Treasury-related settlement charge](https://longbridge.com/en/news/301816610.md) - [BofA's Borthwick Says Consent Order Neither Has An Asset Cap Nor It Crowds Out Anything Else](https://longbridge.com/en/news/301866970.md) - [BUZZ-Street View: Magnitude of BofA money laundering fine significant](https://longbridge.com/en/news/301817555.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**