Bank of America Corporation Q1 2026 Earnings Recap

Bank of America delivered a robust Q1 2026, with 7% revenue growth and a 25% increase in EPS, supported by diversified revenue streams, disciplined expense management, and resilient credit quality.

Key Takeaways

• Revenue rose 7% YoY to $30.3 billion, driven by strong net interest income (+9%) and double-digit growth across markets, wealth, and investment banking.
• EPS increased 25% YoY to $1.11, reflecting operating leverage and disciplined expense control, with efficiency ratio improving 170 basis points to 61%.
• Every business segment contributed to growth in revenue, earnings, loans, and deposits, underscoring breadth of performance.
• Asset quality improved with lower net charge-offs, delinquencies, and reservable assets, while provision expense declined to $1.3 billion.
• Capital remains strong with over $200 billion CET1, supporting organic growth and shareholder returns through dividends and buybacks.