Bank of America lifts second-quarter profit 27 percent on record equities trading; revenue reaches $31.6 billion
14 July 2026 | 3 months ago
Bank of America reported on Tuesday, July 14, 2026 that its second-quarter 2026 net income rose 27 percent to $9.1 billion and diluted earnings per share climbed 34 percent to $1.21, beating analyst estimates. Total revenue grew 15 percent to $31.6 billion and net interest income advanced 9 percent to $16 billion.
The bank's equities trading desk posted a record quarter, with trading revenue up about 33 percent. The results are part of the big US banks' earnings season, released alongside the June inflation data.
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