Bank of America Corporation is one of the largest financial institutions in the United States, with operations spanning consumer banking, wealth management, commercial and investment banking, and global markets. Its common stock trades on the New York Stock Exchange under the ticker BAC.
For readers researching Bank of America Corporation, it is useful to separate three things: the company itself, its operating businesses, and the publicly traded BAC shares. This guide explains how those pieces fit together, reviews the company’s latest reported financial results, and shows where to find its official filings and dividend information.
Bank of America Corporation at a Glance
| Item | Details |
|---|---|
| Company | Bank of America Corporation |
| Stock ticker | BAC |
| Exchange | New York Stock Exchange |
| Corporate structure | Bank holding company and financial holding company |
| Headquarters | Charlotte, North Carolina |
| Latest reported quarter | Q2 2026, ended June 30, 2026 |
| Q2 2026 revenue, net of interest expense | $31.6 billion |
| Q2 2026 net income | $9.1 billion |
| Q2 2026 diluted EPS | $1.21 |
| Q2 2026 return on tangible common equity | 17.0% |
| Main reportable segments | Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets |
Bank of America reported $9.1 billion in net income and diluted earnings of $1.21 per share for the second quarter of 2026. Revenue, net of interest expense, was $31.6 billion.
What Is Bank of America Corporation?
Bank of America Corporation is a Delaware-incorporated bank holding company and financial holding company headquartered at Bank of America Corporate Center in Charlotte, North Carolina. Its common stock is traded under the symbol BAC on the NYSE.
The corporation operates through a broad collection of banking, investment, wealth-management and capital-markets businesses. Its activities extend well beyond traditional consumer banking.
The corporate structure is also important when reading financial information. Bank of America Corporation is the publicly traded parent company, while Bank of America, N.A. and other businesses operate within the broader corporate organization.
For that reason, a search for “Bank of America” can refer to the corporation, its banking subsidiary, a particular business line, or the BAC stock. Understanding the entity being discussed helps prevent confusion when comparing financial data.
What Does Bank of America Corporation Do?
Bank of America operates across four primary reportable business segments:
- Consumer Banking
- Global Wealth & Investment Management
- Global Banking
- Global Markets
The company’s 2026 Form 10-Q continues to report these four segments, with remaining activities recorded in All Other.
Consumer Banking
Consumer Banking serves individuals and small businesses through banking and lending products.
Its activities include areas such as deposits, consumer lending, credit cards and other consumer financial products. The segment is important because deposits and lending relationships form a major part of the traditional banking business model.
For a bank, deposits can provide funding that supports lending and other activities. Interest earned on loans and securities and interest paid on funding are therefore important components of bank profitability.
Global Wealth & Investment Management
Global Wealth & Investment Management, commonly abbreviated as GWIM, serves wealth-management clients through businesses including Merrill Wealth Management and Bank of America Private Bank.
The segment includes investment management, brokerage, banking and related wealth-management services.
Its results can therefore be influenced by client assets, market levels, asset-management fees, brokerage activity and other wealth-related revenue sources.
Global Banking
Global Banking serves businesses and institutional clients.
Its activities include commercial banking, corporate banking and investment banking. Investment banking fees can fluctuate with the level of mergers and acquisitions, equity issuance, debt issuance and other capital-markets activity.
This makes Global Banking different from Consumer Banking: the clients, products and revenue drivers are different even though both are part of the same corporation.
Global Markets
Global Markets provides market-related services to institutional clients.
The segment includes sales and trading activities across areas such as equities, fixed income, currencies and commodities. Bank of America’s Q2 2026 presentation reported $7.1 billion of sales and trading revenue, up 33% from Q2 2025.
Global Markets can therefore make a meaningful contribution to quarterly results, but its revenue can also vary with market conditions and client activity.
How Does Bank of America Make Money?
Bank of America’s revenue comes from multiple sources rather than one single product.
A major component is net interest income, which broadly represents the difference between interest earned on interest-generating assets and interest paid on funding, subject to the accounting presentation used in the company’s financial statements.
Other sources include:
- Investment banking fees
- Asset-management fees
- Sales and trading revenue
- Service charges
- Brokerage and investment-related revenue
- Other noninterest income
In Q2 2026, Bank of America reported GAAP net interest income of approximately $16.0 billion, while total revenue, net of interest expense, was $31.6 billion. The company said the quarterly revenue increase reflected higher net interest income, sales and trading revenue, asset-management fees and investment-banking fees.
That diversification matters when interpreting Bank of America financial results. A quarter with stronger investment-banking or markets activity can look different from a quarter driven primarily by consumer lending and deposit economics.
What Is Bank of America’s Stock Symbol?
Bank of America’s common stock trades under the ticker BAC on the New York Stock Exchange.
The distinction between the company and the ticker is simple:
Bank of America Corporation is the company.
BAC is the ticker symbol used to identify its publicly traded common stock.
This distinction becomes especially important when using financial-data websites because different securities, preferred shares or historical security records can have different identifiers.
BAC Is Not the Same as Every Bank of America Security
Bank of America has issued different classes and types of securities over time. A financial-data record should therefore be checked for its exact security identifier, share class and trading status before using its price or historical data.
For current common-stock research, the relevant ticker is BAC.
Bank of America Financial Performance
Bank of America’s 2025 annual report provides a useful historical baseline before looking at 2026 quarterly results.
For 2025, the company reported:
| Financial measure | 2025 |
|---|---|
| Net interest income | $60.096 billion |
| Noninterest income | $53.001 billion |
| Revenue, net of interest expense | $113.097 billion |
| Provision for credit losses | $5.675 billion |
| Net income | $30.509 billion |
| Net income applicable to common shareholders | $29.055 billion |
The corresponding 2024 figures were $56.060 billion of net interest income, $49.796 billion of noninterest income, $105.856 billion of revenue net of interest expense and $26.973 billion of net income.
These annual figures provide context, but they should not be treated as a substitute for the latest quarterly information.
Bank of America Latest Earnings: Q2 2026
Bank of America’s second-quarter 2026 results covered the three months ended June 30, 2026.
The company reported:
| Q2 2026 metric | Result | Change vs. Q2 2025 |
|---|---|---|
| Revenue, net of interest expense | $31.6B | +15% |
| Net income | $9.1B | +27% |
| Diluted EPS | $1.21 | +34% |
| Net interest income | $16.0B | +9% |
| Return on average common shareholders’ equity | 12.7% | Higher |
| Return on average tangible common equity | 17.0% | Higher |
| Efficiency ratio | 59% | Improved from 63% |
Bank of America said the increase in revenue reflected higher net interest income, sales and trading revenue, asset-management fees and investment-banking fees.
The company’s Q2 2026 Form 10-Q also reported six-month 2026 net income of $17.658 billion, compared with $14.530 billion for the first six months of 2025.
Q2 2026 Business Segment Results
Each of the company’s four primary business segments contributed to year-over-year growth in the second quarter.
Bank of America’s Q2 presentation reported segment net income of approximately:
- Consumer Banking: $3.3 billion
- Global Wealth & Investment Management: $1.4 billion
- Global Banking: $2.0 billion
- Global Markets: $2.6 billion
The company reported year-over-year net-income increases across all four segments in Q2 2026.
This breakdown is useful because consolidated earnings alone do not show where a bank’s performance is coming from.
Key Bank of America Financial Metrics to Understand
Net Interest Income
Net interest income is a core banking metric. It reflects interest income and interest expense and is closely connected to lending, deposits, funding costs and interest-rate conditions.
For Q2 2026, Bank of America reported $15.997 billion of GAAP net interest income.
Net Income
Net income represents the company’s earnings after applicable expenses and taxes.
Bank of America reported $9.074 billion in Q2 2026 net income, compared with $7.170 billion in Q2 2025.
Earnings Per Share
EPS expresses earnings on a per-share basis.
Bank of America’s diluted EPS was $1.21 in Q2 2026, compared with $0.90 in Q2 2025.
EPS can be affected not only by changes in net income but also by changes in the number of shares outstanding.
Return on Tangible Common Equity
Return on tangible common equity, or ROTCE, is a profitability measure frequently discussed in bank reporting.
Bank of America reported 17.0% ROTCE for Q2 2026, compared with 13.6% in Q2 2025. The company identifies ROTCE as a non-GAAP measure and provides reconciliation information in its financial materials.
Deposits and Loans
Deposits and loans are central to understanding a banking company’s balance sheet.
Bank of America’s Q2 2026 presentation reported approximately $2.0 trillion in deposits and $1.2 trillion in loans, with both measures higher year over year on the basis used in the presentation.
Does Bank of America Pay a Dividend?
Yes. Bank of America pays dividends on its common stock, subject to declaration by its board of directors.
In July 2026, Bank of America announced that its board had declared a $0.32 per-share quarterly dividend on common stock, up from $0.28 in the previous quarter. The dividend was payable September 25, 2026, to shareholders of record on September 4, 2026.
The company’s official dividend history shows the following 2026 common-stock payments:
| 2026 announcement | Dividend per share |
|---|---|
| February 3 | $0.28 |
| April 23 | $0.28 |
| July 24 | $0.32 |
As of September 25, 2026, Bank of America stated that there were no future common-stock dividends presently declared. Dividend declarations and payments remain subject to company decisions and applicable requirements.
Dividend history should therefore be distinguished from future dividend expectations.
Bank of America Annual Reports and SEC Filings
For current and historical financial information, the company’s annual and quarterly filings are among the most useful primary sources.
Form 10-K
The annual Form 10-K provides information about:
- business operations
- financial statements
- risk factors
- business segments
- capital
- liquidity
- management’s discussion and analysis
- shareholder information
Bank of America’s 2025 Form 10-K was filed in February 2026.
Form 10-Q
The quarterly Form 10-Q updates financial information during the year.
Bank of America’s Q2 2026 Form 10-Q was filed July 31, 2026 and covers the period ended June 30, 2026.
For readers researching BAC, the latest quarterly filing is often more useful for current financial information than an older annual report.
Form 8-K
Form 8-K filings can provide timely information about significant corporate events, including earnings releases and dividend announcements.
Bank of America’s July 14, 2026 8-K reported the company’s Q2 2026 results.
Bank of America Corporation vs. BAC Stock: What’s the Difference?
This is one of the easiest concepts to misunderstand.
Bank of America Corporation refers to the publicly traded company.
BAC identifies its common stock on the NYSE.
The company’s financial statements describe the performance and financial position of the corporation. The market price of BAC shares, meanwhile, changes continuously during trading and reflects market participants’ expectations, supply and demand, and other factors.
A strong quarterly result does not automatically translate into a particular stock-price movement, just as a weak period does not mechanically determine the next market price.
That is why company fundamentals and stock-market performance should be analyzed as related but distinct subjects.
What Should Readers Monitor in Future Bank of America Results?
Anyone researching Bank of America can use a consistent checklist when new earnings are released.
1. Net Interest Income
Changes can provide information about the relationship between interest-earning assets, funding costs, deposits and interest-rate conditions.
2. Deposits
Deposit levels can help explain funding trends and customer activity.
3. Loan Growth
Changes in loans and leases can provide context about lending activity and balance-sheet growth.
4. Provision for Credit Losses
Credit-loss provisions can change as management’s expectations about credit conditions and loan losses change.
5. Investment Banking Fees
Investment-banking revenue can be influenced by activity in areas such as debt issuance, equity issuance and mergers and acquisitions.
6. Global Markets Revenue
Sales and trading results can fluctuate with market activity, client demand and market conditions.
7. Wealth-Management Revenue
Asset-management fees and other wealth-related revenue can provide insight into the performance of Global Wealth & Investment Management.
8. Capital and Liquidity
Bank capital and liquidity are important considerations for understanding a large financial institution’s balance sheet and capacity for distributions.
These metrics should be evaluated together rather than treating any single number as a complete picture of the company.
Where Can You Find Bank of America’s Financial Information?
Bank of America’s official Investor Relations website provides access to its earnings releases, presentations, supplemental information and SEC filings. Its Q2 2026 investor-relations page lists the earnings release, webcast, presentation, supplemental information and 10-Q for the quarter ended June 30, 2026.
For regulatory filings, the SEC’s EDGAR database provides the company’s filings, including the 2026 Form 10-Q.
For general financial education and related investing topics, you can also explore FinanceGate’s investing resources and FinanceGate for additional financial guides.
Frequently Asked Questions
What is Bank of America Corporation?
Bank of America Corporation is a U.S.-based bank holding company and financial holding company headquartered in Charlotte, North Carolina. Its common stock trades on the NYSE under the ticker BAC.
What is Bank of America’s stock symbol?
Bank of America’s common-stock ticker is BAC, and the shares trade on the New York Stock Exchange.
What does Bank of America do?
Bank of America operates across Consumer Banking, Global Wealth & Investment Management, Global Banking and Global Markets. Its activities include consumer banking, lending, wealth management, commercial banking, investment banking and markets services.
What were Bank of America’s latest reported earnings?
For Q2 2026, Bank of America reported $31.6 billion of revenue, net of interest expense, $9.1 billion of net income and $1.21 in diluted EPS.
Does Bank of America pay a dividend?
Yes. Bank of America pays dividends on its common stock when declared by its board. The latest dividend listed by the company was $0.32 per share, announced in July 2026.
What are Bank of America’s main business segments?
The company’s four primary reportable segments are Consumer Banking, Global Wealth & Investment Management, Global Banking and Global Markets.
How does Bank of America make money?
Bank of America generates revenue from net interest income and multiple forms of noninterest income, including investment-banking fees, sales and trading, asset-management fees and other banking-related activities.
Where can I find Bank of America’s SEC filings?
Bank of America’s SEC filings are available through the SEC’s EDGAR database and through the company’s Investor Relations website. The company’s Q2 2026 Form 10-Q was filed on July 31, 2026.
Final Takeaway
Bank of America Corporation is a diversified financial company whose operations extend across consumer banking, wealth management, commercial and investment banking, and global markets. Its common stock trades as BAC on the NYSE.
The latest reported quarter, Q2 2026, produced $31.6 billion in revenue, $9.1 billion in net income and $1.21 in diluted EPS. The company also increased its quarterly common-stock dividend to $0.32 per share in July 2026.
For anyone researching BAC, the most useful approach is to keep company fundamentals, financial filings, dividend announcements and market-price information as separate but connected pieces of the overall picture. Bank of America’s official filings and Investor Relations materials should remain the primary references when new results become available.
Muhammad Bilal 
