Bank of America Reports Q1 2026 Earnings of $1.11 Per Share, Revenue of $30.43 Billion
Bank of America reported first-quarter 2026 earnings per share of $1.11, surpassing the LSEG estimate of $1.01. Net income rose 17% to $8.6 billion, with revenue up 7.2% to $30.43 billion. The bank has topped earnings expectations for 23 consecutive quarters.
investopedia.com (News photo)01. 93 billion. 6 billion compared to the year-earlier period. 11 marked the highest in almost two decades for Bank of America. 2% from the previous year. S. bank by assets. Bank of America topped expectations for earnings per share for 23 consecutive quarters.
The Federal Reserve is in the middle of an inflation-fighting campaign.
Trading and Investment Banking Revenues Rise Bank of America's equities trading revenue for Q1 2026 jumped 30% to $2.
48 billion. The bank's trading operations achieved its best quarter in 15 years. 83 billion. 73 billion. 67 billion. Bank of America guided to net interest income growth of between 5% and 7% this year.
Provisions and Credit Metrics Improve Bank of America posted a $1.
49 billion. 48%. Return on tangible common equity reached 16%, an improvement of more than 200 basis points. The consumer banking division gained more than 20% in net income for the quarter. The global wealth division also gained more than 20% in net income.
U.S. banks reported good earnings across the board this week.
Executives Address Economic Outlook Bank of America expects a mild recession but is preparing for worse than a mild recession, according to Brian Moynihan.
U.S. consumers from spending money. He stated that bank earnings this week proved the system worked and reported good earnings across the board this week in a sign of health after disruption from Silicon Valley Bank.
U.S. banks reported good earnings across the board this week in a sign of health after disruption from Silicon Valley Bank. He added that healthy client activity, including solid consumer spending and stable asset quality, indicated a resilient American economy.
m. ET.
“We saw healthy client activity, including solid consumer spending and stable asset quality, indicating a resilient American economy.”
Story Timeline
6 events- 2026-04-15
Bank of America reports Q1 2026 earnings with EPS of $1.11 and revenue of $30.43 billion.
1 sourceBank of America - 2026-04-15
Brian Moynihan states U.S. banks reported good earnings across the board this week.
1 sourceBrian Moynihan - 2026-04-15
Bank of America executives schedule analyst call for 8:30 a.m. ET.
1 sourceBank of America - Q1 2026
Bank of America's net income rises 17% to $8.6 billion.
1 sourceBank of America - Prior 22 quarters
Bank of America tops earnings per share expectations for 23 consecutive quarters including Q1 2026.
1 sourceunattributed - 2023
Disruption from Silicon Valley Bank affects U.S. banking system.
1 sourceBrian Moynihan
Potential Impact
- 01
Strengthened investor confidence in Bank of America due to consecutive earnings beats.
- 02
Growth in net interest income may support profitability in inflation-fighting environment.
- 03
Potential boost to U.S. banking sector sentiment following good earnings across banks.
- 04
Resilient consumer spending could sustain banking revenues despite economic slowdown risks.
- 05
Increased provisions for credit losses could signal caution amid recession expectations.
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