Bank of America Q2 Earnings Call Highlights

1 month ago 10

MarketBeat

Tue, July 14, 2026 astatine 9:02 AM CDT 7 min read

Key Points

Interested successful Bank of America Corporation? Here are 5 stocks we similar better.
Bank of America posted a beardown Q2, with gross up 15% to $31.6 cardinal and nett income up 27% to $9.1 billion. Earnings per stock roseate 34% to $1.21, driven by maturation crossed each large concern segment.
Revenue gains were led by net involvement income, concern banking, wealthiness absorption fees and trading, portion deposits and loans continued to expand. Average deposits roseate for a 12th consecutive 4th and mean loans accrued 8% twelvemonth implicit year.
Management lifted its full-year outlook, present expecting 300 to 400 ground points of operating leverage and NII maturation astatine the precocious extremity of its 6% to 8% range. Credit prime remained stable, with provisions and charge-offs holding astir dependable and user paper trends improving.

Fiserv's Debit Network Talks Raise a Bigger Question for Visa and Mastercard

Bank of America (NYSE:BAC) reported broad-based second-quarter growth, with absorption pointing to stronger nett involvement income, interest revenue, lawsuit enactment and operating leverage crossed each of its concern segments.

CEO Brian Moynihan said the slope generated gross of $31.6 billion, up 15% from a twelvemonth earlier, portion nett income roseate 27% to $9.1 billion. Earnings per stock accrued 34% to $1.21. Moynihan said the institution delivered 6.6% operating leverage successful the quarter, improved its ratio ratio to 59% and generated a 17% instrumentality connected tangible communal equity.

→ The SK Hynix IPO and 2027's AI Memory Squeeze

BitMine's Ethereum Bet Is Only Part of the Story

"Every concern conception contributed to our year-over-year growth," Moynihan said, adding that each conception accrued gross and nett income, generated operating leverage and improved its ratio ratio.

Net Interest Income and Fee Businesses Drive Revenue Growth

Moynihan said gross maturation was led by nett involvement income, concern banking, wealthiness absorption fees and income and trading revenue. Net involvement income connected a afloat taxable-equivalent ground was astir $16.2 billion, up 9% from the prior-year quarter. He attributed the summation to halfway lending and deposit-gathering strength, lending successful Global Markets, repricing of lower-yielding assets and repayment of higher-cost funding.

→ Starbucks Builds Sovereign AI to Cut $400 Million successful Software Costs

Chime Finally Turns Profitable—But Risks Remain

Non-interest income grew 22%, helped by enactment successful wealthiness management, concern banking and markets. Investment brokerage fees roseate 18%, portion concern banking fees accrued 50% year-over-year to much than $2.1 billion. Sales and trading gross reached $7.2 billion, up 33%.

Read Entire Article