Bank of America Posts Strong Q2 as Every Business Segment Grows
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Bank of America Posts Strong Q2 as Every Business Segment Grows Renato Neves, CFA Tue, July 14, 2026 at 3:26 PM EDT 1 min read BAC This article first appeared on GuruFocus . Bank of America ( NYSE:BAC ) fell 1.70% in premarket after the bank reported Q2 2026 diluted EPS of $1.21, up 34% year-on-year, beating the Wall Street consensus of $1.10. Revenue of $31.6 billion, up 15%, also beat the Wall Street estimate of $30.2 billion. Net income rose 27% to $9.1 billion. Net interest income grew 9% to $16.0 billion, and the efficiency ratio improved 359 basis points to 59%, delivering 6.6% operating leverage. Every segment posted double-digit net income growth. Global Markets led with sales and trading revenue of $7.1 billion, up 33% year-on-year. Equities surged 70% to $3.6 billion and FICC rose 9% to $3.5 billion, marking the 17th consecutive quarter of year-on-year growth. Investment banking fees rose 50% to $2.1 billion. Global Wealth and Investment Management revenue grew 16% to $6.9 billion, with AUM reaching $2.3 trillion and client balances of $4.9 trillion. Consumer Banking revenue rose 5% to $11.3 billion, with combined credit and debit card spend up 9%. Bank of America returned $8.0 billion to shareholders in the quarter through $6.0 billion in buybacks and $2.0 billion in dividends. The CET1 ratio stood at 11.2%, and the net charge-off ratio improved 8 basis points year-on-year to 0.47%. CEO Brian Moynihan said every business segment delivered strong returns on equity against a healthy economic backdrop, with commercial borrowing picking up and near-term pipelines remaining strong.
AI 시장 분석
BAC's annual EPS for 2Q exceeded the Street's estimate of $1.10, rising 34% to $1.21. Revenue grew 15%, surpassing the Street's estimate of $3.02 billion at $3.16 billion. Net income increased 27%, reaching $9.1 billion. BAC's profitability grew by more than 10% in all areas.
상승 영향
- Banking — BAC recorded a net profit growth rate of over 10% in all areas. The net profit growth rate is 27%, higher than the Street's estimate.
- Finance — BAC's CET1 ratio was 11.2%, and credit loss ratio decreased by 8 basis points.
하락 영향
- Investment — Although BAC's stock price fell 1.70%, it still met the market's expectations.
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