Bank of America (BACRP) reported third-quarter 2026 net income of $6.9 billion, or diluted earnings per share of $0.91. Revenue, net of interest expense, rose 3% year over year to $30.0 billion.
The reported results included a $1.2 billion regulatory settlement charge. Net interest income increased 8% from a year earlier to $16.4 billion.
- Reported diluted EPS was $0.91, compared with $1.04 in the prior-year quarter.
- Provision for credit losses was $1.3 billion, while net charge-offs totaled $1.3 billion.
- Noninterest expense was $19.7 billion, including the regulatory settlement charge.
- Average deposits increased 2% to $2.02 trillion and average loans and leases rose 6% to $1.23 trillion.
- The company returned $8.3 billion to shareholders through $2.2 billion of common stock dividends and $6.0 billion of common stock repurchases.
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