Bank of America in charts: Consumer banking revenue +4% Y/Y, global wealth and investment management +13%

Bank of America (BAC) released Q3 2026 results. The report includes key metrics like net interest margin, credit costs, trading revenue, and guidance, which are crucial for investors.

Bank of America was fined $1.21bn by US regulators for violations of sanctions and anti-money laundering laws. The penalties include $1.2bn from FinCEN, $750m from the OCC, and $11.6m from OFAC. The bank admitted to failing to comply with AML programs, due diligence, and filing suspicious activity reports, leading to over $5bn in untracked transactions, including $1bn related to national security risks.

Bank of America's wealth division reported Q3 2026 net income of $1.5B, up 19% YoY, with revenue rising 13% to $7.1B. Asset management fees increased 16% to $4.5B, and client balances grew 9% to $5.1T. Group-wide, BoA's net income fell to $6.9B, or $0.91 per share, including a $1.2B regulatory charge. Shares are down 3% YTD.

Bank of America (BAC) faces $1.21B in penalties for anti-money-laundering failures, announced by the U.S. Treasury. The bank will report a $1.2B charge, reducing earnings by ~17 cents per share, in its Q3 results. BAC stock fell 1.17% to $53.94 on Oct 13, then dropped 2.29% after hours. Regulators criticized BAC's compliance efforts, and an independent review is planned.

Bank of America (BAC) reported Q3 EPS of $1.08, missing estimates by $0.02, with revenue at $30B, below the $30.58B consensus. The stock is down 11.93% over 3 months but up 3.21% over 12 months. InvestingPro rates its financial health as 'good performance'.

Bank of America (BAC) shares fell 4.5% in pre-market trading after Q3 earnings missed estimates due to a $1.2B regulatory settlement. EPS was $1.08 vs. $1.10 expected, and revenue was $30B vs. $30.6B expected. The charge stemmed from a $1.21B enforcement action for compliance failures. Peers also reported mixed results, contributing to sector caution.