{"id":51367,"date":"2026-04-15T11:20:42","date_gmt":"2026-04-15T11:20:42","guid":{"rendered":"https:\/\/foreignnewstoday.com\/?p=51367"},"modified":"2026-04-15T11:20:42","modified_gmt":"2026-04-15T11:20:42","slug":"bank-of-america-bac-earnings-q1-2026","status":"publish","type":"post","link":"https:\/\/foreignnewstoday.com\/?p=51367","title":{"rendered":"Bank of America (BAC) earnings Q1 2026"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108291623\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108291623\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000409722\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108291624-17762504961776250493-45277598815-1080pnbcnews.jpg?v=1776250495&amp;w=750&amp;h=422&amp;vtcrop=y\" alt=\"Bank of America tops estimates as CEO Brian Moynihan says consumer banking is &#x2018;healthy&#x2019;\"\/><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\"><a href=\"https:\/\/www.cnbc.com\/quotes\/BAC\/\">Bank of America<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>, the nation&#8217;s second-largest lender, <a href=\"https:\/\/d1io3yog0oux5.cloudfront.net\/_fb150bd4981f5d59c6d6861ad805cdb0\/bankofamerica\/db\/806\/10536\/earnings_release\/The+Press+Release_1Q26.pdf\" target=\"_blank\">beat<\/a> on the top and bottom lines during the first quarter, bolstered by equities sales and trading.<\/p>\n<p>Here&#8217;s what the firm reported:<\/p>\n<ul>\n<li>Earnings per share: $1.11 per share vs. $1.01 LSEG estimate<\/li>\n<li>Revenue: $30.43 billion vs. $29.93 billion estimate<\/li>\n<\/ul>\n<p>The bank <a href=\"https:\/\/d1io3yog0oux5.cloudfront.net\/_fb150bd4981f5d59c6d6861ad805cdb0\/bankofamerica\/db\/806\/10536\/earnings_release\/The+Press+Release_1Q26.pdf\" target=\"_blank\">said<\/a> Wednesday that net income rose 17% to $8.6 billion, or $1.11 per share, Bank of America&#8217;s highest EPS in almost two decades.<\/p>\n<p>Revenue rose 7.2% to $30.43 billion on rising net interest income, higher trading revenue, and fees from investment banking and asset management. <\/p>\n<p>Equities trading contributed to the beat, as the geopolitical environment roiled stock markets. Revenue in that business jumped 30% to <a href=\"https:\/\/d1io3yog0oux5.cloudfront.net\/_fb150bd4981f5d59c6d6861ad805cdb0\/bankofamerica\/db\/806\/10536\/supplemental_information\/The+Supplemental+Information_1Q26.pdf\" target=\"_blank\">$2.83 billion<\/a>, topping the StreetAccount estimate by roughly $350 million and helping drive the bank&#8217;s trading operations to its best quarter in 15 years.<\/p>\n<p>Investment banking also beat and was up 21% to $1.8 billion.<\/p>\n<p>Net interest income, the profitability metric for loan-making, increased by 9% to $15.9 billion and beat as well. That was due to higher loan and deposit balances, fixed-rate asset repricing and markets activity.<\/p>\n<p>In a sign that the bank&#8217;s borrowers weren&#8217;t deteriorating, the firm posted a $1.3 billion provision for credit losses in the quarter, lower than the $1.5 billion provision in the year earlier period and about $190 million below the estimate.<\/p>\n<p>&#8220;We remain watchful of evolving risks. However, we saw healthy client activity, including solid consumer spending and stable asset quality, indicating a resilient American economy,&#8221; Bank of America CEO Brian Moynihan said in the release.<\/p>\n<p>Still, like rival Goldman Sachs, the bank&#8217;s fixed income revenue came in below expectations. That business generated about $3.5 billion in revenue, missing the StreetAccount estimate by about $330 million.<\/p>\n<p>The net-charge-off ratio, showing what proportion of total loans were deemed unable to be collected, improved 6 basis points during the quarter to 0.48%. The firm&#8217;s consumer banking and global wealth divisions each gained more than 20% in revenue.<\/p>\n<p>Return on tangible common equity, a measure of profitability, was 16%, a more than 200 basis point improvement.<\/p>\n<p><em>Correction: Bank of America previously guided to net interest income growth of between 5% and 7% this year. A previous version of this article misstated the range.<\/em> <\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/04\/15\/bank-of-america-bac-earnings-q1-2026.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of America, the nation&#8217;s second-largest lender, beat on the top and bottom lines during the first quarter, bolstered by equities sales and trading. Here&#8217;s what&hellip;<\/p>\n","protected":false},"author":1,"featured_media":51368,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-51367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-news"],"_links":{"self":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/51367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51367"}],"version-history":[{"count":0,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/51367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/media\/51368"}],"wp:attachment":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}