NYSE: BAC
BANK OF AMERICA CORP /DE/CIK 0000070858 · SIC 6021 · National Commercial Banks
Mega
Revenue $113.1B
Assets $3.5T
as of Sep 13, 2026
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10-Q
Filed Jul 31, 2026
· Period ending Jun 30, 2026
Bank of America Q2 2026: Net Income +27% to $9.07B on Higher NII, Investment Banking Rebound
3 material changes detected. Sign up free to read the summary.
8-K
Filed Jul 24, 2026
· Period ending Jul 23, 2026
Bank of America raises quarterly dividend 14% to $0.32/share, discloses $13.2B H1 buybacks
4 material changes detected. Sign up free to read the summary.
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8-K
Filed Jul 14, 2026
· Period ending Jul 14, 2026
Bank of America reports Q2 2026 net income of $9.1B, up 27% YoY, with EPS of $1.21
5 material changes detected. Sign up free to read the summary.
8-K
Filed May 6, 2026
· Period ending May 4, 2026
Bank of America shareholders re-elect all directors, approve say-on-pay at 2026 annual meeting
4 material changes detected. Sign up free to read the summary.
10-Q
Filed May 1, 2026
· Period ending Mar 31, 2026
revenue $30.3B, net income $8.58B. Bank of America Q1 profit jumps 17% to on higher rates, fees; dividend raised 8%
5 material changes detected. Sign up free to read the summary.
8-K
Filed Apr 15, 2026
· Period ending Apr 15, 2026
Bank of America reports Q1 2026 net income of $8.6B, EPS of $1.11
3 material changes detected. Sign up free to read the summary.
10-K
Filed Feb 25, 2026
· Period ending Dec 31, 2025
Summary not yet generated.
8-K
Filed Feb 13, 2026
· Period ending Feb 13, 2026
Summary not yet generated.
8-K
Filed Jan 14, 2026
· Period ending Jan 14, 2026
Summary not yet generated.
10-Q
Filed Jul 31, 2025
· Period ending Jun 30, 2025
Summary not yet generated.
10-Q
Filed Apr 30, 2025
· Period ending Mar 31, 2025
Summary not yet generated.
Latest financial statements
From 10-Q filed Jul 31, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Consolidated Statement of Income
(In millions, except per share information)
| Description | Three months ended June 30 2026 | Three months ended June 30 2025 | Six months ended June 30 2026 | Six months ended June 30 2025 |
|---|---|---|---|---|
| Net interest income | ||||
| Interest income | 33,832 | 34,873 | 67,191 | 68,939 |
| Interest expense | 17,835 | 20,203 | 35,449 | 39,826 |
| Net interest income | 15,997 | 14,670 | 31,742 | 29,113 |
| Noninterest income | ||||
| Fees and commissions | 11,080 | 9,469 | 21,629 | 18,884 |
| Market making and similar activities | 4,177 | 3,153 | 7,814 | 6,737 |
| Other income (loss) | 304 | 151 | 645 | 956 |
| Total noninterest income | 15,561 | 12,773 | 30,088 | 26,577 |
| Total revenue, net of interest expense | 31,558 | 27,443 | 61,830 | 55,690 |
| Provision for credit losses | 1,366 | 1,592 | 2,703 | 3,072 |
| Noninterest expense | ||||
| Compensation and benefits | 10,987 | 10,332 | 22,321 | 21,221 |
| Information processing and communications | 1,924 | 1,819 | 3,942 | 3,713 |
| Occupancy and equipment | 1,914 | 1,836 | 3,814 | 3,692 |
| Product delivery and transaction related | 1,327 | 974 | 2,453 | 1,888 |
| Professional fees | 573 | 640 | 1,156 | 1,292 |
| Marketing | 736 | 563 | 1,269 | 1,069 |
| Other general operating | 1,166 | 1,019 | 2,203 | 2,078 |
| Total noninterest expense | 18,627 | 17,183 | 37,158 | 34,953 |
| Income before income taxes | 11,565 | 8,668 | 21,969 | 17,665 |
| Income tax expense | 2,491 | 1,498 | 4,311 | 3,135 |
| Net income | 9,074 | 7,170 | 17,658 | 14,530 |
| Preferred stock dividends and other | 326 | 291 | 755 | 697 |
| Net income applicable to common shareholders | 8,748 | 6,879 | 16,903 | 13,833 |
| Per common share information | ||||
| Earnings | 1.22 | 0.91 | 2.35 | 1.81 |
| Diluted earnings | 1.21 | 0.90 | 2.31 | 1.79 |
| Average common shares issued and outstanding | 7,151.2 | 7,581.2 | 7,203.5 | 7,629.5 |
| Average diluted common shares issued and outstanding | 7,294.2 | 7,651.6 | 7,356.2 | 7,711.2 |
Consolidated Balance Sheet
(Dollars in millions)
| Description | June 30 2026 | December 31 2025 |
|---|---|---|
| Assets | ||
| Cash and due from banks | 28,100 | 28,595 |
| Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks | 201,645 | 203,250 |
| Cash and cash equivalents | 229,745 | 231,845 |
| Time deposits placed and other short-term investments | 9,447 | 7,474 |
| Federal funds sold and securities borrowed or purchased under agreements to resell (includes $217,206 and $185,491 measured at fair value) | 412,415 | 316,578 |
| Trading account assets (includes $178,949 and $185,869 pledged as collateral) | 358,748 | 366,954 |
| Derivative assets | 45,336 | 40,881 |
| Debt securities: | ||
| Carried at fair value | 363,419 | 402,975 |
| Held-to-maturity, at amortized cost (fair value $423,734 and $442,430) | 505,799 | 522,660 |
| Total debt securities | 869,218 | 925,635 |
| Loans and leases (includes $3,359 and $3,498 measured at fair value) | 1,217,619 | 1,185,700 |
| Allowance for loan and lease losses | (13,114) | (13,203) |
| Loans and leases, net of allowance | 1,204,505 | 1,172,497 |
| Premises and equipment, net | 12,788 | 12,516 |
| Goodwill | 69,021 | 69,021 |
| Loans held-for-sale (includes $3,842 and $2,271 measured at fair value) | 6,535 | 5,165 |
| Customer and other receivables | 106,269 | 98,186 |
| Other assets (includes $7,311 and $9,058 measured at fair value) | 175,164 | 164,986 |
| Total assets | 3,499,191 | 3,411,738 |
| Liabilities | ||
| Deposits in U.S. offices: | ||
| Noninterest-bearing | 529,985 | 517,834 |
| Interest-bearing (includes $1,828 and $1,223 measured at fair value) | 1,357,513 | 1,361,177 |
| Deposits in non-U.S. offices: | ||
| Noninterest-bearing | 14,358 | 14,216 |
| Interest-bearing | 123,268 | 125,502 |
| Total deposits | 2,025,124 | 2,018,729 |
| Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $223,698 and $223,067 measured at fair value) | 332,218 | 344,716 |
| Trading account liabilities | 123,162 | 105,996 |
| Derivative liabilities | 42,577 | 42,076 |
| Short-term borrowings (includes $11,431 and $8,051 measured at fair value) | 59,979 | 48,088 |
| Accrued expenses and other liabilities (includes $4,830 and $8,996 measured at fair value and $1,150 and $1,177 of reserve for unfunded lending commitments) | 275,174 | 231,074 |
| Long-term debt (includes $84,797 and $72,591 measured at fair value) | 339,863 | 317,816 |
| Total liabilities | 3,198,097 | 3,108,495 |
| Commitments and contingencies (Note 6 – Securitizations and Other Variable Interest Entities and Note 10 – Commitments and Contingencies) | ||
| Shareholders’ equity | ||
| Preferred stock, $0.01 par value; authorized 100,000,000 shares; issued and outstanding – 3,951,164 and 3,991,164 shares | 24,996 | 25,992 |
| Common stock and additional paid-in capital, $0.01 par value; authorized 12,800,000,000 shares; issued and outstanding – 7,017,967,460 and 7,212,464,345 shares | 13,611 | 26,084 |
| Retained earnings | 274,520 | 261,693 |
| Accumulated other comprehensive income (loss) | (12,033) | (10,526) |
| Total shareholders’ equity | 301,094 | 303,243 |
| Total liabilities and shareholders’ equity | 3,499,191 | 3,411,738 |
| Assets of consolidated variable interest entities included in total assets above (isolated to settle the liabilities of the variable interest entities) | ||
| Trading account assets | 7,703 | 7,139 |
| Loans and leases | 17,905 | 17,875 |
| Allowance for loan and lease losses | (858) | (871) |
| Loans and leases, net of allowance | 17,047 | 17,004 |
| All other assets | 889 | 709 |
| Total assets of consolidated variable interest entities | 25,639 | 24,852 |
| Liabilities of consolidated variable interest entities included in total liabilities above | ||
| Short-term borrowings (includes $0 and $0 of non-recourse short-term borrowings) | 6,964 | 5,779 |
| Long-term debt (includes $7,555 and $6,847 of non-recourse debt) | 7,555 | 6,847 |
| All other liabilities (includes $20 and $18 of non-recourse liabilities) | 20 | 18 |
| Total liabilities of consolidated variable interest entities | 14,539 | 12,644 |
Consolidated Statement of Cash Flows
(Dollars in millions)
| Description | Six months ended June 30 2026 | Six months ended June 30 2025 |
|---|---|---|
| Operating activities | ||
| Net income | 17,658 | 14,530 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Provision for credit losses | 2,703 | 3,072 |
| (Gains) losses on sales of debt securities | (19) | 20 |
| Depreciation and amortization | 1,217 | 1,136 |
| Net accretion of discount/premium on debt securities | (305) | (146) |
| Deferred income taxes | 612 | (49) |
| Amortization of stock-based compensation | 2,150 | 2,014 |
| Net change in: | ||
| Trading and derivative assets/liabilities | 23,147 | (25,849) |
| Loans held-for-sale | (1,530) | 4,080 |
| Other assets | (17,869) | (19,307) |
| Accrued expenses and other liabilities | 41,671 | 9,439 |
| Other operating activities, net | 1,378 | (256) |
| Net cash provided by (used in) operating activities | 70,813 | (11,316) |
| Investing activities | ||
| Net change in: | ||
| Time deposits placed and other short-term investments | (1,973) | (3,005) |
| Federal funds sold and securities borrowed or purchased under agreements to resell | (95,837) | (81,670) |
| Debt securities carried at fair value: | ||
| Proceeds from sales | 121,408 | 61,564 |
| Proceeds from paydowns and maturities | 54,880 | 40,472 |
| Purchases | (140,172) | (123,638) |
| Held-to-maturity debt securities: | ||
| Proceeds from paydowns and maturities | 16,292 | 16,782 |
| Loans and leases: | ||
| Proceeds from sales of loans originally classified as held for investment and instruments from related securitization activities | 7,320 | 4,051 |
| Purchases | (4,148) | (11,136) |
| Other changes in loans and leases, net | (37,641) | (47,086) |
| Other investing activities, net | (3,337) | (2,262) |
| Net cash used in investing activities | (83,208) | (145,928) |
| Financing activities | ||
| Net change in: | ||
| Deposits | 6,395 | 46,146 |
| Federal funds purchased and securities loaned or sold under agreements to repurchase | (12,498) | 71,689 |
| Short-term borrowings | 12,900 | 4,500 |
| Long-term debt: | ||
| Proceeds from issuance | 77,366 | 56,926 |
| Retirement | (52,000) | (35,964) |
| Preferred stock: | ||
| Proceeds from issuance | — | 2,996 |
| Redemption | (1,000) | (2,669) |
| Common stock repurchased | (13,246) | (9,823) |
| Cash dividends paid | (4,956) | (4,752) |
| Other financing activities, net | (1,777) | (1,158) |
| Net cash provided by financing activities | 11,184 | 127,891 |
| Effect of exchange rate changes on cash and cash equivalents | (889) | 5,250 |
| Net decrease in cash and cash equivalents | (2,100) | (24,103) |
| Cash and cash equivalents at January 1 | 231,845 | 290,114 |
| Cash and cash equivalents at June 30 | 229,745 | 266,011 |
Amounts as printed on the EDGAR/iXBRL face — (In millions, except per share information); (Dollars in millions). Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗