Bank of America FY26 Q2 net income rises 27% to $9.1 billion; revenue increases 15% to $31.6 billion - BAC News | RalliesBank of America FY26 Q2 net income rises 27% to $9.1 billion; revenue increases 15% to $31.6 billion
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BAC• Second-quarter results
- Bank of America 2Q26 net income rose 27% to $9.1 billion; EPS climbed 34% to $1.21.
- Revenue increased 15% to $31.6 billion; net interest income rose 9% to $16 billion.
- The efficiency ratio improved 359 bps to 59%; provision for credit losses fell to $1.4 billion from $1.6 billion a year earlier.
Capital return and outlook
- Brian Moynihan cited strong pipelines and a pickup in commercial borrowing.
- The bank returned $8 billion via $2 billion in dividends and $6 billion in buybacks.
Markets and investment banking
- Global Markets net income rose to $2.6 billion as sales and trading revenue climbed 33% to $7.1 billion.
- Investment banking fees rose 50% to $2.1 billion.
