Bank of America Q1 profit jumps 17% to $8.6B on higher rates, fees; dividend raised 8%

Filed May 1, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 30, 2025 · ~1 min read

Key Changes

• high

  Net income rose 17% year-over-year to $8.6 billion ($1.11/share) driven by $1.3B increase in net interest income, higher investment banking and brokerage fees, and lower credit provisions.

  MD&A: Net Income and EPS verify on EDGAR →
• high

  Net interest income climbed 9% to $15.7B as net interest margin expanded 8 basis points to 2.07%, reflecting deposit/loan growth and fixed-asset repricing despite lower rates.

  MD&A: Net Interest Income verify on EDGAR →
• high

  Provision for credit losses fell $143M to $1.3B, signaling improved asset quality in credit card portfolio versus prior-year deterioration in card and commercial real estate office.

  MD&A: Provision for Credit Losses verify on EDGAR →