Bank Of America Stock Earnings Reports

Bank of America reported a strong Q3 driven by broad-based revenue and earnings growth, operating leverage, and continued organic loan and deposit gains. Key metrics: revenue $28.2B (+11% YoY), EPS $1.06 (+31% YoY), ROTC 15.4%, efficiency ratio <62%, record FTE net interest income ~$15.4B, and $7.4B returned to shareholders (dividends + buybacks). All business segments contributed: Consumer Banking showed strong deposit/relationship growth and low-cost core accounts; Global Wealth & Investment Management reported rising fee-based assets, loan growth and new accounts; Global Banking benefited from a pickup in investment banking fees (firmwide IB fees >$2B, +43% YoY) and deposit growth; Global Markets continued its streak of YoY revenue growth. Asset quality remained sound with lower net charge-offs and modest reserve release. The firm reiterated expectations for Q4 NII to be at the higher end of its prior guidance (around $15.6B+ FTE) and projected 2026 NII growth roughly similar to 2025 (roughly 5–7% YoY), supported by core loan/deposit growth and fixed-rate asset repricing. Management emphasized continued investments in technology (notably AI/digital tools) to drive client engagement and long-term operating efficiency while remaining disciplined on expenses and capital allocation. Investors should note strong capital positions (CET1 11.6%, SLR 5.8%) and continued share repurchases alongside a plan to modestly reduce capital toward target buffers over time.