Bank of America (CH:BAC)
:BAC
Earnings Data
Report Date
Jul 14, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.85Last Year’s EPS
0.7Same Quarter Last Year
Strong Buy
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive performance: broad-based revenue and earnings growth, strong operating leverage, improved efficiency and benign credit trends. Management raised NII guidance, delivered solid segment results (consumer, wealth, global banking, global markets) and continued disciplined capital deployment and expense management. Key risks and watch items include a modest decline in CET1 ratio after buybacks, certain criticized commercial exposures (~$24B), potential dispersion in private credit vintages, regulatory rule finalization uncertainty, and the still-developing long-term impact of AI and technology on cost and operations. Overall, the positives outweigh the lowlights, though several areas merit ongoing monitoring.Company Guidance
Revenue and EPS Growth
Total revenue rose to $30.3 billion, up 7% year-over-year, while earnings per share increased 25% year-over-year to $1.11, driven by balanced business performance, client activity and operating leverage.
Net Interest Income Outperformance and Guidance Raise
Net interest income (FTE) was $15.9 billion, up 9% year-over-year. Management raised full-year 2026 NII growth guidance to +6% to +8% versus 2025, citing loan and deposit growth, repricing benefits and funding optimization.
Operating Leverage, Efficiency and ROTCE
The firm delivered 290 basis points of operating leverage in the quarter, improved the efficiency ratio by 170 basis points to 61% (from 63%), and generated a return on tangible common equity (ROTCE) of 16%.
Balanced Loan and Deposit Growth
Average loans grew nearly 9% year-over-year driven by commercial demand; consumer loans rose ~4% and credit card balances ~3% year-over-year. Average deposits increased ~3% year-over-year (~$59 billion), with deposits exceeding $2 trillion.
Strong Wealth & Investment Management Performance
Global Wealth & Investment Management reported record first-quarter revenue of $6.7 billion and net income of $1.3 billion (up 32% year-over-year). Client balances grew to $4.6 trillion, up 10% year-over-year, and asset management net flows were $20 billion for the quarter.
Global Markets and Sales & Trading Momentum
Global Markets revenues (ex DVA) were $7.0 billion, up 7% year-over-year. Sales & Trading revenue increased 12% to $6.3 billion and Equities had a standout quarter with revenues up ~30% year-over-year; no trading loss days in the quarter.
Expense Discipline While Investing for Growth
Noninterest expense was $18.5 billion, up 4% year-over-year—consistent with prior guidance—supporting targeted investments (relationship managers, branches, technology/AI) while delivering positive operating leverage.
Capital Return and Strong Liquidity
Capital deployment included $2.0 billion in common dividends and $7.2 billion in share repurchases. Liquidity remains strong with global liquidity sources above $960 billion and CET1 capital in excess of $200 billion.
Improved Asset Quality Year-over-Year
Provision expense declined to $1.3 billion from $1.5 billion a year earlier, net charge-offs improved versus Q1 2025, and card delinquencies, reservable criticized assets and nonperforming loans all declined year-over-year, reflecting benign credit trends.
CH:BAC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CH:BAC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 15, 2026 | CHF41.39 | CHF42.05 | +1.59% |
Jan 14, 2026 | CHF28.34 | CHF28.34 | 0.00% |
Oct 15, 2025 | CHF28.11 | CHF28.11 | 0.00% |
Jul 16, 2025 | CHF27.89 | CHF27.89 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bank of America (CH:BAC) report earnings?
Bank of America (CH:BAC) is schdueled to report earning on Jul 14, 2026, Before Open (Confirmed).
What is Bank of America (CH:BAC) earnings time?
Bank of America (CH:BAC) earnings time is at Jul 14, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Bank of America stock?
The P/E ratio of Bank of America is N/A.
What is CH:BAC EPS forecast?
CH:BAC EPS forecast for the fiscal quarter 2026 (Q2) is 0.85.
