Bank of America Q2 2026: Net Income +27% to $9.1B on Higher NII, Investment Banking Rebound

Filed July 31, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 31, 2025 · ~2 min read

Key Changes

• high

  Net income rose 27% YoY to $9.1B ($1.21 diluted EPS) in Q2 2026 from $7.1B ($17300000000) in Q2 2025, driven by higher net interest income (+$1.3B to$$18.4B), noninterest income (+$2.8B to$$1.2B), and lower provision for credit losses (-$226M to $1.4B).

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

  Investment banking fees surged $710M in Q2 2026 (to $2.1B) vs. a $133M decline in Q2 2025, with broad-based strength in debt issuance, advisory, and equity underwriting reversing the prior year's weakness.

  MD&A: Investment Banking Fees verify on EDGAR →
• high

  Share repurchases totaled $13.2B (251.9M shares) in the first half of 2026, up 35% from $9.8B (226.3M shares) in the first half of 2025, reflecting stronger capital generation.

  MD&A: Share Repurchases verify on EDGAR →