Bank of America Corporation (BAC) Q3 FY2026 earnings

Reported results

• GAAP net income $6.9 billion ($0.91 diluted EPS); adjusted non-GAAP net income $8.1 billion ($1.08 adjusted EPS)
• Total revenue, net of interest expense, $30.0 billion (GAAP) or $30.1 billion FTE (non-GAAP), up 3% year-over-year
• Net interest income $16.4 billion (GAAP) or $16.6 billion FTE (non-GAAP), up 8% year-over-year; net interest yield (FTE) 2.16%, up 15 basis points
• Provision for credit losses $1.3 billion, relatively flat to third quarter 2025; net charge-offs $1.3 billion
• Noninterest expense $19.7 billion (GAAP) or $18.5 billion adjusted non-GAAP; GAAP efficiency ratio 66% or adjusted non-GAAP efficiency ratio 62%
• Returned $8.3 billion to shareholders ($2.2 billion in common stock dividends and $6.0 billion in common stock repurchases)

Notes

Results include a non-tax-deductible regulatory settlement charge of $1.2 billion ($0.17 per share) recorded in All Other for compliance matters related to U.S. Bank Secrecy Act and Anti-Money Laundering and Economic Sanctions Compliance Programs. Adjusted financial measures exclude this settlement charge. The release presents GAAP and non-GAAP (FTE basis, adjusted, and excluding DVA) measures; all figures reported are from the document.

Price and volatility reaction

The stock moved -4.8% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -2.5 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-14 (8-K, Item 2.02). Read the original filing on sec.gov.