Bank of America stock reports 15 percent Q2 revenue growth
Published on 09/24/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bank of America stock reported 15 percent second-quarter revenue growth to USD 31.6 billion, while the share price stood at USD 56.00 on the NYSE on September 23, 2026. The Q2 figures put earnings momentum against a more cautious near-term outlook for investment banking fees.
Q2 earnings set a high bar
Fortune reported that Bank of America's Q2 2026 revenue rose 15 percent year over year to USD 31.6 billion. Net income increased 27 percent to USD 9.1 billion, while diluted EPS climbed 34 percent to USD 1.21.
The comparison is material for valuation: the earnings increase outpaced revenue growth by 19 percentage points. Management also reported a 17 percent return on tangible common equity for Q2 2026, indicating that profitability expanded alongside the top line.
Fee income shapes the next test
Barchart reported on September 14, 2026, that CEO Brian Moynihan expected third-quarter investment banking fees of USD 1.6 billion to USD 1.8 billion, compared with USD 2.0 billion a year earlier. Sales and trading revenue was expected at USD 5.4 billion, flat from the prior year.
The counterweight is net interest income. Management expects full-year 2026 NII growth at the upper end of its 6 percent to 8 percent range and full-year operating leverage of 300 to 400 basis points, after first-half operating leverage exceeded 450 basis points.
Stock remains below its yearly high
Bank of America stock stood at USD 56.00 on the NYSE on September 23, 2026, down USD 0.20 or 0.36 percent from the prior close. Its 52-week range was USD 46.12 to USD 65.23, leaving the price 14.15 percent below the yearly high.
The market capitalization was USD 397.409 billion on the same date. The figures show a stock balancing strong Q2 execution against a fee-sensitive third quarter, with NII growth and capital efficiency carrying the clearest company-specific signals.
Bank of America key data
- Company: Bank of America Corporation
- Ticker: BAC
- Trading venue: NYSE
- Price (as of September 23, 2026): USD 56.00
- Market capitalization: USD 397.409 billion (as of September 23, 2026)
- 52-week range: USD 46.12-65.23 (as of September 23, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Index membership: S&P 500
