Treasury fines Bank of America as Bank of America stock falls 2.38 percent
Published on 10/14/2026 at 12:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPenalty and earnings timing
- Treasury imposed USD 1.21 billion in penalties on Bank of America on October 13, 2026.
- Second-quarter diluted earnings per share were USD 1.21, while the third-quarter estimate was USD 1.11.
- Bank of America stock trades at EUR 47.67 at 12:32 p.m. CEST at Lang & Schwarz on October 14, 2026, 2.38 percent below the Xetra close of October 13, 2026.
Bank of America (ISIN US0605051046) faces USD 1.21 billion in penalties announced on October 13, 2026, while Bank of America stock was trading at EUR 47.67 at Lang & Schwarz at 12:32 p.m. CEST on October 14, 2026, 2.38 percent below the Xetra close of EUR 48.83 on October 13, 2026. The enforcement action arrived before the bank's scheduled third-quarter report.
Penalty changes earnings math
The U.S. Treasury said on October 13, 2026, that the actions exceeded USD 1.21 billion. The package includes a USD 1.20 billion Financial Crimes Enforcement Network penalty, a USD 750.00 million Office of the Comptroller of the Currency penalty credited toward that amount, and a USD 11.60 million sanctions settlement.
Bank of America said the penalty will create a USD 1.20 billion non-tax-deductible charge in its third-quarter results and reduce net income by about USD 0.17 per share, according to CNBC on October 13, 2026. Treasury said the bank had failed to report more than USD 5.00 billion in suspicious transactions.
Three dated developments
On July 14, 2026, Bank of America reported second-quarter diluted earnings per share of USD 1.21, according to Barchart. On September 30, 2026, the company said it would release third-quarter results at approximately 6:45 a.m. ET on October 14, 2026, per Bank of America. On October 13, 2026, Treasury announced the USD 1.21 billion enforcement package.
What comes next for earnings?
Bank of America scheduled its third-quarter report for October 14, 2026, with an investor call at 8:30 a.m. ET, according to the company release. The pre-release estimate was USD 1.10 earnings per share and USD 30.69 billion in revenue, as reported by CNBC. That estimate is USD 0.11 below the second-quarter earnings figure, making the penalty charge a central part of the earnings comparison.
Price sits below Xetra close
The Lang & Schwarz quote was EUR 47.67 on October 14, 2026 at 12:32 p.m. CEST, down EUR 1.16, or 2.38 percent, versus the Xetra close of October 13, 2026 at EUR 48.83. The primary listing is Bank of America Corporation on the New York Stock Exchange under BAC; the finance quote showed USD 382.9 billion in market capitalization, a USD 46.12 to USD 65.23 52-week range, and a USD 53.96 price as of October 13, 2026.
The further course of trading is shown by the continuously updated real-time quote of Bank of America stock.
Bank of America stock facts
- Company: Bank of America Corporation
- ISIN: US0605051046
- Ticker: BAC
- Primary exchange: New York Stock Exchange
- Price Lang & Schwarz (as of October 14, 2026, 12:32 p.m. CEST): EUR 47.67
- Change versus Xetra close: minus 2.38 percent
- Xetra close (October 13, 2026): EUR 48.83
- Market capitalization: USD 382.9 billion (as of October 13, 2026)
- 52-week range: USD 46.12-65.23 (as of October 13, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
Market context: Market report S&P 500.
