Earnings Call
Jul 14, 2026
Q2 FY2026
EPS Estimate
1.13
EPS Actual
1.21
Post-Earnings Close
$60.62
Earnings Reaction
+1.9%
Bank of America's second quarter results were exceptional by almost any measure, with EPS of $1.21, well ahead of the $1.13 consensus, on revenue of $31.6 billion, up 15% year-over-year. Net income reached $9.1 billion, a 27% increase, and return on tangible common equity climbed to 17%, a level management had expected to take longer to achieve. The breadth of the outperformance is what stands out: every business segment grew revenue and net income, every segment generated positive operating leverage, and every segment improved its efficiency ratio. This is not a story of one hot division carrying the rest.
Report generated on Jul 14, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
Read the full BAC analysis
The complete report, with key themes, analyst Q&A summary, notable quotes, and market context — is free with an account. No password, no card.