Bank of America Corporation
- Bank of America edged down 0.5% to $59.20 after the company reported better-than-expected second quarter results.
Total revenue increased 15.3% to $31.6 billion from $27.4 billion, net income advanced 26.4% to $9.1 billion from $7.2 billion, and diluted earnings per share rose to $1.21 from 90 cents a year ago.
Higher interest rates supported the 9% jump in net interest income to $16.0 billion, and provision for credit losses decreased to $1.4 billion from $1.6 billion in the period a year ago.
The company returned $8.0 billion to shareholders, including $2.0 billion in dividends and $6.0 billion in common stock repurchases.
Jul 14, 2026
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