Observed Signal · Oct 30, 2026 · earnings · Source: SEC API · Impact: 4.2/5
10-Q Financial Filing Analysis for Bank of America (2026-10-30)
Bank of America Corporation reported net income of $6.93 billion ($0.91 per diluted share) for Q3 2026, down from $8.33 billion ($1.04 per diluted share) in Q3 2025. Total revenue net of interest expense reached $29.96 billion, driven by net interest income growth of 8% to $16.45 billion, offset by a contraction in noninterest income to $13.51 billion. Results were significantly weighed down by a $1.20 billion non-tax-deductible civil money penalty recorded within noninterest expense ($19.72 billion total) following regulatory settlements with the OCC, FinCEN, and OFAC concerning BSA/AML and sanctions compliance programs. Provision for credit losses fell slightly to $1.27 billion. Common Equity Tier 1 capital ratio under the Standardized approach stood at 10.9%, maintaining a solid buffer over regulatory minimums despite $6.0 billion in common share repurchases and $2.2 billion in common dividend payments during the quarter.
Material impact on profitability driven by a $1.2 billion regulatory enforcement settlement across multiple US agencies alongside strong core NII asset-sensitivity and capital management actions.
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Key Takeaways & Evidence Grounding
- Q3 2026 net income decreased to $6,933 million compared to $8,332 million in Q3 2025, primarily driven by a $1.2 billion non-tax-deductible regulatory settlement charge covering OCC, FinCEN, and OFAC consent orders.
- Net interest income grew to $16,449 million (up 8.0% YoY) with net interest yield improving 15 bps to 2.16% on an FTE basis, while total revenue net of interest expense increased to $29,958 million.
- Total loans and leases reached $1,251,260 million at September 30, 2026, while total deposits stood at $2,038,758 million, supporting Common Equity Tier 1 (CET1) capital of $198.4 billion (10.9% Standardized CET1 ratio).
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10-Q Financial Filing Analysis for Bank of America (2026-07-31)
Bank of America Corporation filed its Form 10-Q for the second quarter ended June 30, 2026, detailing stable consolidated operational performance across core banking segments. Results were primarily supported by resilient net interest income along with growth in investment banking fees and asset management revenue. The bank maintained a strong balance sheet and solid capital adequacy, ending the quarter with a Common Equity Tier 1 (CET1) ratio of 11.8%, while continuing targeted capital expenditures in digital banking platforms and enterprise technology to drive operational efficiency.
8-K Financial Filing Analysis for Bank of America (2026-10-14)
Bank of America Corporation filed a Form 8-K under Items 2.02 and 7.01 disclosing its financial results for the third quarter ended September 30, 2026. For the quarter, the bank reported net income of $6.9 billion, translating to $0.91 per diluted share. Alongside the earnings press release, the corporation furnished presentation materials and supplemental financial information for its investor conference call and webcast held on October 14, 2026.
8-K Financial Filing Analysis for Bank of America (2026-07-24)
On July 24, 2026, Bank of America Corporation filed a Form 8-K announcing that its Board of Directors declared a quarterly cash dividend on its common stock of $0.32 per share. This represents a $0.04 per share increase, or a 14% growth compared to the prior quarter's dividend rate. The action reflects the bank's continued capital return strategy following regulatory capital assessments and demonstrates management's confidence in its balance sheet strength and earnings generation capability.
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