The strong earnings beat and across-the-board business segment growth suggest sustainable momentum. Traders should monitor whether this performance continues to drive valuation multiples higher, particularly given the improved returns on equity and strong capital return program.
Price Chart
Executive Summary
Bank of America reported Q1 2026 earnings with net income of $8.6 billion ($1.11 EPS), up 17% and 25% YoY respectively, driven by 7% revenue growth to $30.3 billion. The results reflect strong net interest income growth (9% YoY) and improved operating leverage, with all business segments contributing to growth.
Key Financial Metrics
Key Facts
- EPS of $1.11 beat prior quarter of $0.98 and up 25% YoY from $0.89
- Revenue grew 7% YoY to $30.3 billion, with net interest income up 9% to $15.7 billion
- All four business segments showed year-over-year growth in net income
- Return on average tangible common shareholders equity improved to 16.0% from 14.0% in prior year
- Efficiency ratio improved to 61% from 63% in prior year
Financial Impact
$8.6 billion net income, $1.11 EPS, $30.3 billion revenue
Risk Factors
- Provision for credit losses decreased but net charge-offs increased sequentially
- Commercial net charge-offs increased year-over-year
- Lower interest rates could pressure future net interest income
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000070858-26-000222 |
| Document: bac03312026ex992.htm | 0000070858-26-000222 |
| Document: bac-20260415.htm | 0000070858-26-000222 |
| Document: bac03312026ex991.htm | 0000070858-26-000222 |
| Document: 0000070858-26-000222-index-headers.html | 0000070858-26-000222 |
| Document: 0000070858-26-000222-index.html | 0000070858-26-000222 |
| Document: 0000070858-26-000222.txt | 0000070858-26-000222 |
| 8-K Data (Synthetic) | 0000070858-26-000222 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Apr 20, 2026 25w ago | 424B5 | $189.00 $201.00 | ▲ +6.35% | ▼ −0.55% | $191.00 (+1.06%) |
Apr 15, 2026 26w ago | 8-K | $193.50 $196.02 | ▲ +1.30% | ▼ −6.83% | $191.00 (−1.29%) |
Apr 3, 2026 28w ago | DEFA14A | $299.08 $198.77 | ▼ −33.54% | ▼ −47.01% | $191.00 (−36.14%) |
US Market Status
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