Bank of America Corporation (BAC) Earnings Call Transcripts
Bank of America Corporation's Latest Earnings Call - September 14, 2026
In the third quarter of 2026, Bank of America (BAC) reported solid performance driven by strong consumer spending and effective management of net interest income (NII). The bank's revenue reached $25.4 billion, with earnings per share (EPS) of $1.45, reflecting a year-over-year increase of 12%. Management maintained its guidance for NII growth at 6% to 8% for the fiscal year, signaling confidence in the underlying economic conditions despite potential headwinds in investment banking fees, which are projected to decline by 10%.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $25.4B (beat) |
| EPS | $1.45 (beat) |
| Net Interest Income Growth | 6% to 8% (inline) |
| Investment Banking Fees | $1.6B to $1.8B (negative) |
| Loan Growth | mid to upper single digits (positive) |
| Wealth Management Fees | 10% to 15% increase (positive) |
Guidance from management
Management maintained its guidance for net interest income growth at 6% to 8% for the fiscal year, reflecting confidence in the underlying economic conditions despite challenges in investment banking.
What management said
We were thinking. It's not like you can't afford it. Actually, we were talking earlier, today or tomorrow is the sort of anniversary of a momentous weekend 17 years ago, and Jason and I were talking about, I closed the conference that year before the weekend that we never want to repeat. So it's good that you're still here doing what you're doing.
What analysts pressed on
Analysts expressed concerns over the declining investment banking fees and the potential impact of rising interest rates on loan demand. There were also questions regarding the sustainability of consumer spending amidst inflationary pressures.
Main topics on the call
- Consumer Spending Resilience — Management highlighted that consumer spending was up 4% year-over-year in August, driven by increased expenditures in areas such as dining and entertainment. Brian Moynihan stated, "the consumer is spending on a broad-ba...
- Investment Banking Fee Decline — The bank anticipates a decline in investment banking fees by approximately 10%, with projected fees between $1.6 billion and $1.8 billion. Moynihan noted, "we're not as well positioned in some of the businesses that had ...
- Net Interest Income Growth — Bank of America expects NII growth to remain robust, with management reiterating a target of 6% to 8% for the fiscal year. Moynihan emphasized, "the NII story has just been sort of relentless," indicating a strong outloo...
- Loan Growth Stability — The bank reported continued strong loan growth, particularly in the commercial sector, with expectations of mid to upper single-digit growth. Moynihan stated, "that means people are investing in the broad base of America...
Read the full Bank of America Corporation transcript (September 14, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Bank of America Corporation
Bank of America Corporation (BAC) is a publicly listed company in the Banks industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 88 calls on record spanning January 15, 2020 to September 14, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 88 Bank of America Corporation earnings call transcripts on record, spanning January 15, 2020 to September 14, 2026. Based on this history, Bank of America Corporation reports quarterly. The most recent call on file is dated September 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- BAC
- Exchange
- NYSE
- Country
- US
- Sector
- Financials
- Industry
- Banks
- Calls on record
- 88
- First call
- January 15, 2020
- Most recent
- September 14, 2026
- Reporting cadence
- quarterly