Bank of America Q1 net income rises 17% to $8.6 billion; revenue climbs to $30.27 billion
Bank of America Corp BAC | 0.00 |
- Bank of America posted Q1 2026 net income of USD 8.58 billion, up 16.63% from a year earlier.
- Revenue rose to USD 30.27 billion, climbing 7.17%.
- Efficiency ratio narrowed to 61.22% from 62.91%, improving 1.69 percentage points.
- Net interest income increased to USD 15.75 billion, reflecting higher Global Markets activity, deposit and loan growth, and fixed-asset repricing.
- Board declared a quarterly common stock dividend of USD 0.28 per share, payable June 26, 2026.
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