Bank of America Q3 2026 profit falls to $6.9B

A $1.2 billion regulatory settlement charge accounted for $0.17 per diluted share of reported third-quarter results.

Rhea-AI Filing Summary

Bank of America Corporation (BAC) reported third-quarter 2026 net income of $6.9 billion, or $0.91 per diluted share, for the quarter ended September 30, 2026. Revenue, net of interest expense, was $30.0 billion, up 3% year over year, while net interest income was $16.4 billion, up 8%. Results included a $1.2 billion regulatory settlement charge, equal to $0.17 per diluted share; excluding it, adjusted net income was $8.1 billion and adjusted EPS was $1.08, both non-GAAP measures.

Average loans and leases increased 6% year over year to $1.23 trillion, and average deposits rose 2% to $2.02 trillion. BAC reported $8.3 billion returned to shareholders through common stock dividends and repurchases, including $2.2 billion in dividends and $6.0 billion in repurchases. Segment results varied: Global Wealth and Investment Management revenue rose 13% to $7.1 billion, while Global Markets revenue declined 6% to $5.9 billion and total investment banking fees, excluding self-led, fell 11% to $1.8 billion.

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Positive

• Moderate pointNet interest income rose 8% year over year to $16.4 billion.

Negative

• Moderate pointThird-quarter net income was $6.9 billion, versus $8.3 billion a year earlier.
• Minor pointA $1.2 billion regulatory settlement charge equaled $0.17 per diluted share.

Filing Explained

In its third-quarter results, Bank of America reported 6,922,695,323 common shares issued and outstanding at September 30, versus 7,017,967,460 at June 30; the lower period-end count means each unchanged holding represented a larger share of the common-share total.

8-K Event Classification

3 items: 2.02, 7.01, 9.01

3 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Revenue, net of interest expense: $30.0 billion Net interest income: $16.4 billion Net income: $6.9 billion +4 more

7 metrics

Revenue, net of interest expense $30.0 billion Third quarter 2026; up 3% year over year

Net interest income $16.4 billion Third quarter 2026; up 8% year over year

Net income $6.9 billion Third quarter 2026, compared with $8.3 billion in third quarter 2025

Diluted earnings per share $0.91 Third quarter 2026, compared with $1.04 in third quarter 2025

Regulatory settlement charge $1.2 billion Third quarter 2026; $0.17 per diluted share

Shareholder distributions $8.3 billion Third quarter 2026; dividends and common stock repurchases

Common equity tier 1 (CET1) ratio 10.9% Preliminary; Standardized approach, as of September 30, 2026

Key Terms

fully taxable-equivalent (FTE), Common equity tier 1 (CET1) capital, net debit valuation adjustment (DVA), assets under management (AUM)

4 terms

fully taxable-equivalent (FTE) financial

"reported on an FTE basis"

Common equity tier 1 (CET1) capital financial

"Common equity tier 1 (CET1) capital of $198 billion"

Common Equity Tier 1 (CET1) capital is a bank’s highest-quality capital — mainly ordinary shares and retained profits after straightforward deductions — that serves as the primary cushion against losses. Investors use the CET1 ratio (CET1 capital compared with the bank’s risk-weighted assets) as a quick gauge of a bank’s resilience: a bigger cushion means the bank is better able to absorb shocks, support lending, pay dividends, and withstand downturns, much like a thicker shock absorber in a car.

net debit valuation adjustment (DVA) financial

"incl. net debit valuation adjustment (DVA) gains"

assets under management (AUM) financial

"strong assets under management (AUM) flows"

Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a bank counting all the money it manages for people and organizations—more AUM generally means the company is trusted with larger amounts and can charge higher fees.

Earnings Snapshot

Net income: $6.9 billion

Third quarter ended September 30, 2026

Net income $6.9 billion Down from $8.3 billion in third quarter 2025

Diluted earnings per share $0.91 Down from $1.04 in third quarter 2025

Revenue, net of interest expense $30.0 billion Up 3% year over year

Net interest income $16.4 billion Up 8% year over year

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did BAC earn in the third quarter of 2026?

BAC reported net income of $6.9 billion, or $0.91 per diluted share, for the quarter ended September 30, 2026. Excluding the $1.2 billion regulatory settlement charge, adjusted net income was $8.1 billion and adjusted EPS was $1.08; the adjusted figures are non-GAAP measures.

What was BAC’s third-quarter 2026 revenue?

Revenue, net of interest expense, was $30.0 billion, up 3% year over year. Net interest income was $16.4 billion, up 8% year over year.

What was BAC’s CET1 capital ratio in the third quarter of 2026?

BAC reported a preliminary Common equity tier 1 (CET1) ratio of 10.9% under the Standardized approach as of September 30, 2026. The company described the ratio as well above the regulatory minimum.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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As filed with the Securities and Exchange Commission on October 14, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

October 14, 2026

BANK OF AMERICA CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

1-6523

56-0906609

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

100 North Tryon Street

Charlotte, North Carolina 28255

(Address of principal executive offices)

(704) 386-5681

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, par value $0.01 per share			BAC			New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of Floating Rate Non-Cumulative Preferred Stock, Series E			BAC PrE			New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 6.000% Non-Cumulative Preferred Stock, Series GG			BAC PrB			New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 5.875% Non-Cumulative Preferred Stock, Series HH			BAC PrK			New York Stock Exchange
7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L			BAC PrL			New York Stock Exchange
Depositary Shares, each representing a 1/1,200th interest in a share of			BML PrG			New York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 1
Depositary Shares, each representing a 1/1,200th interest in a share of			BML PrH			New York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 2
Depositary Shares, each representing a 1/1,200th interest in a share of			BML PrJ			New York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 4
Depositary Shares, each representing a 1/1,200th interest in a share of			BML PrL			New York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 5
Floating Rate Preferred Hybrid Income Term Securities of BAC Capital Trust XIII (and the guarantee related thereto)			BAC/PF			New York Stock Exchange
5.63% Fixed to Floating Rate Preferred Hybrid Income Term Securities of BAC Capital Trust XIV (and the guarantee related thereto)			BAC/PG			New York Stock Exchange
Income Capital Obligation Notes initially due December 15, 2066 of Bank of America Corporation			MER PrK			New York Stock Exchange
Senior Medium-Term Notes, Series A, Step Up Callable Notes, due			BAC/31B			New York Stock Exchange
November 28, 2031 of BofA Finance LLC (and the guarantee of the
Registrant with respect thereto)
Depositary Shares, each representing a 1/1,000th interest in a share of 5.375% Non-Cumulative Preferred Stock, Series KK			BAC PrM			New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 5.000% Non-Cumulative Preferred Stock, Series LL			BAC PrN			New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.375% Non-Cumulative Preferred Stock, Series NN			BAC PrO			New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.125% Non-Cumulative Preferred Stock, Series PP			BAC PrP			New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.250% Non-Cumulative Preferred Stock, Series QQ			BAC PrQ			New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.750% Non-Cumulative Preferred Stock, Series SS			BAC PrS			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company			☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On October 14, 2026, Bank of America Corporation (the “Corporation”) announced financial results for the third quarter ended September 30, 2026, reporting third quarter net income of $6.9 billion, or $0.91 per diluted share. A copy of the press release announcing the Corporation’s results for the third quarter ended September 30, 2026 (the “Press Release”) is attached hereto as Exhibit 99.1 and is incorporated by reference in this Item 2.02. The Press Release is available on the Corporation’s website.

The information provided in Item 2.02 of this report, including Exhibit 99.1, shall be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

ITEM 7.01. REGULATION FD DISCLOSURE.

On October 14, 2026, the Corporation will hold an investor conference call and webcast to discuss financial results for the third quarter ended September 30, 2026, including the Press Release and other matters relating to the Corporation.

The Corporation has also made available on its website presentation materials containing certain historical and forward-looking information relating to the Corporation (the “Presentation Materials”) and materials that contain additional information about the Corporation’s financial results for the third quarter ended September 30, 2026 (the “Supplemental Information”). The Presentation Materials and the Supplemental Information are furnished herewith as Exhibit 99.2 and Exhibit 99.3, respectively, and are incorporated by reference in this Item 7.01. All information in Exhibits 99.2 and 99.3 is presented as of the particular date or dates referenced therein, and the Corporation does not undertake any obligation to, and disclaims any duty to, update any of the information provided.

The information provided in Item 7.01 of this report, including Exhibits 99.2 and 99.3, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall the information or Exhibits 99.2 or 99.3 be deemed incorporated by reference in any filings under the Securities Act of 1933, as amended.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit 99.1 is filed herewith. Exhibits 99.2 and 99.3 are furnished herewith.

EXHIBIT NO.						DESCRIPTION OF EXHIBIT
99.1						The Press Release
99.2						The Presentation Materials
99.3						The Supplemental Information
104						Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						BANK OF AMERICA CORPORATION
						By:			/s/ Johnbull E. Okpara
									Johnbull E. Okpara
									Chief Accounting Officer

Dated: October 14, 2026

1 3Q26 Financial Highlights3(C) 3Q26 Business Segment Highlights1,3,4(C) Consumer Banking • Net income of $3.5 billion • Revenue of $11.6 billion, up 4% • Average deposits of $949 billion, up $1 billion, were modestly higher and up 32% from pre-pandemic levels (4Q19); #1 in U.S. Consumer Deposits5 • Average loans and leases of $321 billion, up $1 billion, were modestly higher; average credit card loans of $106 billion, up 5% • #1 Small Business Lender for 21 consecutive quarters5 • Combined credit / debit card spend of $266 billion, up 8% • Client Highlights – Added 200K+ net new consumer checking accounts; completed 31 consecutive quarters of net growth – 38.9 million consumer checking accounts; 92% are primary6 – 4.1 million small business checking accounts – $664 billion in consumer investment assets, up 14%7 – $1.2 trillion in payments, up 4%8 – 17.6 million clients enrolled in BofA Rewards; ~4 million new enrollments in 3Q269 – 4.2 billion digital logins; 71% of total sales were digitally-enabled Global Wealth and Investment Management • Net income of $1.5 billion • Revenue of $7.1 billion, up 13%, driven by higher asset management fees, up 16% to $4.5 billion, reflecting higher market valuations, strong assets under management (AUM) flows and higher NII • Client balances of $5.1 trillion, up 9%, driven by higher market valuations and strong AUM flows • Average loans and leases of $279 billion, up $33 billion, or 13% • Client Highlights – $2.4 trillion of AUM balances, up 12% – Added ~5K net new $500K+ relationships across Merrill and Private Bank – 87% of Merrill and Private Bank clients digitally active Global Banking • Net income of $2.0 billion • Total Corporation investment banking fees (excl. self-led) of $1.8 billion, down 11% • $669 billion in average deposits, up 6% • Average loans and leases increased 8%, with growth across corporate, commercial and business banking • 10% improvement in treasury service charges Global Markets • Net income of $1.2 billion • Sales and trading revenue of $5.1 billion, incl. net debit valuation adjustment (DVA) gains of $20 million. Down 5% incl. and excl. net DVA(F) – Fixed Income, Currencies and Commodities (FICC) revenue down 17% to $2.6 billion. $2.5 billion excl. net DVA(F) – Equities revenue up 11% to $2.5 billion. Excl. net DVA, up 10%(F) From Chair and CEO Brian Moynihan: The team delivered organic growth, deepening client relationships and adding new ones. While investment banking and sales and trading revenues were lower, commercial lending grew in every client segment. Our momentum, reflected in growth in client deposits, wealth flows and consumer activity, supported solid earnings, balance-sheet growth and long-term shareholder value. Moynihan added: Our disciplined investments in AI are helping teammates serve clients better, work faster and manage risk more effectively. With more than 200,000 teammates using AI tools and 300-plus approved use cases across the company, we are turning our scale into a competitive advantage. Bank of America Reports 3Q26 Net Income of $6.9 Billion; EPS of $0.91 3Q26 Revenue Up 3% YoY to $30.0 Billion,1 Net Interest Income Up 8% YoY to $16.4 Billion ($16.6 Billion FTE)(A) Results Include a Regulatory Settlement Charge of $1.2 Billion, or $0.17 Per Share 3Q26 Adjusted Net Income of $8.1 Billion, Adjusted EPS of $1.082(B) See page 10 for endnotes. Amounts may not total due to rounding. 1 Revenue, net of interest expense. 2 Adjusted net income, adjusted EPS, adjusted noninterest expense, adjusted efficiency ratio, adjusted ROE, adjusted ROTCE and adjusted ROA represent non-GAAP financial measures. For more information and a reconciliation to the most directly comparable GAAP financial measures, see Endnote B on page 10. 3 Financial Highlights and Business Segment Highlights are compared to the year-ago quarter unless noted. 4 The Corporation reports the results of operations of its four business segments and All Other on a fully taxable-equivalent (FTE) basis. 5 Source: Federal Financial Institutions Examination Council (FFIEC) Call Reports, 2Q26. 6 Represents the percentage of consumer checking accounts that are estimated to be the customer’s primary account based on multiple relationship factors (e.g., linked to their direct deposit). 7 End of period. Consumer investment assets include client brokerage assets, deposit sweep balances, brokered CDs, and AUM in Consumer Banking. 8 Total payments represent payments made from Bank of America accounts using credit card, debit card, ACH, wires, billpay, person-to-person, cash and checks. 9 Clients enrolled in BofA Rewards include legacy Preferred Rewards clients and new enrollments since launch of BofA Rewards on May 27, 2026. New client enrollment as of September 30, 2026, is preliminary and includes clients in Consumer and GWIM. 10 Return on average tangible common shareholders’ equity ratio represents a non-GAAP financial measure. For more information, see page 19. 11 Tangible book value per common share represents a non-GAAP financial measure. For more information, see page 19. • Net income of $6.9 billion or diluted earnings per share (EPS) of $0.91 compared to $8.3 billion or EPS of $1.04 – Excluding the regulatory settlement charge, adjusted net income of $8.1 billion or adjusted EPS of $1.082 • Revenue, net of interest expense, of $30.0 billion ($30.1 billion FTE),(A) up 3%, reflected higher net interest income (NII) and asset management fees, as well as lower sales and trading revenue and investment banking fees – NII of $16.4 billion ($16.6 billion FTE),(A) up 8%, driven primarily by higher loan and deposit balances, higher NII related to Global Markets activity and fixed-rate asset repricing – Net interest yield (FTE) of 2.16% increased 15 bps • Provision for credit losses of $1.3 billion was relatively flat to 3Q25 and decreased from $1.4 billion in 2Q26 – Net charge-offs of $1.3 billion decreased from $1.4 billion in 3Q25 and 2Q26 • Noninterest expense of $19.7 billion increased $2.4 billion. Efficiency ratio of 66% – Excluding the regulatory settlement charge, adjusted noninterest expense of $18.5 billion.2 Adjusted efficiency ratio of 62%2 • Return on average common shareholders' equity ratio (ROE) of 9.4%; return on average tangible common shareholders' equity ratio (ROTCE) of 12.6%;10 return on average assets (ROA) of 0.79% – Excluding the regulatory settlement charge, adjusted ROE of 11.1%; adjusted ROTCE of 14.9%; adjusted ROA of 0.93%2 • Balance Sheet Remained Strong – Average deposit balances of $2.02 trillion increased 2% – Average loans and leases of $1.23 trillion increased 6%, with growth across every business segment; 10th consecutive quarter of sequential average growth – Average Global Liquidity Sources of $914 billion(D) – Common equity tier 1 (CET1) capital of $198 billion decreased $3.2 billion from 2Q26 – CET1 ratio of 10.9% (Standardized);(E) well above the regulatory minimum – Returned $8.3 billion to shareholders ($2.2 billion through common stock dividends and $6.0 billion in common stock repurchases) • Book value per common share rose 4% to $39.26; tangible book value per common share rose 3% to $29.1411

2 Net Interest Income (FTE) $15.4 $15.9 $15.9 $16.2 $16.6 $15.2 $15.8 $15.7 $16.0 $16.4 Net interest income (GAAP) FTE adjustment 3Q25 4Q25 1Q26 2Q26 3Q26 Ending Loans and Leases $1,166 $1,186 $1,205 $1,218 $1,251 3Q25 4Q25 1Q26 2Q26 3Q26 Spotlight on Loans and Net Interest Income ($B) (A) From Executive Vice President and CFO Alastair Borthwick: We saw healthy activity from our consumer, wealth management, business and commercial clients. Organic growth helped drive higher revenue and solid earnings. Net interest income grew 8% from last year, supported by continued year-over-year and sequential improvement in net interest yield, while asset management fees rose 17%. Asset quality continued to improve and liquidity and capital remained strong. This helped enable us to invest for growth and return $8.3 billion to shareholders through common stock dividends and share repurchases. Bank of America Financial Highlights 3Q26 3Q25 ($ in billions, except per share data) Reported Regulatory Settlement Charge Adjusted1 Reported Total revenue, net of interest expense $30.0 $— $30.0 $29.0 Provision for credit losses 1.3 — 1.3 1.3 Noninterest expense 19.7 1.2 18.5 17.3 Pretax income 9.0 (1.2) 10.2 10.4 Pretax, pre-provision income2(G) 10.2 (1.2) 11.4 11.7 Income tax expense 2.0 — 2.0 2.1 Net income 6.9 (1.2) 8.1 8.3 Diluted earnings per share $0.91 ($0.17) $1.08 $1.04 Return on average assets 0.79 % 0.93 % 0.96 % Return on average common shareholders’ equity 9.4 11.1 11.4 Return on average tangible common shareholders’ equity2 12.6 14.9 15.3 Efficiency ratio 66 62 60 1 Amounts in this column (other than total revenue, net of interest expense, provision for credit losses, and income tax expense) are adjusted for the regulatory settlement charge. Adjusted amounts represent non-GAAP financial measures. For additional information and a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, see Endnote B on page 10. 2 Pretax, pre-provision income and return on average tangible common shareholders’ equity represent non-GAAP financial measures. For more information, see page 19.

3 Consumer Banking1(C) Financial Results Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Total revenue2 $11,572 $11,336 $11,166 Provision for credit losses 1,045 1,160 1,009 Noninterest expense 5,833 5,801 5,575 Pretax income 4,694 4,375 4,582 Income tax expense 1,173 1,094 1,145 Net income $3,521 $3,281 $3,437 Business Highlights(C) Three months ended ($ in billions) 9/30/2026 6/30/2026 9/30/2025 Average deposits $948.6 $957.0 $947.4 Average loans and leases 321.0 321.1 320.3 Consumer investment assets5 664.4 639.5 580.4 Active mobile banking users (MM) 42.6 42.1 41.3 Number of financial centers 3,531 3,530 3,649 Efficiency ratio 50 % 51 % 50 % Return on average allocated capital 31 29 31 Total Consumer Credit Card3 Average credit card outstanding balances $105.8 $103.6 $101.0 Total credit / debit spend 265.7 266.1 245.2 Risk-adjusted margin 6.7 % 6.5 % 7.5 % • Net income of $3.5 billion • Revenue of $11.6 billion,2 up 4%, driven primarily by higher NII • Provision for credit losses of $1.0 billion, up 4% – Net reserve release of $94 million vs. $113 million(H) – Net charge-offs of $1.1 billion were relatively flat • Noninterest expense of $5.8 billion increased 5%, driven by investments in technology and brand – Efficiency ratio of 50% • Return on average allocated capital of 31% Business Highlights1,3(C) • Average deposits of $949 billion were modestly higher – 59% of deposits in checking accounts; 92% are primary4 • Average loans and leases of $321 billion were modestly higher – Average credit card loans of $106 billion, up 5% • Combined credit / debit card spend of $266 billion increased 8% • Consumer investment assets of $664 billion, up 14%,5 driven by higher market valuations and $18 billion of net client flows from new and existing clients • 17.6 million clients enrolled in BofA Rewards; ~4 million new enrollments in 3Q266 Strong Digital Usage Continued in the Quarter1 • 80% of households actively using digital platforms7 • 50 million active digital banking users, up 1.2 million • 2.3 million digitally-enabled sales, representing 71% of total sales • 4.2 billion digital logins • 25.7 million active Zelle® users, up 4%; sent and received 500 million transactions worth $164 billion, up 9% and 15%, respectively8 • 24.2 million active Erica® users, up 18%9 Continued Business Leadership • No. 1 in U.S. Consumer Deposits(a) • No. 1 Small Business Lender(a) • No. 1 in Retail Banking Advice Satisfaction(b) • World's Best Banks 2026: North America - Best in the U.S.(c) • Merrill Edge Self-Directed No. 1 for Bank Brokerage(d) See page 11 for Business Leadership sources. 1 Comparisons are to the year-ago quarter unless noted. 2 Revenue, net of interest expense. 3 The consumer credit card portfolio includes Consumer Banking and GWIM. 4 Represents the percentage of consumer checking accounts that are estimated to be the customer’s primary account based on multiple relationship factors (e.g., linked to their direct deposit). 5 End of period. Consumer investment assets include client brokerage assets, deposit sweep balances, brokered CDs, and AUM in Consumer Banking. 6 Clients enrolled in BofA Rewards include legacy Preferred Rewards clients and new enrollments since launch of BofA Rewards on May 27, 2026. New client enrollment as of September 30, 2026, is preliminary and includes clients in Consumer and GWIM. 7 Household adoption represents households with consumer bank login activities in a 90-day period, as of August 2026. 8 Includes Bank of America person-to-person payments sent and received through e-mail or mobile identification. Zelle® users represent 90-day active users. 9 Represents mobile and online activity across client-facing platforms powered by Erica®.

4 Global Wealth and Investment Management1(C) Financial Results Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Total revenue2 $7,118 $6,871 $6,312 Provision for credit losses 17 11 4 Noninterest expense 5,048 4,976 4,622 Pretax income 2,053 1,884 1,686 Income tax expense 513 471 421 Net income $1,540 $1,413 $1,265 Business Highlights(C) Three months ended ($ in billions) 9/30/2026 6/30/2026 9/30/2025 Average deposits $278.9 $281.6 $276.5 Average loans and leases 278.6 270.3 245.5 Total client balances (EOP) 5,056.8 4,934.4 4,640.8 AUM flows 20.0 13.7 23.5 Pretax margin 29 % 27 % 27 % Return on average allocated capital 28 26 26 Continued Business Leadership • 19 Merrill advisors on Barron's 2026 Top 100 Women Financial Advisors • >300 Merrill advisors on Barron's 2026 Top 1,500 Financial Advisors • 24 Merrill advisors on Financial Planning's 2026 Top 40 Brokers Under 40 • No. 1 in Managed Personal Trust AUM(a) • Best National Private Bank(e) • No. 1 Outsourcing Manager of Endowment and Foundation Assets(f) • Merrill Recognized by WealthManagement.com for Practice Management(g) See page 11 for Business Leadership sources. • Net income of $1.5 billion • Revenue of $7.1 billion,2 up 13%. The increase was driven by higher asset management fees, up 16% to $4.5 billion, reflecting higher market valuations, strong AUM flows and higher NII • Noninterest expense of $5.0 billion increased 9%, driven primarily by revenue-related incentives – Pretax margin improved to 29% • Return on average allocated capital of 28% Business Highlights1(C) • $5.1 trillion in client balances, up 9%, driven by higher market valuations and strong AUM flows – AUM flows of $20 billion; $74 billion since 3Q25 • Average deposits of $279 billion increased 1% • Average loans and leases of $279 billion increased 13% Merrill Wealth Management Highlights Client Engagement • $4.2 trillion in client balances(C) • $1.9 trillion in AUM balances(C) • ~4.2K net new $500K+ households added in 3Q26 • 70K digital appointments scheduled in the quarter Strong Digital Usage Continued in the Quarter3 • 87% of Merrill households digitally active4 – 67% of Merrill households are active on mobile • 86% of households enrolled in eDelivery5 • 76% of eligible checks deposited through automated channels6 • 81% of eligible brokerage and bank accounts opened through digital onboarding Bank of America Private Bank Highlights Client Engagement • $816 billion in client balances(C) • $488 billion in AUM balances(C) • ~470 net new relationships added in 3Q26 with $3MM+ clients Strong Digital Usage Continued in the Quarter3 • 93% of relationships digitally active4 – 78% of relationships are active on mobile • 53% of eligible relationships enrolled in eDelivery5 • 78% of eligible checks deposited through automated channels6 • 56% of eligible investment, trust and banking accounts opened through digital onboarding 1 Comparisons are to the year-ago quarter unless noted. 2 Revenue, net of interest expense. 3 Merrill includes households with $250K+ in investible assets, excluding stock plan and banking-only households. Private Bank includes relationships with $3MM+ in total balances: includes third-party activity and excludes irrevocable trust only, institutional philanthropic and exiting relationships. Private Bank as of August 2026. 4 Percentage of relationships with login activities in a 90-day period. 5 Percentage of relationships receiving statements electronically. Merrill excludes households with only retirement or 529 accounts. 6 Includes mobile check deposits, remote deposit operations and automated teller machine transactions.

5 Global Banking1,2(C) Financial Results Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Total revenue2,3 $6,205 $6,236 $6,189 Provision for credit losses 210 215 269 Noninterest expense 3,250 3,199 3,044 Pretax income 2,745 2,822 2,876 Income tax expense 755 776 791 Net income $1,990 $2,046 $2,085 Business Highlights2(C) Three months ended ($ in billions) 9/30/2026 6/30/2026 9/30/2025 Average deposits $668.6 $651.9 $631.6 Average loans and leases 418.9 413.4 388.5 Total Corporation investment banking (IB) fees (excl. self- led) 1.8 2.1 2.0 Global Banking IB fees 1.0 1.2 1.2 Business Lending revenue 2.2 2.1 2.2 Global Transaction Services revenue 3.0 2.9 2.7 Efficiency ratio 52 % 51 % 49 % Return on average allocated capital 15 15 16 • Net income of $2.0 billion • Revenue of $6.2 billion3 was relatively flat, as higher NII and treasury service charges were offset by lower investment banking fees • Provision for credit losses of $210 million vs. $269 million – Net charge-offs of $209 million decreased $41 million – Net reserve build of $1 million vs. $19 million(H) • Noninterest expense of $3.3 billion increased 7%, driven by investments in the business, including people and technology – Efficiency ratio of 52% • Return on average allocated capital of 15% Business Highlights1,2(C) • Total Corporation investment banking fees (excl. self-led) of $1.8 billion decreased 11% • $669 billion in average deposits increased 6% • $419 billion in average loans and leases increased 8% Strong Digital Usage Continued in the Quarter1 • 86% of relationship clients digitally active4 • 3.0 million total mobile sign-ins, up 22%5 • $358 billion CashPro® App Payments, up 20% • 41.1K interactions with CashPro® Chat, supported by Erica® technology Continued Business Leadership • No. 1 in Overall Leadership in Digital Channels (tied), fourth consecutive year(h) • North America’s Most Innovative Bank(c) • World’s Best Bank for Small to Medium-sized Enterprises(i) • Best Solution Innovation in AI(j) • Best Global Bank for Transaction Banking(c) • Best Global Supply Chain Finance Bank(k) • Share Leader and Best Bank Award for U.S. Corporate Banking & Cash Management(l) • Relationships with 78% of the Global Fortune 500; 96% of the U.S. Fortune 1,000 (2026) See page 11 for Business Leadership sources. 1 Comparisons are to the year-ago quarter unless noted. 2 Global Banking and Global Markets share in certain deal economics from investment banking, loan origination activities, and sales and trading activities. 3 Revenue, net of interest expense. 4 Includes Commercial and Business Banking clients that meet revenue threshold and all Corporate clients on CashPro® and BA360 platforms as of August 2026. 5 Includes CashPro, BA360, and Global Card Access. BA360 as of August 2026.

6 Global Markets1,2,3(C) Financial Results Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Total revenue2,3 $5,867 $8,022 $6,225 Net DVA 20 (57) 14 Total revenue (excl. net DVA)2,3,4 $5,847 $8,079 $6,211 Provision (benefit) for credit losses 3 (11) 9 Noninterest expense 4,195 4,484 3,895 Pretax income 1,669 3,549 2,321 Income tax expense 434 923 673 Net income $1,235 $2,626 $1,648 Net income (excl. net DVA)4 $1,220 $2,669 $1,637 Business Highlights2(C) Three months ended ($ in billions) 9/30/2026 6/30/2026 9/30/2025 Average total assets $1,091.8 $1,120.5 $1,024.3 Average trading-related assets 729.3 746.9 676.6 Average loans and leases 200.6 205.0 191.0 Sales and trading revenue 5.1 7.1 5.4 Sales and trading revenue (excl. net DVA)4 5.1 7.2 5.3 Global Markets IB fees 0.8 1.0 0.8 Efficiency ratio 72 % 56 % 63 % Return on average allocated capital 9 20 13 • Net income of $1.2 billion (incl. and excl. net DVA)4 • Revenue of $5.9 billion decreased 6%, driven by lower sales and trading revenue and investment banking fees • Noninterest expense of $4.2 billion increased 8%, driven by higher revenue-related expenses and investments in the business, including people and technology – Efficiency ratio of 72% • Return on average allocated capital of 9% • Average VaR of $51 million5 Business Highlights1,2,3,4(C) • Sales and trading revenue of $5.1 billion decreased 5% (incl. and excl. net DVA)4 – FICC revenue decreased 17% to $2.6 billion ($2.5 billion excl. net DVA),4 driven primarily by mortgages, municipals and credit – Equities revenue increased 11% to $2.5 billion (excl. net DVA, up 10%),4 driven by increased client financing activity, particularly in Asia and the U.S. Additional Highlights • 650+ research analysts covering 3,600+ companies; 1,400+ corporate bond issuers across 55+ economies and 25 industries Continued Business Leadership • Global Derivatives House of the Year(m) • CLO Bank of the Year(m) • Securitization Bank of the Year(m) • Commodity Derivatives House of the Year(n) • Europe & Asia FX Derivatives House of the Year(m) • Best Equities Trading Desk(o) • Best House, Interest Rates(p) • No. 1 Municipal Bonds Underwriter(q) • No. 2 Top Global Research Firm(r) See page 11 for Business Leadership sources. 1 Comparisons are to the year-ago quarter unless noted. The explanations for current period-over-period changes for Global Markets are the same for amounts including and excluding net DVA. 2 Global Banking and Global Markets share in certain deal economics from investment banking, loan origination activities, and sales and trading activities. 3 Revenue, net of interest expense. 4 Revenue and net income, excluding net DVA, are non-GAAP financial measures. See Endnote F on page 10 for more information. 5 VaR model uses a historical simulation approach based on three years of historical data and an expected shortfall methodology equivalent to a 99% confidence level. Average VaR was $51MM, $49MM and $66MM for 3Q26, 2Q26 and 3Q25, respectively.

7 All Other1 Financial Results Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Total revenue2 ($643) ($744) ($698) Provision (benefit) for credit losses (6) (9) 4 Noninterest expense 1,396 167 201 Pretax loss (2,033) (902) (903) Income tax expense (benefit) (680) (610) (800) Net income (loss) ($1,353) ($292) ($103) 1 Comparisons are to the year-ago quarter unless noted. 2 Revenue, net of interest expense. 3 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP measure, see Endnote B on page 10. Note: All Other primarily consists of asset and liability management (ALM) activities, liquidating businesses and certain expenses not otherwise allocated to a business segment. ALM activities encompass interest rate and foreign currency risk management activities for which substantially all of the results are allocated to our business segments. • Net loss of $1.4 billion included a non-tax-deductible regulatory settlement charge of $1.2 billion • The Corporation’s effective tax rate (ETR) for the quarter was approximately 23% – Excluding the non-tax-deductible regulatory settlement charge, the adjusted ETR was approximately 20%3

8 Credit Quality1 Highlights Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Provision for credit losses $1,269 $1,366 $1,295 Net charge-offs 1,349 1,412 1,367 Net charge-off ratio2 0.44 % 0.47 % 0.47 % At period-end Nonperforming loans and leases $5,544 $5,751 $5,347 Nonperforming loans and leases ratio 0.44 % 0.47 % 0.46 % Allowance for credit losses 14,184 14,264 14,361 Allowance for loan and lease losses 13,005 13,114 13,252 Allowance for loan and lease losses ratio3 1.04 % 1.08 % 1.14 % 1 Comparisons are to the year-ago quarter unless noted. 2 Net charge-off ratio is calculated as annualized net charge-offs divided by average outstanding loans and leases during the period. 3 Allowance for loan and lease losses ratio is calculated as allowance for loan and lease losses divided by loans and leases outstanding at the end of the period. Note: Net charge-offs and ratios do not include loans accounted for under the fair value option. Charge-offs • Total net charge-offs of $1.3 billion decreased $18 million from 3Q25 and $63 million from 2Q26 – Consumer net charge-offs of $997 million were relatively flat to 3Q25 and decreased $43 million from 2Q26 – Credit card charge-off rate of 3.22% vs. 3.46% in 3Q25 and 3.55% in 2Q26 ▪ Both early- and late-stage credit card delinquency rates improved for the sixth consecutive quarter on a year-over-year basis – Commercial net charge-offs of $352 million decreased $37 million from 3Q25 and $20 million from 2Q26 • Net charge-off ratio2 of 0.44% decreased 3 bps vs. 3Q25 and 2Q26 Provision for credit losses • Provision for credit losses of $1.3 billion was relatively flat to 3Q25 and decreased $97 million from 2Q26 – Net reserve release of $80 million vs. $72 million in 3Q25 and $46 million in 2Q26(H) Allowance for credit losses • Allowance for loan and lease losses of $13.0 billion represented 1.04% of total loans and leases3 – Allowance for credit losses of $14.2 billion included $1.2 billion for unfunded commitments • Nonperforming loans and leases of $5.5 billion increased $197 million from 3Q25 and decreased $207 million from 2Q26 • Commercial reservable criticized utilized exposure of $19.9 billion decreased $6.4 billion from 3Q25 and $2.2 billion from 2Q26

9 Balance Sheet, Liquidity, and Capital Highlights ($ in billions except per share data, end of period, unless otherwise noted)(C) Three months ended 9/30/2026 6/30/2026 9/30/2025 Ending Balance Sheet Total assets $3,427.7 $3,499.2 $3,403.1 Total loans and leases 1,251.3 1,217.6 1,165.9 Total loans and leases in business segments (excluding All Other) 1,244.1 1,210.2 1,158.5 Total deposits 2,038.8 2,025.1 2,002.2 Average Balance Sheet Average total assets $3,471.9 $3,531.6 $3,433.4 Average loans and leases 1,226.0 1,216.5 1,153.0 Average deposits 2,022.1 2,023.0 1,991.4 Funding and Liquidity Long-term debt $318.7 $339.9 $311.5 Global Liquidity Sources, average(D) 914 947 961 Equity Common shareholders’ equity $271.8 $276.1 $276.4 Common equity ratio 7.9 % 7.9 % 8.1 % Tangible common shareholders’ equity1 $201.8 $206.1 $206.4 Tangible common equity ratio1 6.0 % 6.0 % 6.2 % Per Share Data Common shares outstanding (in billions) 6.92 7.02 7.33 Book value per common share $39.26 $39.34 $37.72 Tangible book value per common share1 29.14 29.37 28.16 Regulatory Capital2(E) CET1 capital $198.4 $201.6 $202.9 Standardized approach Risk-weighted assets $1,824 $1,792 $1,751 CET1 ratio 10.9 % 11.2 % 11.6 % Advanced approaches Risk-weighted assets $1,650 $1,613 $1,546 CET1 ratio 12.0 % 12.5 % 13.1 % Supplementary leverage Supplementary leverage ratio (SLR) 5.5 % 5.5 % 5.8 % 1 Represents a non-GAAP financial measure. For reconciliations to the most directly comparable GAAP financial measures, see page 19. 2 Effective 4Q25, the Corporation elected to change its accounting methods for certain tax-related equity investments and applied those changes retrospectively through cumulative adjustment to retained earnings. Under applicable bank regulatory rules, the Corporation is not required to revise previously-filed regulatory capital ratios and, accordingly, did not revise regulatory capital information as of 3Q25.

10 Endnotes A We also measure NII and revenue, net of interest expense, on an FTE basis, which are non-GAAP financial measures. FTE basis is a performance measure used in operating the business that management believes provides investors with meaningful information on the interest margin for comparative purposes. We believe that this presentation allows for comparison of amounts from both taxable and tax-exempt sources and is consistent with industry practice. NII on an FTE basis was $16.6 billion, $16.2 billion, $15.9 billion, $15.9 billion and $15.4 billion for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively. Revenue, net of interest expense, on an FTE basis, was $30.1 billion, $31.7 billion and $29.2 billion for the three months ended September 30, 2026, June 30, 2026 and September 30, 2025, respectively. The FTE adjustment was $161 million, $163 million, $162 million, $165 million and $154 million for the three months ended September  30, 2026, June  30, 2026, March  31, 2026, December 31, 2025 and September 30, 2025, respectively. B On October 13, 2026, the Office of the Comptroller of the Currency and the Financial Crime Enforcement Network (FinCEN) announced that the Corporation consented to orders related to certain aspects of its U.S. Bank Secrecy Act and Anti-Money Laundering and Economic Sanctions Compliance Programs. As a result, for 3Q26, the Corporation recorded non-tax-deductible noninterest expense of $1.2B to accrue for the civil money penalties resulting from the regulatory consent orders (Regulatory Settlement Charge). The Corporation believes that the presentation of the following non-GAAP financial measures, which exclude the impact of the Regulatory Settlement Charge (labeled as “3Q26 Adjusted” in the table below), provides useful information to investors because management uses them, together with GAAP results, to assess the Corporation's operating performance. Management believes these measures provide additional insight into underlying business performance and operating trends and facilitate period-to-period comparisons. These measures should be considered in addition to, and not as a substitute for, the most directly comparable GAAP financial measures. C We present certain key financial and nonfinancial performance indicators (KPIs) that management uses when assessing consolidated and/or segment results. We believe this information is useful because it provides management and investors with information about underlying operational performance and trends. KPIs are presented in Consolidated and Business Segment Highlights on page 1, Balance Sheet, Liquidity, and Capital Highlights on page 9 and on the Segment pages for each segment. D Global Liquidity Sources (GLS) include cash and high-quality, liquid, unencumbered securities, inclusive of U.S. government securities, U.S. agency securities, U.S. agency mortgage-backed securities, and a select group of non-U.S. government and supranational securities, and other investment-grade securities, and are readily available to meet funding requirements as they arise. Transfers of liquidity among legal entities may be subject to certain regulatory and other restrictions. E Regulatory capital ratios at September 30, 2026 are preliminary. The Corporation reports regulatory capital ratios under both the Standardized and Advanced approaches. Capital adequacy is evaluated against the lower of the Standardized or Advanced approaches compared to their respective regulatory capital ratio requirements. The Corporation’s binding ratio was the Total capital ratio under the Standardized approach at September 30, 2026 and September 30, 2025 and the Tier 1 capital ratio under the Standardized approach at June 30, 2026. F The below table includes Global Markets sales and trading revenue, excluding net DVA, which is a non-GAAP financial measure. We believe that the presentation of measures that exclude this item is useful because such measures provide additional information to assess the underlying operational performance and trends of our businesses and to allow better comparison of period-to-period operating performance. Three months ended (Dollars in millions) 9/30/2026 6/30/2026 9/30/2025 Sales and trading revenue Fixed-income, currencies and commodities $ 2,565 $ 3,476 $ 3,092 Equities 2,510 3,622 2,270 Total sales and trading revenue $ 5,075 $ 7,098 $ 5,362 Sales and trading revenue, excluding net debit valuation adjustment1 Fixed-income, currencies and commodities $ 2,548 $ 3,536 $ 3,078 Equities 2,507 3,619 2,270 Total sales and trading revenue, excluding net debit valuation adjustment $ 5,055 $ 7,155 $ 5,348 G Pretax, pre-provision income (PTPI) is a non-GAAP financial measure calculated by adjusting consolidated pretax income to add back provision for credit losses. Management believes that PTPI is a useful financial measure as it enables an assessment of the Company’s ability to generate earnings to cover credit losses through a credit cycle and provides an additional basis for comparing the Company's results of operations between periods by isolating the impact of provision for credit losses, which can vary significantly between periods. For reconciliations to the most directly comparable GAAP financial measures, see page 19. H Reserve build (or release) is calculated by subtracting net charge-offs for the period from the provision for credit losses recognized in that period. The period- end allowance, or reserve, for credit losses reflects the beginning of the period allowance adjusted for net charge-offs recorded in that period plus the provision for credit losses and other valuation accounts recognized in that period. 1 For the three months ended September 30, 2026, June 30, 2026 and September 30, 2025, net DVA gains (losses) were $20 million, ($57) million and $14 million, FICC net DVA gains (losses) were $17 million, ($60) million and $14 million, and Equities net DVA gains (losses) were $3 million, $3 million and $0 million, respectively. 1 Calculated as net income applicable to common shareholders divided by average diluted common shares of 7.2 billion. 2 Calculated as net income divided by average assets of $3.5 trillion. 3 Calculated as net income applicable to common shareholders divided by average common shareholders’ equity of $276 billion. 4 Calculated as net income applicable to common shareholders divided by average tangible common shareholders’ equity of $206 billion. Return on average tangible common shareholders’ equity and average tangible common shareholders’ equity represent non-GAAP financial measures. For reconciliations to the most directly comparable GAAP financial measures, see page 19. 5 Calculated as noninterest expense divided by revenue, net of interest expense, of $30.0 billion. 6 Calculated as income tax expense of $2.0 billion divided by pretax income. Reconciliation (in billions, except per share data) 3Q26 Reported Regulatory Settlement Charge 3Q26 Adjusted Noninterest expense $19.7 $1.2 $18.5 Pretax income 9.0 (1.2) 10.2 Pretax, pre-provision income(G) 10.2 (1.2) 11.4 Net income 6.9 (1.2) 8.1 Net income applicable to common shareholders 6.5 (1.2) 7.7 Diluted earnings per share1 $0.91 ($0.17) $1.08 Return on average assets2 0.79 % (14) bps 0.93 % Return on average common shareholders’ equity3 9.4 (173) bps 11.1 Return on average tangible common shareholders’ equity4 12.6 (231) bps 14.9 Efficiency ratio5 66 401 bps 62 Effective tax rate6 23 267 bps 20

11 (a) FFIEC Call Reports, 2Q26. (b) J.D. Power 2026 U.S. Retail Banking Advice Satisfaction Study measures customer satisfaction with retail bank advice / guidance in the past 12 months. For more information, visit jdpower.com/awards.* (c) Global Finance, 2026. (d) StockBrokers.com* 2026 Annual Awards. (e) Family Wealth Report, 2026. (f) P&I Research Center, 2026. (g) WealthManagement.com,* 2026. (h) Coalition Greenwich Digital Transformation Benchmarking Program, 2025. (i) Euromoney, 2026. (j) Treasury Management International, 2026. (k) Asian Banker, 2026. (l) Coalition Greenwich, 2026. (m) GlobalCapital, 2026. (n) IFR, 2025. (o) Global Markets Choice Awards, 2026. (p) SRP Americas Awards, 2026. (q) LSEG-Refinitiv, 2026 YTD. (r) Extel, 2025. Business Leadership Sources * Website content is not incorporated by reference into this press release.

12 Contact Information and Investor Conference Call Invitation Investor Call Information Chair and CEO Brian Moynihan and Executive Vice President and CFO Alastair Borthwick will discuss third- quarter 2026 financial results in an investor conference call at 8:30 a.m. ET today. The conference call and presentation materials can be accessed on the Bank of America Investor Relations website at https:// investor.bankofamerica.com.* For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international). The conference ID is 79795. Please dial in 10 minutes prior to the start of the call. Investors can access replays of the conference call by visiting the Investor Relations website or by calling 1.800.934.4850 (U.S.) or 1.402.220.1178 (international) from noon October 14 through 11:59 p.m. ET on October 23. Investors May Contact: Lee McEntire, Bank of America Phone: 1.980.388.6780 lee.mcentire@bofa.com Jonathan G. Blum, Bank of America (Fixed Income) Phone: 1.212.449.3112 jonathan.blum@bofa.com Bank of America Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving more than 69 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy- to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries and/or jurisdictions. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Forward-Looking Statements Bank of America Corporation (the Corporation) and its management may make certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “anticipates,” “targets,” “expects,” “hopes,” “estimates,” “intends,” “plans,” “goals,” “outlook,” “believes,” “continue” and other similar expressions or future or conditional verbs such as “will,” “may,” “might,” “should,” “would” and “could.” Forward-looking statements represent the Corporation’s current expectations, plans or forecasts of its or its business segments' future results, which may include, among other measures, revenue, liquidity, net interest income, net interest yield, other income, provision for credit losses, expenses, operating leverage, effective tax rate, efficiency ratio, capital measures, deposits and assets, as well as strategy, future business and economic conditions more generally, and other future matters. These statements are not guarantees of future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond the Corporation’s control. Actual outcomes and results may differ materially from those expressed in, or implied by, any of these forward-looking statements. * Website content is not incorporated by reference into this press release. Reporters May Contact: Jocelyn Seidenfeld, Bank of America Phone: 1.646.743.3356 jocelyn.seidenfeld@bofa.com Tim Hurkmans, Bank of America Phone: 1.929.656.1718 tim.hurkmans@bofa.com

13 You should not place undue reliance on any forward-looking statement and should consider the following uncertainties and risks, as well as the risks and uncertainties more fully discussed under Item 1A. Risk Factors of the Corporation’s 2025 Annual Report on Form 10-K and in any of the Corporation’s subsequent U.S. Securities and Exchange Commission (SEC) filings: the Corporation’s potential judgments, orders, settlements, penalties, fines and reputational damage, which are inherently difficult to predict, including related to the adequacy of the Corporation's anti- money laundering and economic sanctions programs (including the consent orders associated therewith) and pending, threatened or future litigation and regulatory inquiries, demands, requests, investigations, proceedings and enforcement actions, which the Corporation is subject to in the ordinary course of business, including matters related to our processing of unemployment benefits for California and certain other states, the features of our automatic credit card payment service, and the processing of electronic payments, including through the Zelle network, and related fraud, which are in various stages; in connection with ongoing litigation, the impact of certain changes to Visa’s and Mastercard’s respective card payment network rules and reductions in interchange fees for U.S.-based merchants; the possibility that the Corporation's future liabilities may be in excess of its recorded liability and estimated range of possible loss for litigation, and regulatory and government actions; the impact of U.S. and global interest rates (including the potential for fluctuations in interest rates), inflation, currency exchange rates, economic conditions, trade policies and tensions, including changes in, or the imposition of, tariffs and / or trade barriers and the economic impacts, volatility and uncertainty resulting therefrom, which may have varying effects across industries and geographies, and geopolitical instability; uncertainties about the financial stability and growth rates of non-U.S. jurisdictions, the risk that those jurisdictions may face difficulties servicing their sovereign debt, and related stresses on financial markets, currencies and trade, and the Corporation’s exposures to such risks, including direct, indirect and operational; the impact of the interest rate, inflationary, macroeconomic, banking and regulatory environment on the Corporation’s assets, business, financial condition and results of operations; the impact of adverse developments affecting the U.S. or global banking industry, including a deterioration in private credit markets, bank failures and liquidity concerns, resulting in worsening economic and market volatility, and regulatory responses thereto; the possibility that future credit losses may be higher than currently expected, including due to changes in economic assumptions, which may include unemployment rates, real estate prices, gross domestic product levels and corporate bond spreads, customer behavior, adverse developments with respect to U.S. or global economic conditions and other uncertainties, such as the impact of trade policies, supply chain disruptions, commodity prices, inflationary pressures and labor shortages on economic conditions and our business; potential losses related to the Corporation’s concentration of credit risk; the Corporation's ability to achieve its expense targets (including noninterest expense) and expectations regarding revenue, net interest income, operating leverage, other income, provision for credit losses, net charge-offs, effective tax rate, loan or deposit growth or other projections and targets; variances to the underlying assumptions and judgments used in estimating banking book net interest income sensitivity; adverse changes to the Corporation’s credit ratings from the major credit rating agencies; an inability to access capital markets or maintain deposits or borrowing costs; estimates of the fair value and other accounting values, subject to impairment assessments, of certain of the Corporation’s assets and liabilities; the estimated or actual impact of changes in accounting standards or assumptions in applying those standards; uncertainty regarding the content, timing and impact of regulatory capital and liquidity requirements; the impact of adverse changes to total loss-absorbing capacity requirements, stress capital buffer requirements and / or global systemically important bank surcharges; the potential impact of actions of the Board of Governors of the Federal Reserve System on the Corporation’s capital plans; the effect of changes in or interpretations of income tax laws and regulations, including impacts from the 2025 Budget Reconciliation Act; the impact of implementation and compliance with U.S. and international laws, regulations and regulatory interpretations, including recovery and resolution planning requirements, Federal Deposit Insurance Corporation assessments, fiduciary standards, derivatives regulations and potential changes to loss allocations between financial institutions and customers, including for losses incurred from the use of our products and services, including electronic payments and payment of checks, that were authorized by the customer but induced by fraud; the impact of failures or disruptions in or breaches of the Corporation’s operations or information systems, or those of various third parties, including regulators and federal and state governments, such as from cybersecurity incidents; the risks related to the development, implementation, use and management of emerging technologies, including artificial intelligence and the ability to achieve expected or potential benefits, such as increased productivity, profitability and cost savings; the risks related to the transition and physical impacts of climate change; our ability to achieve environmental goals or the impact of any changes in the Corporation's sustainability or human capital management strategy or goals; the impact of uncertain or changing political conditions, federal government shutdowns, including partial shutdowns, and uncertainty regarding the federal government’s debt limit or changes in fiscal, monetary, trade or regulatory policy; the emergence of widespread health emergencies or pandemics; the impact of natural disasters, extreme weather events, military conflicts (including the Russia / Ukraine conflict, the conflicts in the Middle East, the possible expansion of such conflicts and potential geopolitical and economic consequences), civil unrest, terrorism or other geopolitical events; and other matters. Forward-looking statements speak only as of the date they are made, and the Corporation undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. “Bank of America” and “BofA Securities” are the marketing names used by the Global Banking and Global Markets divisions of Bank of America Corporation. Lending, other commercial banking activities, and trading in certain financial instruments are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Trading in securities and financial instruments, and strategic advisory, and other investment banking activities, are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”) or other affiliates, including, in the United States, BofA Securities, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, each of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. BofA Securities, Inc. is registered as a futures commission merchant with the CFTC and is a member of the NFA. Investment products offered by Investment Banking Affiliates:  Are Not FDIC Insured · May Lose Value · Are Not Bank Guaranteed. Bank of America Corporation’s broker-dealers are not banks and are separate legal entities from their bank affiliates. The obligations of the broker-dealers are not obligations of their bank affiliates (unless explicitly stated otherwise), and these bank affiliates are not responsible for securities sold, offered, or recommended by the broker-dealers. The foregoing also applies to other non-bank affiliates. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom at https://newsroom.bankofamerica.com.* www.bankofamerica.com* * Website content is not incorporated by reference into this press release.

Current-period information is preliminary and based on company data available at the time of the presentation. 14 Bank of America Corporation and Subsidiaries Selected Financial Data (In millions, except per share data) Nine Months Ended September 30 Third Quarter 2026 Second Quarter 2026 Third Quarter 2025Summary Income Statement 2026 2025 Net interest income $ 48,191 $ 44,346 $ 16,449 $ 15,997 $ 15,233 Noninterest income 43,597 40,384 13,509 15,561 13,807 Total revenue, net of interest expense 91,788 84,730 29,958 31,558 29,040 Provision for credit losses 3,972 4,367 1,269 1,366 1,295 Noninterest expense 56,880 52,290 19,722 18,627 17,337 Income before income taxes 30,936 28,073 8,967 11,565 10,408 Income tax expense 6,345 5,211 2,034 2,491 2,076 Net income $ 24,591 $ 22,862 $ 6,933 $ 9,074 $ 8,332 Preferred stock dividends 1,147 1,126 392 326 429 Net income applicable to common shareholders $ 23,444 $ 21,736 $ 6,541 $ 8,748 $ 7,903 Average common shares issued and outstanding 7,152.7 7,574.5 7,052.5 7,151.2 7,466.0 Average diluted common shares issued and outstanding 7,312.5 7,724.7 7,222.2 7,294.2 7,627.1 Summary Average Balance Sheet Total cash and cash equivalents $ 269,329 $ 294,819 $ 256,773 $ 281,356 $ 289,196 Total debt securities 885,403 929,833 861,088 880,724 932,588 Total loans and leases 1,210,822 1,125,293 1,226,018 1,216,519 1,153,035 Total earning assets 3,088,203 3,019,348 3,058,359 3,106,726 3,040,188 Total assets 3,505,158 3,404,555 3,471,861 3,531,568 3,433,447 Total deposits 2,020,672 1,974,630 2,022,083 2,022,950 1,991,434 Common shareholders’ equity 276,205 273,274 275,885 275,988 275,149 Total shareholders’ equity 301,449 296,655 300,881 300,984 300,381 Performance Ratios Return on average assets 0.94 % 0.90 % 0.79 % 1.03 % 0.96 % Return on average common shareholders’ equity 11.35 10.63 9.41 12.71 11.40 Return on average tangible common shareholders’ equity (1) 15.20 14.30 12.60 17.03 15.29 Per Common Share Information Earnings $ 3.28 $ 2.87 $ 0.93 $ 1.22 $ 1.06 Diluted earnings 3.23 2.84 0.91 1.21 1.04 Dividends paid 0.88 0.80 0.32 0.28 0.28 Book value 39.26 37.72 39.26 39.34 37.72 Tangible book value (1) 29.14 28.16 29.14 29.37 28.16 Summary Period-End Balance Sheet September 30 2026 June 30 2026 September 30 2025 Total cash and cash equivalents $ 249,643 $ 229,745 $ 246,507 Total debt securities 842,034 869,218 936,050 Total loans and leases 1,251,260 1,217,619 1,165,900 Total earning assets 3,005,010 3,068,647 3,010,704 Total assets 3,427,704 3,499,191 3,403,149 Total deposits 2,038,758 2,025,124 2,002,208 Common shareholders’ equity 271,753 276,098 276,445 Total shareholders’ equity 296,749 301,094 302,437 Common shares issued and outstanding 6,922.7 7,018.0 7,329.4 Nine Months Ended September 30 Third Quarter 2026 Second Quarter 2026 Third Quarter 2025Credit Quality 2026 2025 Total net charge-offs $ 4,170 $ 4,344 $ 1,349 $ 1,412 $ 1,367 Net charge-offs as a percentage of average loans and leases outstanding (2) 0.46 % 0.52 % 0.44 % 0.47 % 0.47 % Provision for credit losses $ 3,972 $ 4,367 $ 1,269 $ 1,366 $ 1,295 September 30 2026 June 30 2026 September 30 2025 Total nonperforming loans, leases and foreclosed properties (3) $ 5,649 $ 5,870 $ 5,470 Nonperforming loans, leases and foreclosed properties as a percentage of total loans, leases and foreclosed properties (3) 0.45 % 0.48 % 0.47 % Allowance for credit losses $ 14,184 $ 14,264 $ 14,361 Allowance for loan and lease losses 13,005 13,114 13,252 Allowance for loan and lease losses as a percentage of total loans and leases outstanding (2) 1.04 % 1.08 % 1.14 % For footnotes, see page 15.

Current-period information is preliminary and based on company data available at the time of the presentation. 15 Bank of America Corporation and Subsidiaries Selected Financial Data (continued) (Dollars in millions) Capital Management     September 30 2026 June 30 2026 September 30 2025    Regulatory capital metrics (4, 5): Common equity tier 1 capital $ 198,407 $ 201,581 $ 202,875 Common equity tier 1 capital ratio - Standardized approach 10.9 % 11.2 % 11.6 % Common equity tier 1 capital ratio - Advanced approaches 12.0 12.5 13.1 Total capital ratio - Standardized approach 14.2 14.7 15.0 Total capital ratio - Advanced approaches 15.1 15.6 16.3 Tier 1 leverage ratio 6.6 6.6 6.8 Supplementary leverage ratio 5.5 5.5 5.8 Common equity ratio 7.9 7.9 8.1 Tangible common equity ratio (6) 6.0 6.0 6.2 (1) Return on average tangible common shareholders’ equity and tangible book value per share of common stock are non-GAAP financial measures. We believe the use of ratios that utilize tangible common equity provides additional useful information because they present measures of those assets that can generate income. Tangible book value per common share provides additional useful information about the level of tangible assets in relation to outstanding shares of common stock. See Reconciliations to GAAP Financial Measures on page 19. (2) Ratios do not include loans accounted for under the fair value option. Charge-off ratios are annualized for the quarterly presentation. (3) Balances do not include past due consumer credit card loans, consumer loans secured by real estate where repayments are insured by the Federal Housing Administration and individually insured long-term stand-by agreements (fully-insured home loans), and in general, other consumer and commercial loans not secured by real estate, and nonperforming loans held-for-sale or accounted for under the fair value option. (4) Effective in the fourth quarter of 2025, the Corporation elected to change its accounting methods for certain tax-related equity investments and applied those changes retrospectively through cumulative adjustment to retained earnings. Under applicable bank regulatory rules, the Corporation is not required to revise previously-filed regulatory capital ratios and, accordingly, did not revise regulatory capital information as of September 30, 2025. (5) Regulatory capital ratios at September  30, 2026 are preliminary. Bank of America Corporation reports regulatory capital ratios under both the Standardized and Advanced approaches. Capital adequacy is evaluated against the lower of the Standardized or Advanced approaches compared to their respective regulatory capital ratio requirements. The Corporation’s binding ratio was the Total capital ratio under the Standardized approach at September 30, 2026 and September 30, 2025, and the Tier 1 capital ratio under the Standardized approach at June 30, 2026. (6) Tangible common equity ratio equals period-end tangible common shareholders’ equity divided by period-end tangible assets. Tangible common shareholders’ equity and tangible assets are non-GAAP financial measures. We believe the use of ratios that utilize tangible common equity provides additional useful information because they present measures of those assets that can generate income. See Reconciliations to GAAP Financial Measures on page 19.

Current-period information is preliminary and based on company data available at the time of the presentation. 16 Bank of America Corporation and Subsidiaries Quarterly Results by Business Segment and All Other (Dollars in millions)   Third Quarter 2026 Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 11,572 $ 7,118 $ 6,205 $ 5,867 $ (643) Provision for credit losses 1,045 17 210 3 (6) Noninterest expense 5,833 5,048 3,250 4,195 1,396 Net income (loss) 3,521 1,540 1,990 1,235 (1,353) Return on average allocated capital (1) 31 % 28 % 15 % 9 % n/m Balance Sheet Average Total loans and leases $ 320,953 $ 278,642 $ 418,883 $ 200,645 $ 6,895 Total deposits 948,635 278,937 668,588 38,309 87,614 Allocated capital (1) 45,500 22,250 54,250 53,500 n/m Period end Total loans and leases $ 321,968 $ 283,377 $ 428,146 $ 210,590 $ 7,179 Total deposits 949,142 279,723 683,867 38,449 87,577   Second Quarter 2026   Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 11,336 $ 6,871 $ 6,236 $ 8,022 $ (744) Provision for credit losses 1,160 11 215 (11) (9) Noninterest expense 5,801 4,976 3,199 4,484 167 Net income (loss) 3,281 1,413 2,046 2,626 (292) Return on average allocated capital (1) 29 % 26 % 15 % 20 % n/m Balance Sheet Average Total loans and leases $ 321,056 $ 270,257 $ 413,364 $ 204,994 $ 6,848 Total deposits 956,957 281,593 651,867 38,129 94,404 Allocated capital (1) 45,500 22,250 54,250 53,500 n/m Period end Total loans and leases $ 322,271 $ 276,980 $ 412,294 $ 198,678 $ 7,396 Total deposits 953,195 278,155 662,867 38,146 92,761   Third Quarter 2025   Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 11,166 $ 6,312 $ 6,189 $ 6,225 $ (698) Provision for credit losses 1,009 4 269 9 4 Noninterest expense 5,575 4,622 3,044 3,895 201 Net income (loss) 3,437 1,265 2,085 1,648 (103) Return on average allocated capital (1) 31 % 26 % 16 % 13 % n/m Balance Sheet Average Total loans and leases $ 320,297 $ 245,523 $ 388,482 $ 190,994 $ 7,739 Total deposits 947,414 276,534 631,560 37,588 98,338 Allocated capital (1) 44,000 19,750 50,750 49,000 n/m Period end Total loans and leases $ 321,905 $ 252,986 $ 386,828 $ 196,759 $ 7,422 Total deposits 949,100 278,931 640,801 36,883 96,493 (1) Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate this measure differently. n/m = not meaningful The Company reports the results of operations of its four business segments and All Other on a fully taxable-equivalent (FTE) basis.

Current-period information is preliminary and based on company data available at the time of the presentation. 17 Bank of America Corporation and Subsidiaries Year-to-Date Results by Business Segment and All Other (Dollars in millions)   Nine Months Ended September 30, 2026   Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 33,957 $ 20,701 $ 18,728 $ 20,998 $ (2,110) Provision for credit losses 3,337 30 610 19 (24) Noninterest expense 17,471 14,962 9,672 13,049 1,726 Net income (loss) 9,862 4,282 6,123 5,868 (1,544) Return on average allocated capital (1) 29 % 26 % 15 % 15 % n/m Balance Sheet Average Total loans and leases $ 321,387 $ 270,410 $ 409,825 $ 202,290 $ 6,910 Total deposits 952,126 282,341 656,090 38,725 91,390 Allocated capital (1) 45,500 22,250 54,250 53,500 n/m Period end Total loans and leases $ 321,968 $ 283,377 $ 428,146 $ 210,590 $ 7,179 Total deposits 949,142 279,723 683,867 38,449 87,577   Nine Months Ended September 30, 2025   Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 32,472 $ 18,265 $ 17,870 $ 18,792 $ (2,225) Provision for credit losses 3,583 38 700 59 (13) Noninterest expense 16,968 13,874 9,298 11,512 638 Net income (loss) 8,941 3,265 5,707 5,127 (178) Return on average allocated capital (1) 27 % 22 % 15 % 14 % n/m Balance Sheet Average Total loans and leases $ 318,178 $ 238,457 $ 385,062 $ 175,777 $ 7,819 Total deposits 948,983 279,883 603,591 38,141 104,032 Allocated capital (1) 44,000 19,750 50,750 49,000 n/m Period end Total loans and leases $ 321,905 $ 252,986 $ 386,828 $ 196,759 $ 7,422 Total deposits 949,100 278,931 640,801 36,883 96,493 (1) Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate this measure differently. n/m = not meaningful

Current-period information is preliminary and based on company data available at the time of the presentation. 18 Bank of America Corporation and Subsidiaries Supplemental Financial Data (Dollars in millions) Nine Months Ended September 30 Third Quarter 2026 Second Quarter 2026 Third Quarter 2025FTE basis data (1) 2026 2025 Net interest income $ 48,677 $ 44,790 $ 16,610 $ 16,160 $ 15,387 Total revenue, net of interest expense 92,274 85,174 30,119 31,721 29,194 Net interest yield 2.10 % 1.98 % 2.16 % 2.08 % 2.01 % Efficiency ratio 61.64 61.39 65.48 58.72 59.39 Other Data     September 30 2026 June 30 2026 September 30 2025 Number of financial centers - U.S. 3,531 3,530 3,649 Number of branded ATMs - U.S. 14,965 14,939 14,920 Headcount 209,911 211,304 213,384 (1) FTE basis is a non-GAAP financial measure. FTE basis is a performance measure used by management in operating the business that management believes provides investors with meaningful information on the interest margin for comparative purposes. The Corporation believes that this presentation allows for comparison of amounts from both taxable and tax-exempt sources and is consistent with industry practices. Net interest income includes FTE adjustments of $486 million and $444 million for the nine months ended September 30, 2026 and 2025, $161 million and $163 million for the third and second quarters of 2026, and $154 million for the third quarter of 2025.

Current-period information is preliminary and based on company data available at the time of the presentation. 19 The Corporation evaluates its business using certain non-GAAP financial measures, including pretax, pre-provision income (as defined in Endnote G on page 10) and ratios that utilize tangible common equity and tangible assets, each of which is a non-GAAP financial measure. Tangible common equity represents common shareholders’ equity reduced by goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities (“adjusted” common shareholders’ equity). Return on average tangible common shareholders’ equity measures the Corporation’s net income applicable to common shareholders as a percentage of adjusted average common shareholders’ equity. The tangible common equity ratio represents adjusted ending common shareholders’ equity divided by total tangible assets (total assets less goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities). Tangible book value per common share represents adjusted ending common shareholders’ equity divided by ending common shares outstanding. These measures are used to evaluate the Corporation’s use of equity. In addition, profitability, relationship and investment models all use return on average tangible common shareholders’ equity as key measures to support our overall growth goals. See the tables below for reconciliations of these non-GAAP financial measures to the most directly comparable financial measures defined by GAAP for the nine months ended September 30, 2026 and 2025, and the three months ended September 30, 2026, June 30, 2026 and September 30, 2025. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in understanding its results of operations and trends. Other companies may define or calculate these non-GAAP financial measures differently. Bank of America Corporation and Subsidiaries Reconciliations to GAAP Financial Measures (Dollars in millions, except per share information)   Nine Months Ended September 30 Third Quarter 2026 Second Quarter 2026 Third Quarter 2025  2026 2025 Reconciliation of income before income taxes to pretax, pre-provision income Income before income taxes $ 30,936 $ 28,073 $ 8,967 $ 11,565 $ 10,408 Provision for credit losses 3,972 4,367 1,269 1,366 1,295 Pretax, pre-provision income $ 34,908 $ 32,440 $ 10,236 $ 12,931 $ 11,703 Reconciliation of average common shareholders’ equity to average tangible common shareholders’ equity Common shareholders’ equity $ 276,205 $ 273,274 $ 275,885 $ 275,988 $ 275,149 Goodwill (69,021) (69,021) (69,021) (69,021) (69,021) Intangible assets (excluding mortgage servicing rights) (1,815) (1,893) (1,797) (1,815) (1,873) Related deferred tax liabilities 820 845 815 820 839 Tangible common shareholders’ equity $ 206,189 $ 203,205 $ 205,882 $ 205,972 $ 205,094 Reconciliation of period-end common shareholders’ equity to period-end tangible common shareholders’ equity Common shareholders’ equity $ 271,753 $ 276,445 $ 271,753 $ 276,098 $ 276,445 Goodwill (69,021) (69,021) (69,021) (69,021) (69,021) Intangible assets (excluding mortgage servicing rights) (1,784) (1,860) (1,784) (1,803) (1,860) Related deferred tax liabilities 812 828 812 816 828 Tangible common shareholders’ equity $ 201,760 $ 206,392 $ 201,760 $ 206,090 $ 206,392 Reconciliation of period-end assets to period-end tangible assets Assets $ 3,427,704 $ 3,403,149 $ 3,427,704 $ 3,499,191 $ 3,403,149 Goodwill (69,021) (69,021) (69,021) (69,021) (69,021) Intangible assets (excluding mortgage servicing rights) (1,784) (1,860) (1,784) (1,803) (1,860) Related deferred tax liabilities 812 828 812 816 828 Tangible assets $ 3,357,711 $ 3,333,096 $ 3,357,711 $ 3,429,183 $ 3,333,096 Book value per share of common stock Common shareholders’ equity $ 271,753 $ 276,445 $ 271,753 $ 276,098 $ 276,445 Ending common shares issued and outstanding 6,922.7 7,329.4 6,922.7 7,018.0 7,329.4 Book value per share of common stock $ 39.26 $ 37.72 $ 39.26 $ 39.34 $ 37.72 Tangible book value per share of common stock Tangible common shareholders’ equity $ 201,760 $ 206,392 $ 201,760 $ 206,090 $ 206,392 Ending common shares issued and outstanding 6,922.7 7,329.4 6,922.7 7,018.0 7,329.4 Tangible book value per share of common stock $ 29.14 $ 28.16 $ 29.14 $ 29.37 $ 28.16

Bank of America 3Q26 Financial Results October 14, 2026

Solid client activity • Ending deposits of $2.04T grew 2% vs. 3Q25 • Ending loans and leases of $1.25T grew 7% vs. 3Q25 • GWIM assets under management (AUM) flows of $74B since 3Q25 Note: ROE stands for return on average common shareholders’ equity. ROTCE stands for return on average tangible common shareholders’ equity. GWIM stands for Global Wealth & Investment Management. 1 Diluted earnings per share (EPS). 2 Represents a non-GAAP financial measure. For important presentation information, see slide 29. 3 Represent non-GAAP financial measures. For a reconciliation to the most directly comparable GAAP measures, see note A on slide 26. For important presentation information, see slide 29. 4 Common Equity Tier 1 (CET1) ratio at September 30, 2026, is preliminary. 5 See note B on slide 26 for definition of Global Liquidity Sources (GLS). 3Q26 Highlights 2 Net income Diluted EPS1 Efficiency ratio ROE ROTCE $8.1B3 $1.083 62%3 11.1%3 14.9%3 ($1.2B) ($0.17) +4 pts (1.7 pts) (2.3 pts) 3Q26 results included a $1.2B regulatory settlement charge in noninterest expense, which reduced earnings per diluted share by $0.17 $6.9B $0.91 66% 9.4% 12.6%2 Adjusted Moderated capital markets activity • Investment banking pipelines remain robust • Record year-to-date sales and trading revenue Strong balance sheet and capital return • CET1 ratio of 10.9%4 • Average GLS of $914B5 • Repurchased $6B of common stock Charge impact

Resilient Economic Outlook and Consumer Spend BofA Global Research CPI Inflation Estimates1 3 2026 YTD Credit and Debit3 YoY % Growth Total spend up 7%; transactions up 4% 16% 13% 7% 5% 5% 3%3% 7% 4% 6% 2% 1% $ Volume Transaction # Gas Entertainment Travel Retail Services Food Payment Spend2 and YoY % Growth $4.1T $4.3T $4.5T +4% +5% +5% 2023 2024 2025 BofA Global Research Real GDP Growth Estimates1 1 As of October 2, 2026. E stands for estimate. GDP stands for gross domestic product. CPI stands for consumer price index. 2 Total payments represent payments made from Bank of America accounts using credit card, debit card, ACH, wires, billpay, person-to-person, cash, and checks. 3 Includes consumer and small business credit card portfolios in Consumer Banking and GWIM. 4 Excludes credit and debit money transfers, charitable donations, and miscellaneous categories with immaterial volume. 4 4 2.8% 2.1% 2.1% 2.2% 3.2% 3.5% 3.3% 3.4% U.S. Global 2024 2025 2026E 2027E 3.0% 2.7% 3.3% 2.5% 3.2% 2.5% 3.0% 2.6% U.S. Global 2024 2025 2026E 2027E $3.4T $3.5T +5% +5% 2025 YTD 2026 YTD $ Volume YoY % change

Record YTD sales and trading revenue Record 3Q Equities sales and trading revenue Record 3Q International revenue Grew average loans 5% YoY Added >200K net new Consumer checking accounts; completed 31 consecutive quarters of net growth Opened >1MM new credit card accounts, up 9% YoY1 Consumer investment assets up 14% YoY to $664B;2 4.2MM accounts with $18B flows since 3Q25 15 consecutive quarters of YoY Small Business average loan growth 1 Includes credit cards across Consumer Banking, Small Business, and GWIM. 2 End of period. Consumer investment assets include client brokerage assets, deposit sweep balances, brokered certificates of deposit (CDs), and AUM in Consumer Banking. GWIM client balances include deposits, loans and leases, AUM, brokerage, and other assets. 3 Investment balances include AUM, brokerage, and other assets. 4 Includes net client flows across Merrill, Private Bank, and Consumer Investments. 5 Total Corporation investment banking fees, excluding self-led. Continued Organic Growth in 3Q26 4 Consumer Banking Global Wealth & Investment Management Global Banking Global Markets $6.9T total deposits, loans, and investment balances3 $85B total net wealth continuum client flows since 3Q254 $5.1T client balances,2 up 9% YoY; AUM balances up 12% YoY to $2.4T, with $74B flows since 3Q25 Grew average loans 13% YoY to $279B Added ~5K net new $500K+ relationships across Merrill and Private Bank Opened ~30K new bank accounts; 67% of clients have a banking relationship YTD investment banking fees of $5.8B, up 16% YoY5 Treasury service charges increased 10% YoY Grew average loans 8% YoY; over 6% growth in each business Grew average deposits 6% YoY

• Balance sheet remained strong – Average deposits of $2.02T increased $31B, or 2% – Average loans and leases of $1.23T increased $73B, or 6% – Average Global Liquidity Sources3 of $914B – CET1 capital of $198B – CET1 ratio of 10.9%4 decreased 37 bps vs. 2Q26; well above regulatory minimum – Paid $2.2B in common stock dividends and repurchased $6.0B of common stock • Net income $6.9B; EPS $0.91; ROE 9.4%, ROTCE1 12.6% – Excluding the regulatory settlement charge, adj. net income $8.1B;2 adj. EPS $1.08;2 adj. ROE 11.1%,2 adj. ROTCE 14.9%2 • Revenue, net of interest expense, of $30.0B ($30.1B FTE)1 increased $0.9B, or 3%, reflecting higher net interest income (NII) and asset management fees, as well as lower sales and trading revenue and investment banking fees – NII of $16.4B ($16.6B FTE)1 increased $1.2B, or 8%; net interest yield of 2.16% increased 15 bps – Noninterest income of $13.5B decreased $0.3B, or 2% • Provision for credit losses of $1.3B was relatively flat vs. 3Q25 and declined $0.1B from 2Q26 – Net charge-offs (NCOs) decreased to $1.3B from $1.4B in both 3Q25 and 2Q26 • Noninterest expense of $19.7B; efficiency ratio of 66% – Excluding the regulatory settlement charge, adj. noninterest expense of $18.5B;2 adj. efficiency ratio of 62%2 Note: FTE stands for fully taxable-equivalent basis. 1 Represent non-GAAP financial measures. For important presentation information, see slide 29. 2 Represent non-GAAP financial measures. For a reconciliation to the most directly comparable GAAP measures, see note A on slide 26. For important presentation information, see slide 29. 3 See note B on slide 26 for definition of Global Liquidity Sources. 4 CET1 ratio at September 30, 2026, is preliminary. 3Q26 Highlights (Comparisons to 3Q25, unless otherwise noted) 5

Balance Sheet Metrics 3Q26 2Q26 3Q25 Basel 3 Capital ($B)3,4 3Q26 2Q26 3Q25 Assets ($B) Common equity tier 1 capital $198 $202 $203 Total assets $3,428 $3,499 $3,403 Standardized approach Total loans and leases 1,251 1,218 1,166 Risk-weighted assets (RWA) $1,824 $1,792 $1,751 Cash and cash equivalents 250 230 247 CET1 ratio 10.9 % 11.2 % 11.6 % Total debt securities 842 869 936 Advanced approaches Carried at fair value 346 363 405 Risk-weighted assets $1,650 $1,613 $1,546 Held-to-maturity, at amortized cost 496 506 531 CET1 ratio 12.0 % 12.5 % 13.1 % Supplementary leverage Funding & Liquidity ($B) Supplementary Leverage Ratio 5.5 % 5.5 % 5.8 % Total deposits $2,039 $2,025 $2,002 Long-term debt 319 340 311 Global Liquidity Sources (average)1 914 947 961 Equity ($B) Common shareholders' equity $272 $276 $276 Common equity ratio 7.9 % 7.9 % 8.1 % Tangible common shareholders' equity2 $202 $206 $206 Tangible common equity ratio2 6.0 % 6.0 % 6.2 % Per Share Data Book value per common share $39.26 $39.34 $37.72 Tangible book value per common share2 29.14 29.37 28.16 Common shares outstanding (in billions) 6.92 7.02 7.33 Balance Sheet, Liquidity, and Capital (EOP basis unless noted) 6 • Loans and leases of $1.25T grew $34B, or 3%, vs. 2Q26 • Deposits of $2.04T grew $14B, or 1%, vs. 2Q26 • CET1 ratio of 10.9% decreased 37 bps vs. 2Q263 – CET1 capital of $198B decreased $3B – Standardized RWA of $1.82T increased $32B • Average Global Liquidity Sources of $914B1 • Book value per share of $39.26 improved 4% vs. 3Q25; tangible book value per share of $29.14 improved 3%2 Note: EOP stands for end of period. Amounts may not total due to rounding. 1 See note B on slide 26 for definition of Global Liquidity Sources. 2 Represent non-GAAP financial measures. For important presentation information, see slide 29. 3 Regulatory capital ratios at September 30, 2026, are preliminary. Bank of America Corporation (Corporation) reports regulatory capital ratios under both the Standardized and Advanced approaches. Capital adequacy is evaluated against the lower of the Standardized or Advanced approaches compared to their respective regulatory capital ratio requirements. The Corporation’s binding ratio was the Total capital ratio under the Standardized approach at September 30, 2026 and September 30, 2025, and the Tier 1 capital ratio under the Standardized approach at June 30, 2026. 4 Effective 4Q25, the Corporation elected to change its accounting methods for certain tax-related equity investments and applied those changes retrospectively through cumulative adjustment to retained earnings. Under applicable bank regulatory rules, the Corporation is not required to revise previously-filed regulatory capital ratios and, accordingly, did not revise regulatory capital information as of 3Q25.

$947 $945 $951 $957 $949 472 474 480 489 485 475 471 471 468 464 Low-interest and noninterest checking Other deposits 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $250 $500 $750 $1,000 +3% (2%) Average Deposit Trends YoY +2% Note: Amounts may not total due to rounding. 1 Includes Global Markets and All Other. YoY +0.1% Global Banking Deposits ($B) Consumer Banking Deposits ($B) Total Deposit Rate Paid (bps)Total Deposits ($B) 178 146 149 58 48 51 249 202 207 280 223 227 Total Consumer Banking GWIM Global Banking 3Q25 4Q25 1Q26 2Q26 3Q26 7 $632 $656 $648 $652 $669 148 154 154 153 157 483 502 493 498 512 Noninterest-bearing Interest-bearing 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $200 $400 $600 $800 $1,991 $2,013 $2,017 $2,023 $2,022 947 945 951 957 949 632 656 648 652 669 277 279 287 282 279 136 132 132 133 126 Consumer Banking Global Banking GWIM Other 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $750 $1,500 $2,250 +0.1% +1% +6% +6% +6% YoY +6% 1 (7%)

$473 $478 $480 $483 $488 262 263 263 263 264 101 103 103 104 106 110 113 114 116 118 Home lending Consumer credit card Direct / indirect and other 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $200 $400 $600 +1% +5% +8% Average Loan and Lease Trends YoY +6% YoY +3% Note: Amounts may not total due to rounding. 1 Includes residential mortgage and home equity. 2 Includes auto lending, securities-based lending, and other. Commercial Loans and Leases ($B) Consumer Loans and Leases ($B) Total Loans and Leases by Portfolio ($B)Total Loans and Leases ($B) $473 $478 $480 $483 $488 $680 $692 $709 $733 $738 Consumer Commercial 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $300 $600 $900 8 $680 $692 $709 $733 $738 421 433 443 459 461 154 153 158 165 164 66 67 69 70 7322 22 23 23 24 U.S. commercial Non-U.S. commercial Commercial real estate U.S. small business Commercial lease financing 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $300 $600 $900 $1,153 $1,171 $1,190 $1,217 $1,226 320 323 322 321 321 388 386 397 413 419 246 257 262 270 279 191 198 201 205 201 Consumer Banking Global Banking GWIM Global Markets All Other 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $500 $1,000 $1,500 +0.2% +13% +8% +5% 1 +10% +6% +10% YoY +8% +7% 2

• Net interest income of $16.4B ($16.6B FTE)1 – Increased $1.2B from 3Q25, driven primarily by higher loan and deposit balances, higher NII related to Global Markets (GM) activity, and fixed-rate asset repricing – Increased $0.5B vs. 2Q26, driven primarily by one additional day of interest accrual, fixed-rate asset repricing, higher NII related to GM activity, and loan growth • Net interest yield of 2.16% increased 15 bps from 3Q25 and 8 bps from 2Q26, reflecting higher NII and a more efficient balance sheet – Excluding GM, net interest yield of 2.65%1 increased 17 bps vs. 3Q25 and 8 bps vs. 2Q26 • Estimated impact to NII relative to the baseline forecast over the next 12 months from parallel shift of the September 30, 2026 forward interest rate yield curve:2 – +100 bps above curve: +$1.4B higher NII – -100 bps below curve: ($1.9B) lower NII Net Interest Income (FTE, $B)1 Net Interest Income Note: Amounts may not total due to rounding. 1 Represent non-GAAP financial measures. Net interest yield adjusted to exclude Global Markets NII of $2.0B, $1.9B, $1.9B, $1.8B, and $1.5B and average earning assets of $869.4B, $885.9B, $874.3B, $820.3B, and $813.2B for 3Q26, 2Q26, 1Q26, 4Q25, and 3Q25, respectively. The Corporation believes the presentation of NII and net interest yield excluding Global Markets provides investors with transparency of NII and net interest yield in core banking activities. For important presentation information, see slide 29. 2 As of September 30, 2026. NII asset sensitivity represents banking book positions using behavioral deposit changes. See note C on slide 26 for information on asset sensitivity assumptions. Net Interest Yield (FTE) 2.01% 2.08% 2.07% 2.08% 2.16% 2.48% 2.54% 2.55% 2.57% 2.65% Reported net interest yield Net interest yield excl. GM 3Q25 4Q25 1Q26 2Q26 3Q26 1.50% 2.00% 2.50% 3.00% $15.4 $15.9 $15.9 $16.2 $16.6 $15.2 $15.8 $15.7 $16.0 $16.4 Net interest income (GAAP) FTE adjustment 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $6.0 $12.0 $18.0 9 Net Interest Income Mix (FTE, $B)1 $15.4 $15.9 $15.9 $16.2 $16.6 $13.9 $14.2 $14.0 $14.2 $14.6 NII excl. GM GM NII 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $6.0 $12.0 $18.0 1

• 3Q26 noninterest expense of $19.7B included a $1.2B regulatory settlement charge and increased $2.4B vs. 3Q25 and $1.1B vs. 2Q26 • Excluding the regulatory settlement charge, adjusted noninterest expense of $18.5B1 • Increased $1.2B, or 7%,1 from 3Q25, driven by revenue-related expenses and investments in technology and brand • Declined $0.1B, or 1%,1 from 2Q26, driven by lower revenue-related expenses and lower marketing costs, partially offset by investments in technology $17.3 $17.4 $18.5 $18.6 $19.7 10.5 10.6 11.3 11.0 11.0 $6.8 6.8 7.2 7.6 7.5 Compensation and benefits Other Regulatory settlement charge 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $10.0 $20.0 60% 61% 61% 59% 62% 66% 3Q25 4Q25 1Q26 2Q26 3Q26 50% 60% 70% Total Noninterest Expense ($B) Efficiency Ratio Expense and Efficiency 10 Note: Amounts may not total due to rounding. 1 Represent non-GAAP financial measures. For more information and reconciliations to the most directly comparable GAAP measures, see note A on slide 26. For important presentation information, see slide 29. 1.2 $18.51 1

Asset Quality 1 Net charge-off ratio is calculated as annualized net charge-offs divided by average outstanding loans and leases during the period. Excludes loans measured at fair value. 2 For more information on reserve build (release), see note D on slide 26. 3 Allowance for loan and lease losses ratio is calculated as allowance for loan and lease losses divided by loans and leases outstanding at the end of the period. Excludes loans measured at fair value. 4 Reservable criticized utilized exposure rate is calculated as reservable criticized utilized exposure divided by reservable utilized exposure at the end of the period. Excludes loans measured at fair value. Provision for Credit Losses ($MM) Net Charge-offs ($MM) $1,295 $1,308 $1,337 $1,366 $1,269 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $500 $1,000 $1,500 $2,000 $1,367 $1,287 $1,409 $1,412 $1,349 0.47% 0.44% 0.48% 0.47% 0.44% Net charge-offs Net charge-off ratio 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $500 $1,000 $1,500 $2,000 0.00% 0.25% 0.50% 0.75% 1.00% 11 • Total net charge-offs of $1.3B vs. $1.4B in both 3Q25 and 2Q26 – Consumer net charge-offs of $997MM were relatively flat vs. 3Q25 and declined $43MM from 2Q26 ▪ Credit card charge-off rate of 3.22% in 3Q26; charge-off rate and both early- and late-stage delinquencies improved vs. 3Q25 – Commercial net charge-offs of $352MM declined $37MM vs. 3Q25 and $20MM vs. 2Q26 – Net charge-off ratio of 0.44% vs. 0.47% in both 3Q25 and 2Q261 • Provision for credit losses of $1.3B was relatively flat vs. 3Q25 and declined $0.1B from 2Q26 • Net reserve release of $80MM in 3Q26 vs. $72MM in 3Q25 and $46MM in 2Q262 • Allowance for loan and lease losses of $13.0B represented 1.04% of total loans and leases3 – Allowance for credit losses of $14.2B included $1.2B for unfunded commitments • Nonperforming loans and leases of $5.5B increased $0.2B from 3Q25 and decreased $0.2B from 2Q26 • Commercial reservable criticized utilized exposure of $19.9B declined $6.4B vs. 3Q25 and $2.2B vs. 2Q26 – Reservable criticized utilized exposure rate of 2.49%;4 lowest since 4Q19 1

Commercial Net Charge-offs ($MM) Consumer Net Charge-offs ($MM) Asset Quality – Consumer and Commercial Portfolios $389 $295 $350 $372 $352 0.23% 0.17% 0.20% 0.20% 0.19% Small business C&I Commercial real estate Commercial NCO ratio 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $200 $400 $600 0.00% 0.20% 0.40% 0.60% $978 $992 $1,059 $1,040 $997 0.82% 0.82% 0.89% 0.86% 0.81% Credit card Other Consumer NCO ratio 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $400 $800 $1,200 0.00% 0.50% 1.00% 1.50% Commercial Metrics ($MM) 3Q26 2Q26 3Q25 Provision $346 $357 $437 Reservable criticized utilized exposure 19,906 22,074 26,332 Nonperforming loans and leases 2,934 3,161 2,816 % of loans and leases1 0.39 % 0.43 % 0.41 % Allowance for loans and leases $4,835 $4,868 $4,800 % of loans and leases1 0.64 % 0.67 % 0.70 % Commercial excl. small business NCOs $220 $235 $255 % of loans and leases1 0.12 % 0.13 % 0.16 % Consumer Metrics ($MM) 3Q26 2Q26 3Q25 Provision $923 $1,009 $858 Nonperforming loans and leases 2,610 2,590 2,531 % of loans and leases1 0.53 % 0.53 % 0.53 % Consumer 30+ days performing past due $4,584 $4,498 $4,494 Fully-insured2 415 420 439 Non-fully-insured 4,169 4,078 4,055 Consumer 90+ days performing past due 1,431 1,461 1,470 Allowance for loans and leases 8,170 8,246 8,452 % of loans and leases1 1.66 % 1.69 % 1.78 % # times annualized NCOs 2.07 x 1.98 x 2.18 x 12 3 Note: Amounts may not total due to rounding. 1 Excludes loans measured at fair value. 2 Fully-insured loans are FHA-insured loans and other loans individually insured under long-term standby agreements. 3 C&I includes commercial and industrial and commercial lease financing.

Consumer Banking 1 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note E on slide 26. For important presentation information, see slide 29. 2 Cost of deposits calculated as annualized noninterest expense as a percentage of total average deposits within the Deposits sub-segment. 3 End of period. Consumer investment assets include client brokerage assets, deposit sweep balances, brokered certificates of deposit (CDs), and AUM in Consumer Banking. 4 Includes consumer credit card portfolios in Consumer Banking and GWIM. 5 Represents the percentage of consumer checking accounts that are estimated to be the customer’s primary account based on multiple relationship factors (e.g., linked to their direct deposit). 6 Clients enrolled in BofA Rewards include legacy Preferred Rewards clients and new enrollments since launch of BofA Rewards on May 27, 2026. New client enrollment as of September 30, 2026, is preliminary and includes clients in Consumer and GWIM. 7 As of August 2026. Represents households with consumer bank login activities in a 90-day period. Inc / (Dec) Summary Income Statement ($MM) 3Q26 2Q26 3Q25 Total revenue, net of interest expense $11,572 $236 $406 Provision for credit losses 1,045 (115) 36 Noninterest expense 5,833 32 258 Pretax income 4,694 319 112 Pretax, pre-provision income1 5,739 204 148 Income tax expense 1,173 79 28 Net income $3,521 $240 $84 Key Indicators ($B) 3Q26 2Q26 3Q25 Average deposits $948.6 $957.0 $947.4 Rate paid on deposits 0.51 % 0.48 % 0.58 % Cost of deposits2 1.51 1.50 1.46 Average loans and leases $321.0 $321.1 $320.3 Net charge-off ratio 1.41 % 1.48 % 1.39 % Net charge-offs ($MM) $1,139 $1,183 $1,122 Reserve build (release) ($MM) (94) (23) (113) Consumer investment assets3 664.4 639.5 580.4 Active mobile banking users (MM) 42.6 42.1 41.3 % Consumer sales through digital channels 71 % 70 % 66 % Number of financial centers 3,531 3,530 3,649 Combined credit / debit purchase volumes4 $265.7 $266.1 $245.2 Total consumer credit card risk-adjusted margin4 6.74 % 6.47 % 7.48 % Return on average allocated capital (ROAC) 31 29 31 Allocated capital $45.5 $45.5 $44.0 Efficiency ratio 50 % 51 % 50 % 13 • Net income $3.5B; ROAC 31% • Revenue of $11.6B increased 4% from 3Q25, driven primarily by higher net interest income • Provision for credit losses of $1.0B increased $36MM vs. 3Q25 – Net reserve release of $94MM vs. $113MM in 3Q25 – Net charge-offs of $1.1B were relatively flat vs. 3Q25 • Noninterest expense of $5.8B increased 5% from 3Q25, driven by investments in technology and brand – Efficiency ratio 50% • Average deposits of $949B increased $1B from 3Q25 – 59% of deposits in checking accounts; 92% are primary accounts5 – Added >200K net new consumer checking accounts in 3Q26 • Average loans and leases of $321B increased $1B from 3Q25 – Average credit card loans of $106B increased $5B, or 5%, vs. 3Q254 • Combined credit / debit card spend of $266B increased 8% from 3Q254 • Consumer investment assets of $664B grew $84B, or 14%, vs. 3Q25,3 driven by higher market valuations and $18B of net client flows from new and existing clients • 17.6MM clients enrolled in BofA Rewards; ~4MM new enrollments in 3Q266 • 80% of households digitally active7

• Net income $1.5B; ROAC 28% • Revenue of $7.1B increased 13% from 3Q25, driven by higher asset management fees, reflecting higher market valuations, strong AUM flows, and higher net interest income • Noninterest expense of $5.0B increased 9% from 3Q25, driven primarily by revenue-related incentives – Pretax margin improved to 29% • Client balances of $5.1T increased 9% vs. 3Q25, driven by higher market valuations and strong AUM flows – AUM flows of $20B in 3Q26; $74B since 3Q25 • 67% of clients have a deposit or lending relationship – Average deposits of $279B increased $2B, or 1%, vs. 3Q25 – Average loans and leases of $279B increased $33B, or 13%, from 3Q25 • Added ~5K net new $500K+ relationships across Merrill and Private Bank in 3Q26 • 87% of GWIM households / relationships digitally active across the enterprise2 Global Wealth & Investment Management 1 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note E on slide 26. For important presentation information, see slide 29. 2 Represents GWIM relationships with login activities in a 90-day period. Merrill includes households with $250K+ in investable assets, excluding stock plan and banking-only households. Private Bank includes relationships with $3MM+ in total balances; includes third-party activities and excludes irrevocable trust-only, institutional philanthropic, and exiting relationships. Private Bank as of August 2026. Inc / (Dec) Summary Income Statement ($MM) 3Q26 2Q26 3Q25 Total revenue, net of interest expense $7,118 $247 $806 Provision for credit losses 17 6 13 Noninterest expense 5,048 72 426 Pretax income 2,053 169 367 Pretax, pre-provision income1 2,070 175 380 Income tax expense 513 42 92 Net income $1,540 $127 $275 Key Indicators ($B) 3Q26 2Q26 3Q25 Average deposits $278.9 $281.6 $276.5 Rate paid on deposits 2.07 % 2.02 % 2.49 % Average loans and leases $278.6 $270.3 $245.5 Net charge-off ratio 0.02 % 0.01 % 0.01 % Net charge-offs ($MM) $13 $9 $8 Reserve build (release) ($MM) 4 2 (4) AUM flows 20.0 13.7 23.5 Pretax margin 29 % 27 % 27 % Return on average allocated capital (ROAC) 28 26 26 Allocated capital $22.3 $22.3 $19.8 14

Global Banking 1 Global Banking and Global Markets share in certain deal economics from investment banking, loan origination activities, and sales and trading activities. 2 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note E on slide 26. For important presentation information, see slide 29. Inc / (Dec) Summary Income Statement ($MM) 3Q26 2Q26 3Q25 Total revenue, net of interest expense1 $6,205 ($31) $16 Provision for credit losses 210 (5) (59) Noninterest expense 3,250 51 206 Pretax income 2,745 (77) (131) Pretax, pre-provision income2 2,955 (82) (190) Income tax expense 755 (21) (36) Net income $1,990 ($56) ($95) Selected Revenue Items ($MM) 3Q26 2Q26 3Q25 Total Corporation IB fees (excl. self-led)1 $1,799 $2,138 $2,013 Global Banking IB fees1 971 1,154 1,155 Business Lending revenue 2,179 2,061 2,236 Global Transaction Services revenue 3,040 2,920 2,739 Key Indicators ($B) 3Q26 2Q26 3Q25 Average deposits $668.6 $651.9 $631.6 Average loans and leases 418.9 413.4 388.5 Net charge-off ratio 0.20 % 0.23 % 0.26 % Net charge-offs ($MM) $209 $231 $250 Reserve build (release) ($MM) 1 (16) 19 Return on average allocated capital (ROAC) 15 % 15 % 16 % Allocated capital $54.3 $54.3 $50.8 Efficiency ratio 52 % 51 % 49 % 15 • Net income $2.0B; ROAC 15% • Revenue of $6.2B was relatively flat vs. 3Q25, as higher net interest income and treasury service charges were offset by lower investment banking fees – Total Corporation investment banking (IB) fees (excl. self-led) of $1.8B decreased 11% vs. 3Q25 – Treasury service charges increased 10% vs. 3Q25 • Provision for credit losses of $210MM vs. $269MM in 3Q25 – Net charge-offs of $209MM decreased $41MM vs. 3Q25 – Net reserve build of $1MM vs. $19MM in 3Q25 • Noninterest expense of $3.3B increased 7% vs. 3Q25, driven by investments in the business, including people and technology – Efficiency ratio 52% • Average deposits of $669B increased $37B, or 6%, from 3Q25 • Average loans and leases of $419B increased $30B, or 8%, from 3Q25

Global Markets1 1 The explanations for current period-over-period changes for Global Markets are the same for amounts including and excluding net DVA. 2 Global Banking and Global Markets share in certain deal economics from investment banking, loan origination activities, and sales and trading activities. 3 Represent non-GAAP financial measures. Reported fixed income, currencies, and commodities (FICC) sales and trading revenue was $2.6B, $3.5B, and $3.1B for 3Q26, 2Q26, and 3Q25, respectively. Reported Equities sales and trading revenue was $2.5B, $3.6B, and $2.3B for 3Q26, 2Q26, and 3Q25, respectively. See note F on slide 26 and slide 29 for important presentation information. 4 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note E on slide 26. For important presentation information, see slide 29. 5 See note G on slide 26 for the definition of VaR. Inc / (Dec) Summary Income Statement ($MM) 3Q26 2Q26 3Q25 Total revenue, net of interest expense2 $5,867 ($2,155) ($358) Net DVA 20 77 6 Total revenue (excl. net DVA)2,3 5,847 (2,232) (364) Provision (benefit) for credit losses 3 14 (6) Noninterest expense 4,195 (289) 300 Pretax income 1,669 (1,880) (652) Pretax, pre-provision income4 1,672 (1,866) (658) Income tax expense 434 (489) (239) Net income $1,235 ($1,391) ($413) Net income (excl. net DVA)3 $1,220 ($1,449) ($417) Selected Revenue Items ($MM)2 3Q26 2Q26 3Q25 Sales and trading revenue $5,075 $7,098 $5,362 Sales and trading revenue (excl. net DVA)3 5,055 7,155 5,348 FICC (excl. net DVA)3 2,548 3,536 3,078 Equities (excl. net DVA)3 2,507 3,619 2,270 Global Markets IB fees 767 965 834 Key Indicators ($B) 3Q26 2Q26 3Q25 Average total assets $1,091.8 $1,120.5 $1,024.3 Average trading-related assets 729.3 746.9 676.6 Average 99% VaR ($MM)5 51 49 66 Average loans and leases 200.6 205.0 191.0 Net charge-offs ($MM) — — (1) Reserve build (release) ($MM) 3 (11) 10 Return on average allocated capital (ROAC) 9 % 20 % 13 % Allocated capital $53.5 $53.5 $49.0 Efficiency ratio 72 % 56 % 63 % 16 • Net income $1.2B; ROAC 9% • Revenue of $5.9B decreased 6% from 3Q25, driven by lower sales and trading revenue and investment banking fees • Sales and trading revenue of $5.1B decreased 5% from 3Q25 (incl. and excl. net DVA)3 – FICC revenue decreased 17% to $2.6B ($2.5B excl. net DVA),3 driven primarily by mortgages, municipals, and credit – Equities revenue increased 11% to $2.5B (excl. net DVA, up 10%),3 driven by increased client financing activity, particularly in Asia and the U.S. • Noninterest expense of $4.2B increased 8% vs. 3Q25, driven by higher revenue-related expenses and investments in the business, including people and technology – Efficiency ratio 72% • Average VaR of $51MM in 3Q265

• Net loss of $1.4B included a non-tax-deductible regulatory settlement charge of $1.2B – Excluding the regulatory settlement charge, the adjusted net loss was $153MM3 • The Corporation’s effective tax rate (ETR) for 3Q26 was approximately 23% – Excluding the non-tax-deductible regulatory settlement charge, the adjusted ETR was approximately 20%4 All Other1 1 All Other primarily consists of asset and liability management (ALM) activities, liquidating businesses, and certain expenses not otherwise allocated to a business segment. ALM activities encompass interest rate and foreign currency risk management activities for which substantially all of the results are allocated to our business segments. 2 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note E on slide 26. For important presentation information, see slide 29. 3 Adjusted net loss of $153MM for 3Q26 represents a non-GAAP financial measure and is calculated as reported net loss of $1.4B less the non-tax-deductible regulatory settlement charge of $1.2B. For more information, see note A on slide 26. For important presentation information, see slide 29. 4 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP measure, see note A on slide 26. For important presentation information, see slide 29. Inc / (Dec) Summary Income Statement ($MM) 3Q26 2Q26 3Q25 Total revenue, net of interest expense ($643) $101 $55 Provision (benefit) for credit losses (6) 3 (10) Noninterest expense 1,396 1,229 1,195 Pretax income (loss) (2,033) (1,131) (1,130) Pretax, pre-provision income (loss)2 (2,039) (1,128) (1,140) Income tax expense (benefit) (680) (70) 120 Net income (loss) ($1,353) ($1,061) ($1,250) 17

Supplemental Business Segment Trends

Total Expense ($B) and Efficiency Total Revenue ($B) Average Deposits ($B) Consumer Investment Assets ($B)2 and Accounts (MM) Average Loans and Leases ($B) Consumer Banking Trends Note: Amounts may not total due to rounding. 1 See slide 27 for business leadership sources. 2 End of period. Consumer investment assets include client brokerage assets, deposit sweep balances, brokered CDs, and AUM in Consumer Banking. $11.2 $11.2 $11.0 $11.3 $11.6 9.0 9.1 9.0 9.2 9.4 2.2 2.1 2.1 2.1 2.1 Net interest income Noninterest income 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $4.0 $8.0 $12.0 $5.6 $5.7 $5.8 $5.8 $5.8 50% 51% 53% 51% 50% Noninterest expense Efficiency ratio 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $2.0 $4.0 $6.0 40% 50% 60% 70% $947 $945 $951 $957 $949 472 474 480 489 485 475 471 471 468 464 Low-interest and noninterest checking Other deposits 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $400 $800 $1,200 $320 $323 $322 $321 $321 117 117 116 116 115 97 99 100 100 102 57 57 56 55 52 22 23 23 23 23 27 27 27 27 29 Residential mortgage Consumer credit card Vehicle lending Home equity Small business / other 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $125 $250 $375 19 $580 $599 $573 $640 $664 4.1 4.1 4.2 4.2 4.2 Assets Accounts 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $250 $500 $750 3.5 4.0 4.5 5.0 Business Leadership1 • No. 1 in U.S. Consumer Deposits(A) • No. 1 Small Business Lender(A) • No. 1 in Retail Banking Advice Satisfaction(B) • World's Best Banks 2026: North America - Best in the U.S.(C) • Merrill Edge Self-Directed No. 1 for Bank Brokerage(D)

Erica® Active Users and Interactions6 Zelle® vs. Cash and Checks (MM) Digitally-Enabled Sales5Digital Users2 and Households3 Client Digital Interactions (B)4 1,503 1,809 2,026 2,341 46% 54% 66% 71% Digital unit sales (K) Digital as a % of total sales 3Q23 3Q24 3Q25 3Q26 0 600 1,200 1,800 2,400 0% 25% 50% 75% 100% 2.7 3.0 3.4 3.43.2 3.6 4.2 4.2 Alerts sent Digital logins 3Q23 3Q24 3Q25 3Q26 1.0 2.0 3.0 4.0 5.0 46 48 49 50 57 58 59 60 74% 77% 79% 80% Active users (MM) Verified users (MM) Household adoption % 3Q23 3Q24 3Q25 3Q26 0 25 50 75 40% 60% 80% 100% Client Engagement Person-to-Person Payments (Zelle®)7 Digital Volumes 323 400 459 500 $97 $121 $143 $164 Transactions (MM) Volume ($B) 3Q23 3Q24 3Q25 3Q26 0 250 500 $0 $100 $200 Consumer Digital Update1 1 Includes all households / relationships with consumer platform activity, except where otherwise noted. 2 Digital active users represents Consumer and Merrill mobile and / or online 90-day active users. Verified users represents Consumer and Merrill users with a digital identification and password. 3 Household adoption represents households with consumer bank login activities in a 90-day period, as of August for each quarter presented. 4 Digital logins represents the total number of desktop and mobile banking sessions on the consumer banking platform. Alerts are digital communications sent to clients via SMS, push, and email notifications. 5 Digitally-enabled sales represent sales initiated and / or booked via our digital platforms. 6 Erica engagement represents mobile and online activity across client-facing platforms powered by Erica. 7 Includes Bank of America person-to-person payments sent and received through e-mail or mobile identification. Zelle® users represent 90-day active users. 21.0 23.2 24.7 25.7 users (MM) 20 Digital Adoption 170 166 175 191 Erica® interactions (MM) 3Q23 3Q24 3Q25 3Q26 0 100 200 228 218 205 187 208 256 289 310 Zelle® sent transactions Cash withdrawn & checks written 3Q23 3Q24 3Q25 3Q26 150 200 250 300 350 1.7x 18.7 19.7 20.4 24.2 users (MM)

Note: Amounts may not total due to rounding. 1 See slide 27 for business leadership sources. 2 Includes Preferred deposits, other non-sweep Merrill bank deposits, and Private Bank deposits. 3 End of period. Loans and leases includes margin receivables which are classified in customer and other receivables on the Consolidated Balance Sheet. Managed deposits in investment accounts of $44B, $45B, $44B, $48B, and $44B for 3Q26, 2Q26, 1Q26, 4Q25, and 3Q25, respectively, are included in both AUM and Deposits. Total client balances only include these balances once. Average Deposits ($B) Global Wealth & Investment Management Trends Business Leadership1 • 19 Merrill advisors on Barron's 2026 Top 100 Women Financial Advisors • >300 Merrill advisors on Barron's 2026 Top 1,500 Financial Advisors • 24 Merrill advisors on Financial Planning's 2026 Top 40 Brokers Under 40 • No. 1 in Managed Personal Trust AUM(A) • Best National Private Bank(E) • No. 1 Outsourcing Manager of Endowment and Foundation Assets(F) • Merrill Recognized by WealthManagement.com for Practice Management(G) Average Loans and Leases ($B) Total Revenue ($B) Client Balances ($B)3 $6.3 $6.6 $6.7 $6.9 $7.1 1.8 1.9 1.9 1.9 2.0 3.9 4.1 4.2 4.4 4.5 0.6 0.6 0.6 0.6 0.6 Net interest income Asset management fees Brokerage / other 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $2.5 $5.0 $7.5 2,110 2,178 2,116 2,328 2,371 2,041 2,068 1,947 2,094 2,164 279 290 288 278 280255 264 267 280 286$4,641 $4,751 $4,572 $4,934 $5,057 AUM Brokerage / other Deposits Loans and leases 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $2,000 $4,000 $6,000 $246 $257 $262 $270 $279 112 113 114 115 116 54 57 59 62 66 76 84 86 89 93 Home lending Securities-based lending Custom lending Credit card 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $100 $200 $300$277 $279 $287 $282 $279 203 204 207 205 203 74 76 79 77 76 Sweep deposits Bank deposits 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $100 $200 $300 21 2

Erica® Interactions (MM)3 Person-to-Person Payments (Zelle®)4 Check Deposits5 eDelivery2Digital Households / Relationships Digital Channel Adoption 78% 80% 83% 85% 3Q23 3Q24 3Q25 3Q26 0% 25% 50% 75% 100% 60% 62% 65% 67% 76% 76% 76% 77% Mobile adoption Online adoption 3Q23 3Q24 3Q25 3Q26 0% 25% 50% 75% 100% 716 741 760 767 83% 84% 86% 87% Digital households / relationships (K) Digital adoption % 3Q23 3Q24 3Q25 3Q26 400 500 600 700 800 60% 70% 80% 90% 100% Client Engagement Digital Volumes Global Wealth & Investment Management Digital Update 22 Digital Adoption1 Note: Amounts may not total due to rounding. Unless noted, Merrill includes households with $250K+ in investable assets, excluding stock plan and banking-only households. Private Bank includes relationships with $3MM+ in total balances; includes third-party activities and excludes irrevocable trust-only, institutional philanthropic, and exiting relationships. 1 Digital adoption represents GWIM relationships with login activities in a 90-day period. Private Bank as of August for each quarter presented. 2 Percentage of relationships receiving statements electronically. Merrill excludes households with only retirement or 529 accounts. Merrill as of August for 3Q23 and 3Q24. Private Bank as of August for each quarter presented. 3 Mobile and online activity across client-facing platforms powered by Erica. 4 Bank of America person-to-person payments sent and received through e-mail or mobile identification. 5 Digital check deposits includes mobile check deposits and remote deposits operations. Private Bank as of August for each quarter presented. 2.7 3.0 3.4 3.8 3Q23 3Q24 3Q25 3Q26 0.0 1.0 2.0 3.0 4.0 3.2 4.1 4.9 5.7 $2.0 $2.5 $3.1 $3.9 Transactions (MM) Volume ($B) 3Q23 3Q24 3Q25 3Q26 0.0 2.0 4.0 6.0 $0.0 $2.0 $4.0 $6.0 66% 68% 69% 69% 8% 8% 7% 7% 26% 25% 24% 24% Digital ATM Physical 3Q23 3Q24 3Q25 3Q26 0% 25% 50% 75% 100%

Global Banking Trends Note: Amounts may not total due to rounding. 1 See slide 27 for business leadership sources. 2 Global Banking and Global Markets share in certain deal economics from investment banking, loan origination activities, and sales and trading activities. 3 Total Corporation IB fees excludes self-led deals. Self-led deals of $25MM, $68MM, $51MM, $31MM, and $41MM for 3Q26, 2Q26, 1Q26, 4Q25, and 3Q25, respectively, are embedded within Debt, Equity, and Advisory. 4 Advisory includes fees on debt and equity advisory and mergers and acquisitions. Average Deposits ($B)Business Leadership1 • No. 1 in Overall Leadership in Digital Channels (tied), fourth consecutive year(H) • North America’s Most Innovative Bank(C) • World’s Best Bank for Small to Medium- sized Enterprises(I) • Best Solution Innovation in AI(J) • Best Global Bank for Transaction Banking(C) • Best Global Supply Chain Finance Bank(K) • Share Leader and Best Bank Award for U.S. Corporate Banking & Cash Management(L) • Relationships with 78% of the Global Fortune 500; 96% of the U.S. Fortune 1,000 (2026) Average Loans and Leases ($B) Total Revenue ($B)2 Total Corporation Investment Banking Fees ($MM)3 $6.2 $6.2 $6.3 $6.2 $6.2 3.1 3.2 3.2 3.2 3.3 1.2 1.0 1.0 1.2 1.0 0.9 0.9 0.9 0.9 0.9 1.0 1.1 1.1 1.0 1.0 Net interest income IB fees Service charges All other income 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $2.5 $5.0 $7.5 1,109 810 986 1,113 958 362 297 353 535 395 583 590 553 558 471 $2,013 $1,666 $1,841 $2,138 $1,799 Debt Equity Advisory 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $750 $1,500 $2,250 200 199 202 211 212 176 175 183 190 193 $388 $386 $397 $413 $419 Commercial Corporate Business Banking 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $250 $500 4 $632 $656 $648 $652 $669 Noninterest-bearing Interest-bearing 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $250 $500 $750 23 23% 23% 24% 24% 23% 77% 77% 76% 76% 77%

1 Relationship client adoption is the percentage of relationship clients digitally active. Digital active clients represents 90-day active clients across CashPro and BA360 platforms. Data as of August for each quarter presented. Relationship clients defined as clients meeting revenue threshold for Global Commercial Banking and Business Banking, and all clients in Global Corporate and Investment Banking. 2 Includes CashPro, BA360, and Global Card Access. BA360 as of August for each quarter presented. 3 Erica technology integrated into CashPro Chat starting in August 2023. 4 Includes CashPro alert volume, CashPro online reports and statements scheduled, BA360 90-day Erica insights and alerts, and Global Card Access alert volume for online and mobile. BA360 as of August for each quarter presented. 5 Percent of U.S. Dollar Investment Grade Debt investor bond orders received and fully processed digitally for Global Capital Markets primary issuances. Capital Markets Digital Bond Orders5 Erica® Interactions on CashPro® Chat (K)3 Proactive Alerts and Insights (MM)4 17% 33% 42% 64% 3Q23 3Q24 3Q25 3Q26 0% 25% 50% 75% 20.7 23.1 25.0 27.4 3Q23 3Q24 3Q25 3Q26 0.0 10.0 20.0 30.0 21.9 32.5 39.2 41.1 3Q23 3Q24 3Q25 3Q26 0.0 15.0 30.0 45.0 CashPro® App PaymentsRelationship Client Adoption1 Mobile App Sign-ins (K)2 $192 $283 $299 $358 3.6 4.3 4.7 5.2 Value ($B) Volume (MM) 3Q23 3Q24 3Q25 3Q26 $0 $100 $200 $300 $400 0.0 2.0 4.0 6.0 8.0 1,629 2,042 2,442 2,975 3Q23 3Q24 3Q25 3Q26 0 800 1,600 2,400 3,20087% 86% 86% 3Q24 3Q25 3Q26 0% 25% 50% 75% 100% Client Engagement Digital Volumes Global Banking Digital Update 24 Digital Adoption

Note: Amounts may not total due to rounding. S&T stands for sales and trading. 1 See slide 27 for business leadership sources. 2 Represents a non-GAAP financial measure. 2026 YTD Global Markets revenue was $21.0B, both including and excluding net DVA. Reported Global Markets revenue mix was the same including and excluding net DVA. Reported FICC S&T revenue mix was 42% credit / other and 58% macro. Reported S&T revenue was $18.6B, $16.4B, $14.7B, and $13.8B for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Reported FICC S&T revenue was $9.6B, $9.8B, $8.9B, and $8.8B for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Reported Equities S&T revenue was $9.0B, $6.6B, $5.8B, and $4.9B for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. See note F on slide 26 and slide 29 for important presentation information. 3 Macro includes currencies, interest rates, and commodities products. 4 See note G on slide 26 for definition of VaR. Global Markets Trends and Revenue Mix 2026 YTD Global Markets Revenue Mix (excl. net DVA)2 Business Leadership1 • Global Derivatives House of the Year(M) • CLO Bank of the Year(M) • Securitization Bank of the Year(M) • Commodity Derivatives House of the Year(N) • Europe & Asia FX Derivatives House of the Year(M) • Best Equities Trading Desk(O) • Best House, Interest Rates(P) • No. 1 Municipal Bonds Underwriter(Q) • No. 2 Top Global Research Firm(R) 2026 YTD Total FICC S&T Revenue Mix (excl. net DVA)2 Total Sales and Trading Revenue (excl. net DVA) ($B)2 Average Trading-Related Assets ($B) and VaR ($MM)4 $13.9 $14.8 $16.4 $18.5 8.9 9.0 9.8 9.6 4.9 5.8 6.6 9.0 FICC Equities 2023 YTD 2024 YTD 2025 YTD 2026 YTD $0.0 $10.0 $20.0 $619 $638 $682 $735 $76 $67 $80 $49 Avg. trading-related assets Avg. VaR 2023 YTD 2024 YTD 2025 YTD 2026 YTD $0 $400 $800 $0 $100 $200 54% 46% U.S. International 41% 59% Credit / Other Macro 25 3

Notes 26 1 Calculated as net income applicable to common shareholders divided by average diluted common shares of 7,222MM. 2 Calculated as net income applicable to common shareholders divided by average common shareholders’ equity of $276B. 3 Calculated as net income applicable to common shareholders divided by average tangible common shareholders’ equity of $206B. Return on average tangible common shareholders’ equity and average tangible common shareholders’ equity represent non-GAAP financial measures. For important presentation information on non-GAAP measures, see slide 29. 4 Calculated as noninterest expense divided by revenue, net of interest expense, of $30.0B. 5 Calculated as income tax expense of $2.0B divided by pretax income. A On October 13, 2026, the Office of the Comptroller of the Currency and the Financial Crime Enforcement Network (FinCEN) announced that the Corporation consented to orders related to certain aspects of its U.S. Bank Secrecy Act and Anti-Money Laundering and Economic Sanctions Compliance Programs. As a result, for 3Q26, the Corporation recorded non-tax-deductible noninterest expense of $1.2B to accrue for the civil money penalties resulting from the regulatory consent orders (Regulatory Settlement Charge). The Corporation believes that the presentation of the following non-GAAP financial measures, which exclude the impact of the Regulatory Settlement Charge (labeled as “3Q26 Adjusted” in the table below), provides useful information to investors because management uses them, together with GAAP results, to assess the Corporation's operating performance. Management believes these measures provide additional insight into underlying business performance and operating trends and facilitate period-to-period comparisons. These measures should be considered in addition to, and not as a substitute for, the most directly comparable GAAP financial measures. B Global Liquidity Sources (GLS) include cash and high-quality, liquid, unencumbered securities, inclusive of U.S. government securities, U.S. agency securities, U.S. agency MBS, and a select group of non-U.S. government and supranational securities, and other investment-grade securities, and are readily available to meet funding requirements as they arise. Transfers of liquidity among legal entities may be subject to certain regulatory and other restrictions. C Interest rate sensitivity as of September 30, 2026, reflects the potential pretax impact to forecasted net interest income over the next 12 months from September 30, 2026, resulting from an instantaneous parallel shock to the market-based forward curve. As part of our asset and liability management activities, we use securities, certain residential mortgages, and interest rate and foreign exchange derivatives in managing interest rate sensitivity. The sensitivity analysis assumes that we take no action in response to this rate shock and does not assume any change in other macroeconomic variables normally correlated with changes in interest rates. The sensitivity analysis incorporates potential movements in customer behavior that could result in changes in both total customer deposit balances and balance mix in various interest rate scenarios. In higher rate scenarios, the analysis assumes that a portion of low-cost or noninterest-bearing deposits is replaced with higher-yielding deposits or market-based funding. In lower rate scenarios, the analysis assumes that a portion of higher-yielding deposits or market-based funding are replaced with low-cost or noninterest-bearing deposits. D Reserve build (or release) is calculated by subtracting net charge-offs for the period from the provision for credit losses recognized in that period. The period-end allowance, or reserve, for credit losses reflects the beginning of the period allowance adjusted for net charge-offs recorded in that period plus the provision for credit losses and other valuation accounts recognized in that period. E Pretax, pre-provision income (PTPI) at the segment level is a non-GAAP financial measure calculated by adjusting the segment’s pretax income to add back provision for credit losses. Management believes that PTPI is a useful financial measure as it enables an assessment of the Corporation’s ability to generate earnings to cover credit losses through a credit cycle as well as provides an additional basis for comparing the Corporation's results of operations between periods by isolating the impact of provision for credit losses, which can vary significantly between periods. See reconciliation below. F Revenue for all periods included net debit valuation adjustments (DVA) on derivatives, as well as amortization of own credit portion of purchase discount and realized DVA on structured liabilities. Net DVA gains (losses) were $20MM, ($57MM), and $14MM for 3Q26, 2Q26, and 3Q25, respectively, and $26MM, ($18MM), ($94MM), and ($104MM) for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Net DVA gains (losses) included in FICC revenue were $17MM, ($60MM), and $14MM for 3Q26, 2Q26, and 3Q25, respectively, and $6MM, ($25MM), ($79MM), and ($99MM) for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Net DVA gains (losses) included in Equities revenue were $3MM, $3MM, and $0MM for 3Q26, 2Q26, and 3Q25, respectively, and $20MM, $7MM, ($15MM), and ($5MM) for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. G VaR model uses a historical simulation approach based on three years of historical data and an expected shortfall methodology equivalent to a 99% confidence level. Using a 95% confidence level, average VaR was $25MM, $23MM, and $29MM for 3Q26, 2Q26, and 3Q25, respectively, and $24MM, $35MM, $34MM, and $30MM for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Beginning in 1Q25, the VaR amounts for all periods presented are those used in the Corporation’s risk management of its trading portfolios. Previously, the VaR amounts presented were those used for regulatory capital. The trading portfolio represents trading assets and liabilities, primarily consisting of regular underwriting or dealing in securities and derivative contracts, and acquiring positions as an accommodation to customers. $ in millions 3Q26 2Q26 3Q25 Pretax Income (GAAP) Provision for Credit Losses (GAAP) Pretax, Pre-provision Income Pretax Income (GAAP) Provision for Credit Losses (GAAP) Pretax, Pre-provision Income Pretax Income (GAAP) Provision for Credit Losses (GAAP) Pretax, Pre-provision Income Consumer Banking $ 4,694 $ 1,045 $ 5,739 $ 4,375 $ 1,160 $ 5,535 $ 4,582 $ 1,009 $ 5,591 Global Wealth & Investment Management 2,053 17 2,070 1,884 11 1,895 1,686 4 1,690 Global Banking 2,745 210 2,955 2,822 215 3,037 2,876 269 3,145 Global Markets 1,669 3 1,672 3,549 (11) 3,538 2,321 9 2,330 All Other (2,033) (6) (2,039) (902) (9) (911) (903) 4 (899) Reconciliation 3Q26 Reported Regulatory Settlement Charge 3Q26 Adjusted Noninterest expense ($B) $19.7 1.2 $18.5 Pretax income ($B) 9.0 (1.2) 10.2 Net income ($B) 6.9 (1.2) 8.1 Net income applicable to common shareholders ($B) 6.5 (1.2) 7.7 Diluted earnings per share1 $0.91 ($0.17) $1.08 Reconciliation 3Q26 Reported Regulatory Settlement Charge 3Q26 Adjusted Return on average common shareholders’ equity2 9.4 % (173) bps 11.1 % Return on average tangible common shareholders’ equity3 12.6 (231) bps 14.9 Efficiency ratio4 66 401 bps 62 Effective tax rate5 23 267 bps 20

Business Leadership Sources (A) FFIEC Call Reports, 2Q26. (B) J.D. Power 2026 U.S. Retail Banking Advice Satisfaction Study measures customer satisfaction with retail bank advice / guidance in the past 12 months. For more information, visit jdpower.com/awards.* (C) Global Finance, 2026. (D) StockBrokers.com* 2026 Annual Awards. (E) Family Wealth Report, 2026. (F) P&I Research Center, 2026. (G) WealthManagement.com,* 2026. (H) Coalition Greenwich Digital Transformation Benchmarking Program, 2025. (I) Euromoney, 2026. (J) Treasury Management International, 2026. (K) Asian Banker, 2026. (L) Coalition Greenwich, 2026. (M) GlobalCapital, 2026. (N) IFR, 2025. (O) Global Markets Choice Awards, 2026. (P) SRP Americas Awards, 2026. (Q) LSEG-Refinitiv, 2026 YTD. (R) Extel, 2025. 27 * Website content is not incorporated by reference into this presentation.

Forward-Looking Statements Bank of America Corporation (the Corporation) and its management may make certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “anticipates,” “targets,” “expects,” “hopes,” “estimates,” “intends,” “plans,” “goals,” “outlook,” “believes,” “continue” and other similar expressions or future or conditional verbs such as “will,” “may,” “might,” “should,” “would” and “could.” Forward-looking statements represent the Corporation’s current expectations, plans or forecasts of its or its business segments' future results, which may include, among other measures, revenue, liquidity, net interest income, net interest yield, other income, provision for credit losses, expenses, operating leverage, effective tax rate, efficiency ratio, capital measures, deposits and assets, as well as strategy, future business and economic conditions more generally, and other future matters. These statements are not guarantees of future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond the Corporation’s control. Actual outcomes and results may differ materially from those expressed in, or implied by, any of these forward-looking statements. You should not place undue reliance on any forward-looking statement and should consider the following uncertainties and risks, as well as the risks and uncertainties more fully discussed under Item 1A. Risk Factors of the Corporation’s 2025 Annual Report on Form 10-K and in any of the Corporation’s subsequent U.S. Securities and Exchange Commission (SEC) filings: the Corporation’s potential judgments, orders, settlements, penalties, fines and reputational damage, which are inherently difficult to predict, including related to the adequacy of the Corporation's anti-money laundering and economic sanctions programs (including the consent orders associated therewith) and pending, threatened or future litigation and regulatory inquiries, demands, requests, investigations, proceedings and enforcement actions, which the Corporation is subject to in the ordinary course of business, including matters related to our processing of unemployment benefits for California and certain other states, the features of our automatic credit card payment service, and the processing of electronic payments, including through the Zelle network, and related fraud, which are in various stages; in connection with ongoing litigation, the impact of certain changes to Visa’s and Mastercard’s respective card payment network rules and reductions in interchange fees for U.S.-based merchants; the possibility that the Corporation's future liabilities may be in excess of its recorded liability and estimated range of possible loss for litigation, and regulatory and government actions; the impact of U.S. and global interest rates (including the potential for fluctuations in interest rates), inflation, currency exchange rates, economic conditions, trade policies and tensions, including changes in, or the imposition of, tariffs and / or trade barriers and the economic impacts, volatility and uncertainty resulting therefrom, which may have varying effects across industries and geographies, and geopolitical instability; uncertainties about the financial stability and growth rates of non-U.S. jurisdictions, the risk that those jurisdictions may face difficulties servicing their sovereign debt, and related stresses on financial markets, currencies and trade, and the Corporation’s exposures to such risks, including direct, indirect and operational; the impact of the interest rate, inflationary, macroeconomic, banking and regulatory environment on the Corporation’s assets, business, financial condition and results of operations; the impact of adverse developments affecting the U.S. or global banking industry, including a deterioration in private credit markets, bank failures and liquidity concerns, resulting in worsening economic and market volatility, and regulatory responses thereto; the possibility that future credit losses may be higher than currently expected, including due to changes in economic assumptions, which may include unemployment rates, real estate prices, gross domestic product levels and corporate bond spreads, customer behavior, adverse developments with respect to U.S. or global economic conditions and other uncertainties, such as the impact of trade policies, supply chain disruptions, commodity prices, inflationary pressures and labor shortages on economic conditions and our business; potential losses related to the Corporation’s concentration of credit risk; the Corporation's ability to achieve its expense targets (including noninterest expense) and expectations regarding revenue, net interest income, operating leverage, other income, provision for credit losses, net charge-offs, effective tax rate, loan or deposit growth or other projections and targets; variances to the underlying assumptions and judgments used in estimating banking book net interest income sensitivity; adverse changes to the Corporation’s credit ratings from the major credit rating agencies; an inability to access capital markets or maintain deposits or borrowing costs; estimates of the fair value and other accounting values, subject to impairment assessments, of certain of the Corporation’s assets and liabilities; the estimated or actual impact of changes in accounting standards or assumptions in applying those standards; uncertainty regarding the content, timing and impact of regulatory capital and liquidity requirements; the impact of adverse changes to total loss- absorbing capacity requirements, stress capital buffer requirements and / or global systemically important bank surcharges; the potential impact of actions of the Board of Governors of the Federal Reserve System on the Corporation’s capital plans; the effect of changes in or interpretations of income tax laws and regulations, including impacts from the 2025 Budget Reconciliation Act; the impact of implementation and compliance with U.S. and international laws, regulations and regulatory interpretations, including recovery and resolution planning requirements, Federal Deposit Insurance Corporation assessments, fiduciary standards, derivatives regulations and potential changes to loss allocations between financial institutions and customers, including for losses incurred from the use of our products and services, including electronic payments and payment of checks, that were authorized by the customer but induced by fraud; the impact of failures or disruptions in or breaches of the Corporation’s operations or information systems, or those of various third parties, including regulators and federal and state governments, such as from cybersecurity incidents; the risks related to the development, implementation, use and management of emerging technologies, including artificial intelligence and the ability to achieve expected or potential benefits, such as increased productivity, profitability and cost savings; the risks related to the transition and physical impacts of climate change; our ability to achieve environmental goals or the impact of any changes in the Corporation's sustainability or human capital management strategy or goals; the impact of uncertain or changing political conditions, federal government shutdowns, including partial shutdowns, and uncertainty regarding the federal government’s debt limit or changes in fiscal, monetary, trade or regulatory policy; the emergence of widespread health emergencies or pandemics; the impact of natural disasters, extreme weather events, military conflicts (including the Russia / Ukraine conflict, the conflicts in the Middle East, the possible expansion of such conflicts and potential geopolitical and economic consequences), civil unrest, terrorism or other geopolitical events; and other matters. Forward-looking statements speak only as of the date they are made, and the Corporation undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.   28

Important Presentation Information 29 • The information contained herein is preliminary and based on Corporation data available at the time of the earnings presentation. It speaks only as of the particular date or dates included in the accompanying slides. Bank of America does not undertake an obligation to, and disclaims any duty to, update any of the information provided. • The Corporation may present certain metrics and ratios, including year-over-year comparisons of revenue, noninterest expense, and pretax income, excluding certain items (e.g., DVA), and ratios utilizing tangible common equity and tangible assets, that are non-GAAP financial measures. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in understanding its results of operations and trends. For more information about the non-GAAP financial measures contained herein, please see the presentation of the most directly comparable financial measures calculated in accordance with GAAP and accompanying reconciliations in the earnings press release for the quarter ended September 30, 2026, and other earnings-related information available through the Bank of America Investor Relations website at: https://investor.bankofamerica.com/ quarterly-earnings, the content of which is not incorporated by reference into this presentation. The Corporation has not provided a reconciliation of forward-looking estimates of net interest income on an FTE basis (as defined below) to the most directly comparable GAAP measure as it cannot be prepared without unreasonable effort. • The Corporation also measures net interest income, revenue, and certain ratios and analyses on a fully taxable-equivalent (FTE) basis, which when presented on a consolidated basis are non-GAAP financial measures. The Corporation believes managing the business with net interest income on an FTE basis provides investors with meaningful information on the interest margin for comparative purposes. The Corporation believes that the presentation allows for comparison of amounts from both taxable and tax-exempt sources and is consistent with industry practices. The FTE adjustments were $161MM, $163MM, $162MM, $165MM, and $154MM for 3Q26, 2Q26, 1Q26, 4Q25, and 3Q25, respectively. • The Corporation presents certain key financial and nonfinancial performance indicators (KPIs) that management uses when assessing consolidated and / or segment results. The Corporation believes this information is useful because it provides management and investors with information about underlying operational performance and trends. KPIs are presented herein, including in the 3Q26 Highlights on slides 2 and 5 and on Summary Income Statement for each segment. • The Corporation allocates capital to its business segments using a methodology that considers the effect of regulatory capital requirements in addition to internal risk-based capital models. Allocated capital is reviewed periodically and refinements are made based on multiple considerations that include, but are not limited to, risk-weighted assets measured under Basel 3 Standardized and Advanced approaches, business segment exposures and risk profile, and strategic plans. As a result of this process, in 1Q26, the Corporation adjusted the amount of capital being allocated to its business segments.

Supplemental Information

Third Quarter 2026

Current-period information is preliminary and based on company data available at the time of the earnings presentation. It speaks only as of the particular date or dates included in the accompanying pages. Bank of America Corporation (the Corporation) does not undertake an obligation to, and disclaims any duty to, update any of the information provided. Any forward-looking statements in this information are subject to the forward-looking language contained in the Corporation’s reports filed with the SEC pursuant to the Securities Exchange Act of 1934, which are available at the SEC’s website (www.sec.gov*) or at the Corporation’s website (www.bankofamerica.com*). The Corporation’s future financial performance is subject to risks and uncertainties as described in its SEC filings.

* Website content is not incorporated by reference into this Supplemental Information.

Bank of America Corporation and Subsidiaries
Table of Contents			Page
Consolidated Financial Highlights			2
Consolidated Statement of Income			3
Consolidated Statement of Comprehensive Income			3
Net Interest Income and Noninterest Income			4
Consolidated Balance Sheet			5
Capital Management			6
Capital Composition under Basel 3			7
Quarterly Average Balances and Interest Rates			8
Debt Securities			9
Supplemental Financial Data			10
Quarterly Results by Business Segment and All Other			11
Year-to-Date Results by Business Segment and All Other			13
Consumer Banking
Total Segment Results			14
Key Indicators			15
Global Wealth & Investment Management
Total Segment Results			16
Key Indicators			17
Global Banking
Total Segment Results			18
Key Indicators			19
Global Markets
Total Segment Results			20
Key Indicators			21
All Other
Total Results			22
Outstanding Loans and Leases			23
Quarterly Average Loans and Leases by Business Segment and All Other			24
Commercial Credit Exposure by Industry			25
Nonperforming Loans, Leases and Foreclosed Properties			26
Nonperforming Loans, Leases and Foreclosed Properties Activity			27
Quarterly Net Charge-offs and Net Charge-off Ratios			28
Year-to-Date Net Charge-offs and Net Charge-off Ratios			29
Allocation of the Allowance for Credit Losses by Product Type			30
Exhibit A: Non-GAAP Reconciliations			31
Key Performance Indicators
The Corporation presents certain key financial and nonfinancial performance indicators that management uses when assessing consolidated and/or segment results. The Corporation believes this information is useful because it provides management with information about underlying operational performance and trends. Key performance indicators are presented in Consolidated Financial Highlights on page 2 and on the Key Indicators pages for each segment.
Business Segment Operations
The Corporation reports the results of operations of its four business segments and All Other on a fully taxable-equivalent (FTE) basis. Additionally, the results for the total Corporation as presented on pages 11 - 13 are reported on an FTE basis.

Bank of America Corporation and Subsidiaries
Consolidated Financial Highlights
(In millions, except per share information)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Income statement
Net interest income			$	48,191					$	44,346								$	16,449					$	15,997					$	15,745					$	15,750					$	15,233
Noninterest income			43,597						40,384									13,509						15,561						14,527						12,617						13,807
Total revenue, net of interest expense			91,788						84,730									29,958						31,558						30,272						28,367						29,040
Provision for credit losses			3,972						4,367									1,269						1,366						1,337						1,308						1,295
Noninterest expense			56,880						52,290									19,722						18,627						18,531						17,437						17,337
Income before income taxes			30,936						28,073									8,967						11,565						10,404						9,622						10,408
Pretax, pre-provision income (1)			34,908						32,440									10,236						12,931						11,741						10,930						11,703
Income tax expense			6,345						5,211									2,034						2,491						1,820						1,975						2,076
Net income			24,591						22,862									6,933						9,074						8,584						7,647						8,332
Preferred stock dividends			1,147						1,126									392						326						429						328						429
Net income applicable to common shareholders			23,444						21,736									6,541						8,748						8,155						7,319						7,903
Diluted earnings per common share			3.23						2.84									0.91						1.21						1.11						0.98						1.04
Average diluted common shares issued and outstanding			7,312.5						7,724.7									7,222.2						7,294.2						7,417.5						7,546.9						7,627.1
Dividends paid per common share			$	0.88					$	0.80								$	0.32					$	0.28					$	0.28					$	0.28					$	0.28
Performance ratios
Return on average assets			0.94		%				0.90		%							0.79		%				1.03		%				0.99		%				0.89		%				0.96		%
Return on average common shareholders’ equity			11.35						10.63									9.41						12.71						11.95						10.45						11.40
Return on average shareholders’ equity			10.91						10.30									9.14						12.09						11.51						9.98						11.01
Return on average tangible common shareholders’ equity (2)			15.20						14.30									12.60						17.03						16.00						13.97						15.29
Efficiency ratio			61.97						61.71									65.83						59.02						61.22						61.47						59.70
At period end
Book value per share of common stock			$	39.26					$	37.72								$	39.26					$	39.34					$	38.66					$	38.44					$	37.72
Tangible book value per share of common stock (2)			29.14						28.16									29.14						29.37						28.84						28.73						28.16
Market capitalization			376,802						378,125									376,802						399,884						347,583						396,686						378,125
Number of financial centers - U.S.			3,531						3,649									3,531						3,530						3,540						3,628						3,649
Number of branded ATMs - U.S.			14,965						14,920									14,965						14,939						14,902						14,909						14,920
Headcount			209,911						213,384									209,911						211,304						212,134						213,207						213,384

(1)    Pretax, pre-provision income (PTPI) is a non-GAAP financial measure calculated by adjusting pretax income to add back provision for credit losses. Management believes that PTPI is a useful financial measure because it enables an assessment of the Corporation's ability to generate earnings to cover credit losses through a credit cycle. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on page 31.)

(2)    Tangible common equity ratios and tangible book value per share of common stock are non-GAAP financial measures. We believe the use of ratios that utilize tangible common equity provides additional useful information because they present measures of those assets that can generate income. Tangible book value per share provides additional useful information about the level of tangible assets in relation to outstanding shares of common stock. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on page 31.)

Current-period information is preliminary and based on company data available at the time of the presentation. 2

Bank of America Corporation and Subsidiaries
Consolidated Statement of Income
(In millions, except per share information)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Net interest income
Interest income			$	101,448					$	104,305								$	34,257					$	33,832					$	33,359					$	34,261					$	35,366
Interest expense			53,257						59,959									17,808						17,835						17,614						18,511						20,133
Net interest income			48,191						44,346									16,449						15,997						15,745						15,750						15,233
Noninterest income
Fees and commissions			32,426						29,221									10,797						11,080						10,549						10,181						10,337
Market making and similar activities			10,174						9,940									2,360						4,177						3,637						2,074						3,203
Other income			997						1,223									352						304						341						362						267
Total noninterest income			43,597						40,384									13,509						15,561						14,527						12,617						13,807
Total revenue, net of interest expense			91,788						84,730									29,958						31,558						30,272						28,367						29,040
Provision for credit losses			3,972						4,367									1,269						1,366						1,337						1,308						1,295
Noninterest expense
Compensation and benefits			33,290						31,744									10,969						10,987						11,334						10,602						10,523
Information processing and communications			5,950						5,540									2,008						1,924						2,018						1,913						1,827
Occupancy and equipment			5,781						5,564									1,967						1,914						1,900						1,884						1,872
Product delivery and transaction related			3,623						2,913									1,170						1,327						1,126						1,011						1,025
Professional fees			1,762						1,898									606						573						583						682						606
Marketing			1,938						1,641									669						736						533						563						572
Other general operating			4,536						2,990									2,333						1,166						1,037						782						912
Total noninterest expense			56,880						52,290									19,722						18,627						18,531						17,437						17,337
Income before income taxes			30,936						28,073									8,967						11,565						10,404						9,622						10,408
Income tax expense			6,345						5,211									2,034						2,491						1,820						1,975						2,076
Net income			$	24,591					$	22,862								$	6,933					$	9,074					$	8,584					$	7,647					$	8,332
Preferred stock dividends			1,147						1,126									392						326						429						328						429
Net income applicable to common shareholders			$	23,444					$	21,736								$	6,541					$	8,748					$	8,155					$	7,319					$	7,903
Per common share information
Earnings			$	3.28					$	2.87								$	0.93					$	1.22					$	1.12					$	0.99					$	1.06
Diluted earnings			3.23						2.84									0.91						1.21						1.11						0.98						1.04
Average common shares issued and outstanding			7,152.7						7,574.5									7,052.5						7,151.2						7,256.1						7,364.9						7,466.0
Average diluted common shares issued and outstanding			7,312.5						7,724.7									7,222.2						7,294.2						7,417.5						7,546.9						7,627.1

Consolidated Statement of Comprehensive Income
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Net income			$	24,591					$	22,862								$	6,933					$	9,074					$	8,584					$	7,647					$	8,332
Other comprehensive income (loss), net-of-tax:
Net change in debt securities			(2,348)						489									(1,871)						52						(529)						667						438
Net change in debit valuation adjustments			349						(161)									90						(401)						660						(168)						(305)
Net change in derivatives			(2,874)						3,145									(1,496)						(751)						(627)						445						636
Employee benefit plan adjustments			110						37									39						36						35						282						(16)
Net change in foreign currency translation adjustments			19						30									1						9						9						(7)						6
Other comprehensive income (loss)			(4,744)						3,540									(3,237)						(1,055)						(452)						1,219						759
Comprehensive income			$	19,847					$	26,402								$	3,696					$	8,019					$	8,132					$	8,866					$	9,091

Current-period information is preliminary and based on company data available at the time of the presentation. 3

Bank of America Corporation and Subsidiaries
Net Interest Income and Noninterest Income
(Dollars in millions)
						Nine Months Ended September 30																					Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
						2026						2025
Net interest income
Interest income
Loans and leases						$	47,833					$	47,065														$	16,487					$	15,863					$	15,483					$	16,015					$	16,191
Debt securities						18,265						20,638															5,942						6,032						6,291						6,755						6,958
Federal funds sold and securities borrowed or purchased under agreements to resell						12,256						11,670															4,214						4,185						3,857						3,763						3,802
Trading account assets						9,417						9,260															3,156						3,063						3,198						2,979						3,195
Other interest income						13,677						15,672															4,458						4,689						4,530						4,749						5,220
Total interest income						101,448						104,305															34,257						33,832						33,359						34,261						35,366
Interest expense
Deposits						22,278						26,245															7,605						7,372						7,301						8,268						8,932
Short-term borrowings						19,448						21,570															6,331						6,607						6,510						6,472						7,172
Trading account liabilities						2,298						2,055															797						756						745						602						672
Long-term debt						9,233						10,089															3,075						3,100						3,058						3,169						3,357
Total interest expense						53,257						59,959															17,808						17,835						17,614						18,511						20,133
Net interest income						$	48,191					$	44,346														$	16,449					$	15,997					$	15,745					$	15,750					$	15,233
Noninterest income
Fees and commissions
Card income
Interchange fees (1)						$	2,706					$	2,942														$	894					$	947					$	865					$	934					$	990
Other card income						1,931						1,851															667						636						628						632						639
Total card income						4,637						4,793															1,561						1,583						1,493						1,566						1,629
Service charges
Deposit-related fees						3,964						3,760															1,322						1,336						1,306						1,284						1,267
Lending-related fees						1,092						1,048															354						370						368						365						365
Total service charges						5,056						4,808															1,676						1,706						1,674						1,649						1,632
Investment and brokerage services
Asset management fees						13,369						11,408															4,630						4,427						4,312						4,193						3,972
Brokerage fees						3,586						3,248															1,131						1,226						1,229						1,107						1,091
Total investment and brokerage services						16,955						14,656															5,761						5,653						5,541						5,300						5,063
Investment banking fees
Underwriting income						3,146						2,568															975						1,220						951						752						992
Syndication fees						1,050						1,096															353						360						337						324						438
Financial advisory services						1,582						1,300															471						558						553						590						583
Total investment banking fees						5,778						4,964															1,799						2,138						1,841						1,666						2,013
Total fees and commissions						32,426						29,221															10,797						11,080						10,549						10,181						10,337
Market making and similar activities						10,174						9,940															2,360						4,177						3,637						2,074						3,203
Other income (loss)						997						1,223															352						304						341						362						267
Total noninterest income						$	43,597					$	40,384														$	13,509					$	15,561					$	14,527					$	12,617					$	13,807

(1)Gross interchange fees and merchant income were $10.7 billion and $10.2 billion and are presented net of $8.0 billion and $7.3 billion of expenses for rewards and partner payments as well as certain other card costs for the nine months ended September 30, 2026 and 2025. Gross interchange fees and merchant income were $3.6 billion, $3.7 billion, $3.4 billion, $3.6 billion and $3.4 billion and are presented net of $2.7 billion, $2.7 billion, $2.5 billion, $2.6 billion and $2.5 billion of expenses for rewards and partner payments as well as certain other card costs for the third, second and first quarters of 2026 and the fourth and third quarters of 2025, respectively.

Current-period information is preliminary and based on company data available at the time of the presentation. 4

Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet
(Dollars in millions)
						September 30 2026						June 30 2026						September 30 2025
Assets
Cash and due from banks						$	26,907					$	28,100					$	25,352
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks						222,736						201,645						221,155
Cash and cash equivalents						249,643						229,745						246,507
Time deposits placed and other short-term investments						8,638						9,447						8,212
Federal funds sold and securities borrowed or purchased under agreements to resell						347,125						412,415						325,800
Trading account assets						332,475						358,748						335,566
Derivative assets						53,148						45,336						42,115
Debt securities:
Carried at fair value						345,636						363,419						404,636
Held-to-maturity, at amortized cost						496,398						505,799						531,414
Total debt securities						842,034						869,218						936,050
Loans and leases						1,251,260						1,217,619						1,165,900
Allowance for loan and lease losses						(13,005)						(13,114)						(13,252)
Loans and leases, net of allowance						1,238,255						1,204,505						1,152,648
Premises and equipment, net						13,906						12,788						12,348
Goodwill						69,021						69,021						69,021
Loans held-for-sale						8,102						6,535						6,831
Customer and other receivables						91,685						106,269						99,863
Other assets						173,672						175,164						168,188
Total assets						$	3,427,704					$	3,499,191					$	3,403,149
Liabilities
Deposits in U.S. offices:
Noninterest-bearing						$	534,129					$	529,985					$	510,208
Interest-bearing						1,357,525						1,357,513						1,354,445
Deposits in non-U.S. offices:
Noninterest-bearing						14,545						14,358						14,690
Interest-bearing						132,559						123,268						122,865
Total deposits						2,038,758						2,025,124						2,002,208
Federal funds purchased and securities loaned or sold under agreements to repurchase						315,418						332,218						342,588
Trading account liabilities						109,805						123,162						117,322
Derivative liabilities						49,246						42,577						40,157
Short-term borrowings						62,230						59,979						54,200
Accrued expenses and other liabilities						236,811						275,174						232,753
Long-term debt						318,687						339,863						311,484
Total liabilities						3,130,955						3,198,097						3,100,712
Shareholders’ equity
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,950,961, 3,951,164 and 3,991,164 shares						24,996						24,996						25,992
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 6,922,695,323, 7,017,967,460 and 7,329,421,929 shares						8,210						13,611						31,764
Retained earnings						278,813						274,520						256,426
Accumulated other comprehensive income (loss)						(15,270)						(12,033)						(11,745)
Total shareholders’ equity						296,749						301,094						302,437
Total liabilities and shareholders’ equity						$	3,427,704					$	3,499,191					$	3,403,149
			Assets of consolidated variable interest entities included in total assets above (isolated to settle the liabilities of the variable interest entities)
			Trading account assets			$	7,600					$	7,703					$	6,063
			Loans and leases			17,330						17,905						18,007
			Allowance for loan and lease losses			(849)						(858)						(889)
			Loans and leases, net of allowance			16,481						17,047						17,118
			All other assets			1,079						889						614
			Total assets of consolidated variable interest entities			$	25,160					$	25,639					$	23,795
			Liabilities of consolidated variable interest entities included in total liabilities above
			Short-term borrowings			$	7,272					$	6,964					$	4,980
			Long-term debt			7,343						7,555						8,420
			All other liabilities			19						20						22
			Total liabilities of consolidated variable interest entities			$	14,634					$	14,539					$	13,422

Current-period information is preliminary and based on company data available at the time of the presentation. 5

Bank of America Corporation and Subsidiaries
Capital Management
(Dollars in millions)
			September 30 2026						June 30 2026																		September 30 2025
Risk-based capital metrics (1, 2):
Standardized Approach
Common equity tier 1 capital			$	198,407					$	201,581																	$	202,875
Tier 1 capital			223,370						226,568																		228,829
Total capital			259,252						262,752																		263,433
Risk-weighted assets			1,823,896						1,792,202																		1,750,950
Common equity tier 1 capital ratio			10.9		%				11.2		%																11.6		%
Tier 1 capital ratio			12.2						12.6																		13.1
Total capital ratio			14.2						14.7																		15.0
Advanced Approaches
Common equity tier 1 capital			$	198,407					$	201,581																	$	202,875
Tier 1 capital			223,370						226,568																		228,829
Total capital			248,413						252,284																		252,730
Risk-weighted assets			1,650,419						1,612,592																		1,546,142
Common equity tier 1 capital ratio			12.0		%				12.5		%																13.1		%
Tier 1 capital ratio			13.5						14.0																		14.8
Total capital ratio			15.1						15.6																		16.3
Leverage-based metrics (1, 2):
Adjusted average assets			$	3,392,241					$	3,452,090																	$	3,356,512
Tier 1 leverage ratio			6.6		%				6.6		%																6.8		%
Supplementary leverage exposure			$	4,083,134					$	4,121,831																	$	3,976,630
Supplementary leverage ratio			5.5		%				5.5		%																5.8		%
Common equity ratio			7.9						7.9																		8.1
Tangible common equity ratio (3)			6.0						6.0																		6.2

(1)Effective in the fourth quarter of 2025, the Corporation elected to change its accounting methods for certain tax-related equity investments and applied those changes retrospectively through cumulative adjustment to retained earnings. Under applicable bank regulatory rules, the Corporation is not required to revise previously-filed regulatory capital ratios and, accordingly, did not revise regulatory capital information as of September 30, 2025.

(2)Regulatory capital ratios at September 30, 2026 are preliminary. The Corporation reports regulatory capital ratios under both the Standardized and Advanced approaches. Capital adequacy is evaluated against the lower of the Standardized or Advanced approaches compared to their respective regulatory capital ratio requirements. The Corporation’s binding ratio was the Total capital ratio under the Standardized approach at September 30, 2026 and September 30, 2025, and the Tier 1 capital ratio under the Standardized approach at June 30, 2026.

(3)Tangible common equity ratio equals period-end tangible common shareholders’ equity divided by period-end tangible assets. Tangible common shareholders’ equity and tangible assets are non-GAAP financial measures. We believe the use of ratios that utilize tangible common equity provides additional useful information because they present measures of those assets that can generate income. (See Exhibit A: Non-GAAP Reconciliations - Reconciliation to GAAP Financial Measures on page 31.)

Current-period information is preliminary and based on company data available at the time of the presentation. 6

Bank of America Corporation and Subsidiaries
Capital Composition under Basel 3
(Dollars in millions)
			September 30 2026						June 30 2026						September 30 2025
Total common shareholders' equity			$	271,753					$	276,098					$	276,445
Impact of change in accounting method (1)			—						—						1,715
Goodwill, net of related deferred tax liabilities			(68,651)						(68,651)						(68,653)
Deferred tax assets arising from net operating loss and tax credit carryforwards			(8,672)						(8,561)						(8,483)
Intangibles, other than mortgage servicing rights, net of related deferred tax liabilities			(1,343)						(1,357)						(1,401)
Defined benefit pension plan net assets, net-of-tax			(905)						(886)						(838)
Cumulative unrealized net (gain) loss related to changes in fair value of financial liabilities attributable to own    creditworthiness, net-of-tax			1,348						1,541						1,645
Accumulated net (gain) loss on certain cash flow hedges (2)			4,894						3,413						2,464
Other			(17)						(16)						(19)
Common equity tier 1 capital			198,407						201,581						202,875
Qualifying preferred stock, net of issuance cost			24,995						24,995						25,991
Other			(32)						(8)						(37)
Tier 1 capital			223,370						226,568						228,829
Tier 2 capital instruments			21,924						22,348						20,502
Qualifying allowance for credit losses			14,240						14,318						14,420
Other			(282)						(482)						(318)
Total capital under the Standardized approach			259,252						262,752						263,433
Adjustment in qualifying allowance for credit losses under the Advanced approaches			(10,839)						(10,468)						(10,703)
Total capital under the Advanced approaches			$	248,413					$	252,284					$	252,730

(1)Represents the decrease in retained earnings due to the Corporation's election to change accounting methods for certain tax-related equity investments in the fourth quarter of 2025. Under applicable bank regulatory rules, the Corporation is not required to revise previously-filed regulatory capital ratios and, accordingly, did not revise regulatory capital information as of September 30, 2025.

(2)Includes amounts in accumulated other comprehensive income related to the hedging of items that are not recognized at fair value on the Consolidated Balance Sheet.

Current-period information is preliminary and based on company data available at the time of the presentation. 7

Bank of America Corporation and Subsidiaries
Quarterly Average Balances and Interest Rates – Fully Taxable-equivalent Basis
(Dollars in millions)
						Third Quarter 2026																					Second Quarter 2026																					Third Quarter 2025
						Average Balance						Interest Income/ Expense (1)						Yield/ Rate									Average Balance						Interest Income/ Expense (1)						Yield/ Rate									Average Balance						Interest Income/ Expense (1)						Yield/ Rate
Earning assets
Interest-bearing deposits with the Federal Reserve,    non-U.S. central banks and other banks						$	230,507					$	2,080					3.58		%							$	254,700					$	2,215					3.49		%							$	264,233					$	2,698					4.05		%
Time deposits placed and other short-term     investments						12,164						90						2.93									11,839						93						3.15									9,716						88						3.59
Federal funds sold and securities borrowed or    purchased under agreements to resell						362,890						4,214						4.61									373,297						4,185						4.50									316,603						3,802						4.76
Trading account assets						237,502						3,193						5.34									240,768						3,097						5.16									239,048						3,222						5.35
Debt securities						861,088						5,956						2.75									880,724						6,051						2.74									932,588						6,975						2.97
Loans and leases (2)
Residential mortgage						236,433						2,153						3.64									236,187						2,106						3.57									235,301						2,070						3.52
Home equity						27,370						385						5.58									27,099						370						5.48									26,413						390						5.86
Credit card						105,802						2,914						10.93									103,640						2,794						10.81									100,966						2,932						11.52
Direct/Indirect and other consumer						118,423						1,531						5.13									116,455						1,484						5.11									110,127						1,525						5.49
Total consumer						488,028						6,983						5.69									483,381						6,754						5.60									472,807						6,917						5.82
U.S. commercial						485,010						6,281						5.14									482,510						6,034						5.01									443,274						5,953						5.33
Non-U.S. commercial						164,025						2,033						4.92									164,502						1,940						4.73									154,458						2,121						5.45
Commercial real estate						73,346						1,038						5.62									70,280						985						5.62									66,494						1,044						6.23
Commercial lease financing						15,609						201						5.13									15,846						200						5.06									16,002						216						5.37
Total commercial						737,990						9,553						5.14									733,138						9,159						5.01									680,228						9,334						5.45
Total loans and leases						1,226,018						16,536						5.36									1,216,519						15,913						5.24									1,153,035						16,251						5.60
Other earning assets						128,190						2,349						7.27									128,879						2,441						7.60									124,965						2,484						7.89
Total earning assets						3,058,359						34,418						4.47									3,106,726						33,995						4.39									3,040,188						35,520						4.64
Cash and due from banks						26,266																					26,656																					24,963
Other assets, less allowance for loan and lease losses						387,236																					398,186																					368,296
Total assets						$	3,471,861																				$	3,531,568																				$	3,433,447
Interest-bearing liabilities
U.S. interest-bearing deposits
Demand and money market deposits						$	1,103,073					$	5,198					1.87		%							$	1,108,939					$	5,042					1.82		%							$	1,095,931					$	6,063					2.19		%
Time and savings deposits						249,651						1,662						2.64									254,022						1,661						2.62									257,475						1,941						2.99
Total U.S. interest-bearing deposits						1,352,724						6,860						2.01									1,362,961						6,703						1.97									1,353,406						8,004						2.35
Non-U.S. interest-bearing deposits						132,664						745						2.23									126,738						669						2.11									125,309						928						2.94
Total interest-bearing deposits						1,485,388						7,605						2.03									1,489,699						7,372						1.98									1,478,715						8,932						2.40
Federal funds purchased and securities loaned or sold    under agreements to repurchase						337,187						4,092						4.81									353,243						4,135						4.70									392,431						4,800						4.85
Short-term borrowings and other interest-bearing     liabilities						204,194						2,239						4.35									228,651						2,472						4.34									178,368						2,372						5.28
Trading account liabilities						60,534						797						5.22									57,026						756						5.32									52,452						672						5.08
Long-term debt						247,313						3,075						4.95									256,197						3,100						4.85									247,425						3,357						5.40
Total interest-bearing liabilities						2,334,616						17,808						3.03									2,384,816						17,835						3.00									2,349,391						20,133						3.40
Noninterest-bearing sources
Noninterest-bearing deposits						536,695																					533,251																					512,719
Other liabilities (3)						299,669																					312,517																					270,956
Shareholders’ equity						300,881																					300,984																					300,381
Total liabilities and shareholders’ equity						$	3,471,861																				$	3,531,568																				$	3,433,447
Net interest spread																		1.44		%																			1.39		%																			1.24		%
Impact of noninterest-bearing sources																		0.72																					0.69																					0.77
Net interest income/yield on earning assets (4)												$	16,610					2.16		%													$	16,160					2.08		%													$	15,387					2.01		%

(1)Includes the impact of interest rate risk management contracts.

(2)Nonperforming loans are included in the respective average loan balances. Income on these nonperforming loans is generally recognized on a cost recovery basis.

(3)Includes $86.7 billion, $84.6 billion and $66.2 billion of structured notes and liabilities for the third and second quarters of 2026 and the third quarter of 2025, respectively.

(4)Net interest income includes FTE adjustments of $161 million, $163 million and $154 million for the third and second quarters of 2026 and the third quarter of 2025, respectively.

Current-period information is preliminary and based on company data available at the time of the presentation. 8

Bank of America Corporation and Subsidiaries
Debt Securities
(Dollars in millions)
			September 30, 2026
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Available-for-sale debt securities
Mortgage-backed securities:
Agency			$	39,186					$	23					$	(1,964)					$	37,245
Agency-collateralized mortgage obligations			16,265						1						(302)						15,964
Commercial			43,318						126						(928)						42,516
Non-agency residential			75						1						(28)						48
Total mortgage-backed securities			98,844						151						(3,222)						95,773
U.S. Treasury and government agencies			175,017						71						(1,439)						173,649
Non-U.S. securities			46,315						19						(66)						46,268
Other taxable securities			6,235						2						(88)						6,149
Tax-exempt securities			7,216						7						(248)						6,975
Total available-for-sale debt securities			333,627						250						(5,063)						328,814
Other debt securities carried at fair value (1)			16,922						73						(173)						16,822
Total debt securities carried at fair value			350,549						323						(5,236)						345,636
Held-to-maturity debt securities
Agency mortgage-backed securities			370,073						—						(87,397)						282,676
U.S. Treasury and government agencies			121,273						—						(15,621)						105,652
Other taxable securities			5,080						1						(896)						4,185
Total held-to-maturity debt securities			496,426						1						(103,914)						392,513
Total debt securities			$	846,975					$	324					$	(109,150)					$	738,149
			June 30, 2026
Available-for-sale debt securities
Mortgage-backed securities:
Agency			$	41,870					$	125					$	(1,154)					$	40,841
Agency-collateralized mortgage obligations			17,204						85						(141)						17,148
Commercial			44,281						260						(484)						44,057
Non-agency residential			75						1						(24)						52
Total mortgage-backed securities			103,430						471						(1,803)						102,098
U.S. Treasury and government agencies			195,191						128						(916)						194,403
Non-U.S. securities			37,718						12						(63)						37,667
Other taxable securities			7,399						2						(54)						7,347
Tax-exempt securities			7,176						8						(159)						7,025
Total available-for-sale debt securities			350,914						621						(2,995)						348,540
Other debt securities carried at fair value (1)			14,928						121						(170)						14,879
Total debt securities carried at fair value			365,842						742						(3,165)						363,419
Held-to-maturity debt securities
Agency mortgage-backed securities			379,169						—						(68,332)						310,837
U.S. Treasury and government agencies			121,262						—						(13,011)						108,251
Other taxable securities			5,397						1						(752)						4,646
Total held-to-maturity debt securities			505,828						1						(82,095)						423,734
Total debt securities			$	871,670					$	743					$	(85,260)					$	787,153

(1)    Primarily includes non-U.S. securities used to satisfy certain international regulatory requirements.

Current-period information is preliminary and based on company data available at the time of the presentation. 9

Bank of America Corporation and Subsidiaries
Supplemental Financial Data
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
FTE basis data (1)
Net interest income			$	48,677					$	44,790								$	16,610					$	16,160					$	15,907					$	15,915					$	15,387
Total revenue, net of interest expense			92,274						85,174									30,119						31,721						30,434						28,532						29,194
Net interest yield			2.10		%				1.98		%							2.16		%				2.08		%				2.07		%				2.08		%				2.01		%
Efficiency ratio			61.64						61.39									65.48						58.72						60.89						61.11						59.39

(1)FTE basis is a non-GAAP financial measure. FTE basis is a performance measure used by management in operating the business that management believes provides investors with meaningful information on the interest margin for comparative purposes. The Corporation believes that this presentation allows for comparison of amounts from both taxable and tax-exempt sources and is consistent with industry practices. Net interest income includes FTE adjustments of $486 million and $444 million for the nine months ended September 30, 2026 and 2025, $161 million, $163 million and $162 million for the third, second and first quarters of 2026, and $165 million and $154 million for the fourth and third quarters of 2025, respectively.

Current-period information is preliminary and based on company data available at the time of the presentation. 10

Bank of America Corporation and Subsidiaries
Quarterly Results by Business Segment and All Other
(Dollars in millions)
						Third Quarter 2026
						Total Corporation									Consumer Banking						GWIM						Global Banking						Global Markets						All Other
Net interest income						$	16,610								$	9,431					$	1,963					$	3,259					$	2,008					$	(51)
Noninterest income
Fees and commissions:
Card income						1,561									1,332						—						212						17						—
Service charges						1,676									641						31						930						74						—
Investment and brokerage services						5,761									108						4,956						17						683						(3)
Investment banking fees						1,799									—						86						971						767						(25)
Total fees and commissions						10,797									2,081						5,073						2,130						1,541						(28)
Market making and similar activities						2,360									7						33						69						2,554						(303)
Other income (loss)						352									53						49						747						(236)						(261)
Total noninterest income (loss)						13,509									2,141						5,155						2,946						3,859						(592)
Total revenue, net of interest expense						30,119									11,572						7,118						6,205						5,867						(643)
Provision for credit losses						1,269									1,045						17						210						3						(6)
Noninterest expense						19,722									5,833						5,048						3,250						4,195						1,396
Income (loss) before income taxes						9,128									4,694						2,053						2,745						1,669						(2,033)
Income tax expense (benefit)						2,195									1,173						513						755						434						(680)
Net income (loss)						$	6,933								$	3,521					$	1,540					$	1,990					$	1,235					$	(1,353)
Average
Total loans and leases						$	1,226,018								$	320,953					$	278,642					$	418,883					$	200,645					$	6,895
Total assets (1)						3,471,861									1,032,792						326,364						769,684						1,091,797						251,224
Total deposits						2,022,083									948,635						278,937						668,588						38,309						87,614
Period end
Total loans and leases						$	1,251,260								$	321,968					$	283,377					$	428,146					$	210,590					$	7,179
Total assets (1)						3,427,704									1,034,324						328,816						784,081						1,052,335						228,148
Total deposits						2,038,758									949,142						279,723						683,867						38,449						87,577
						Second Quarter 2026
						Total Corporation									Consumer Banking						GWIM						Global Banking						Global Markets						All Other
Net interest income						$	16,160								$	9,206					$	1,888					$	3,198					$	1,911					$	(43)
Noninterest income
Fees and commissions:
Card income						1,583									1,346						5						216						16						—
Service charges						1,706									639						30						932						102						3
Investment and brokerage services						5,653									106						4,793						29						729						(4)
Investment banking fees						2,138									—						88						1,154						965						(69)
Total fees and commissions						11,080									2,091						4,916						2,331						1,812						(70)
Market making and similar activities						4,177									7						32						59						4,422						(343)
Other income (loss)						304									32						35						648						(123)						(288)
Total noninterest income (loss)						15,561									2,130						4,983						3,038						6,111						(701)
Total revenue, net of interest expense						31,721									11,336						6,871						6,236						8,022						(744)
Provision for credit losses						1,366									1,160						11						215						(11)						(9)
Noninterest expense						18,627									5,801						4,976						3,199						4,484						167
Income (loss) before income taxes						11,728									4,375						1,884						2,822						3,549						(902)
Income tax expense (benefit)						2,654									1,094						471						776						923						(610)
Net income (loss)						$	9,074								$	3,281					$	1,413					$	2,046					$	2,626					$	(292)
Average
Total loans and leases						$	1,216,519								$	321,056					$	270,257					$	413,364					$	204,994					$	6,848
Total assets (1)						3,531,568									1,041,292						328,688						754,368						1,120,548						286,672
Total deposits						2,022,950									956,957						281,593						651,867						38,129						94,404
Period end
Total loans and leases						$	1,217,619								$	322,271					$	276,980					$	412,294					$	198,678					$	7,396
Total assets (1)						3,499,191									1,039,051						327,667						761,395						1,106,999						264,079
Total deposits						2,025,124									953,195						278,155						662,867						38,146						92,761

(1)Total assets include asset allocations to match liabilities (i.e., deposits).

Current-period information is preliminary and based on company data available at the time of the presentation. 11

Bank of America Corporation and Subsidiaries
Quarterly Results by Business Segment and All Other (continued)
(Dollars in millions)
						Third Quarter 2025
						Total Corporation									Consumer Banking						GWIM						Global Banking						Global Markets						All Other
Net interest income						$	15,387								$	8,988					$	1,800					$	3,141					$	1,484					$	(26)
Noninterest income
Fees and commissions:
Card income						1,629									1,403						6						204						17						(1)
Service charges						1,632									645						30						863						93						1
Investment and brokerage services						5,063									94						4,334						24						614						(3)
Investment banking fees						2,013									—						65						1,155						834						(41)
Total fees and commissions						10,337									2,142						4,435						2,246						1,558						(44)
Market making and similar activities						3,203									5						31						73						3,141						(47)
Other income (loss)						267									31						46						729						42						(581)
Total noninterest income (loss)						13,807									2,178						4,512						3,048						4,741						(672)
Total revenue, net of interest expense						29,194									11,166						6,312						6,189						6,225						(698)
Provision for credit losses						1,295									1,009						4						269						9						4
Noninterest expense						17,337									5,575						4,622						3,044						3,895						201
Income (loss) before income taxes						10,562									4,582						1,686						2,876						2,321						(903)
Income tax expense (benefit)						2,230									1,145						421						791						673						(800)
Net income (loss)						$	8,332								$	3,437					$	1,265					$	2,085					$	1,648					$	(103)
Average
Total loans and leases						$	1,153,035								$	320,297					$	245,523					$	388,482					$	190,994					$	7,739
Total assets (1)						3,433,447									1,029,529						320,484						730,206						1,024,300						328,928
Total deposits						1,991,434									947,414						276,534						631,560						37,588						98,338
Period end
Total loans and leases						$	1,165,900								$	321,905					$	252,986					$	386,828					$	196,759					$	7,422
Total assets (1)						3,403,149									1,032,826						325,605						737,640						997,908						309,170
Total deposits						2,002,208									949,100						278,931						640,801						36,883						96,493

(1)Total assets include asset allocations to match liabilities (i.e., deposits).

Current-period information is preliminary and based on company data available at the time of the presentation. 12

Bank of America Corporation and Subsidiaries
Year-to-Date Results by Business Segment and All Other
(Dollars in millions)
						Nine Months Ended September 30, 2026
						Total Corporation									Consumer Banking						GWIM						Global Banking						Global Markets						All Other
Net interest income						$	48,677								$	27,630					$	5,713					$	9,687					$	5,780					$	(133)
Noninterest income
Fees and commissions:
Card income						4,637									3,951						7						630						49						—
Service charges						5,056									1,918						93						2,766						276						3
Investment and brokerage services						16,955									316						14,420						57						2,172						(10)
Investment banking fees						5,778									—						256						3,172						2,494						(144)
Total fees and commissions						32,426									6,185						14,776						6,625						4,991						(151)
Market making and similar activities						10,174									21						96						209						10,697						(849)
Other income (loss)						997									121						116						2,207						(470)						(977)
Total noninterest income (loss)						43,597									6,327						14,988						9,041						15,218						(1,977)
Total revenue, net of interest expense						92,274									33,957						20,701						18,728						20,998						(2,110)
Provision for credit losses						3,972									3,337						30						610						19						(24)
Noninterest expense						56,880									17,471						14,962						9,672						13,049						1,726
Income (loss) before income taxes						31,422									13,149						5,709						8,446						7,930						(3,812)
Income tax expense (benefit)						6,831									3,287						1,427						2,323						2,062						(2,268)
Net income (loss)						$	24,591								$	9,862					$	4,282					$	6,123					$	5,868					$	(1,544)
Average
Total loans and leases						$	1,210,822								$	321,387					$	270,410					$	409,825					$	202,290					$	6,910
Total assets (1)						3,505,158									1,036,245						329,461						758,056						1,104,606						276,790
Total deposits						2,020,672									952,126						282,341						656,090						38,725						91,390
Period end
Total loans and leases						$	1,251,260								$	321,968					$	283,377					$	428,146					$	210,590					$	7,179
Total assets (1)						3,427,704									1,034,324						328,816						784,081						1,052,335						228,148
Total deposits						2,038,758									949,142						279,723						683,867						38,449						87,577
						Nine Months Ended September 30, 2025
						Total Corporation									Consumer Banking						GWIM						Global Banking						Global Markets						All Other
Net interest income						$	44,790								$	26,219					$	5,327					$	9,373					$	3,940					$	(69)
Noninterest income
Fees and commissions:
Card income						4,793									4,115						26						613						50						(11)
Service charges						4,808									1,890						85						2,553						276						4
Investment and brokerage services						14,656									262						12,456						65						1,883						(10)
Investment banking fees						4,964									—						199						2,769						2,181						(185)
Total fees and commissions						29,221									6,267						12,766						6,000						4,390						(202)
Market making and similar activities						9,940									19						93						207						10,063						(442)
Other income (loss)						1,223									(33)						79						2,290						399						(1,512)
Total noninterest income (loss)						40,384									6,253						12,938						8,497						14,852						(2,156)
Total revenue, net of interest expense						85,174									32,472						18,265						17,870						18,792						(2,225)
Provision for credit losses						4,367									3,583						38						700						59						(13)
Noninterest expense						52,290									16,968						13,874						9,298						11,512						638
Income (loss) before income taxes						28,517									11,921						4,353						7,872						7,221						(2,850)
Income tax expense (benefit)						5,655									2,980						1,088						2,165						2,094						(2,672)
Net income (loss)						$	22,862								$	8,941					$	3,265					$	5,707					$	5,127					$	(178)
Average
Total loans and leases						$	1,125,293								$	318,178					$	238,457					$	385,062					$	175,777					$	7,819
Total assets (1)						3,404,555									1,030,874						323,735						702,678						1,005,714						341,554
Total deposits						1,974,630									948,983						279,883						603,591						38,141						104,032
Period end
Total loans and leases						$	1,165,900								$	321,905					$	252,986					$	386,828					$	196,759					$	7,422
Total assets (1)						3,403,149									1,032,826						325,605						737,640						997,908						309,170
Total deposits						2,002,208									949,100						278,931						640,801						36,883						96,493

(1)Total assets include asset allocations to match liabilities (i.e., deposits).

Current-period information is preliminary and based on company data available at the time of the presentation. 13

Bank of America Corporation and Subsidiaries
Consumer Banking Segment Results
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Net interest income			$	27,630					$	26,219								$	9,431					$	9,206					$	8,993					$	9,090					$	8,988
Noninterest income:
Card income			3,951						4,115									1,332						1,346						1,273						1,341						1,403
Service charges			1,918						1,890									641						639						638						638						645
All other income			458						248									168						145						145						132						130
Total noninterest income			6,327						6,253									2,141						2,130						2,056						2,111						2,178
Total revenue, net of interest expense			33,957						32,472									11,572						11,336						11,049						11,201						11,166
Provision for credit losses			3,337						3,583									1,045						1,160						1,132						1,066						1,009
Noninterest expense			17,471						16,968									5,833						5,801						5,837						5,729						5,575
Income before income taxes			13,149						11,921									4,694						4,375						4,080						4,406						4,582
Income tax expense			3,287						2,980									1,173						1,094						1,020						1,102						1,145
Net income			$	9,862					$	8,941								$	3,521					$	3,281					$	3,060					$	3,304					$	3,437
Net interest yield			3.70		%				3.53		%							3.76		%				3.68		%				3.66		%				3.64		%				3.59		%
Efficiency ratio			51.45						52.25									50.40						51.18						52.82						51.15						49.92
Return on average allocated capital (1)			29						27									31						29						27						30						31
Balance Sheet
Average
Total loans and leases			$	321,387					$	318,178								$	320,953					$	321,056					$	322,164					$	322,678					$	320,297
Total earning assets (2)			997,864						993,484									994,343						1,002,799						996,431						989,897						992,007
Total assets (2)			1,036,245						1,030,874									1,032,792						1,041,292						1,034,670						1,027,783						1,029,529
Total deposits			952,126						948,983									948,635						956,957						950,809						945,394						947,414
Allocated capital (1)			45,500						44,000									45,500						45,500						45,500						44,000						44,000
Period end
Total loans and leases			$	321,968					$	321,905								$	321,968					$	322,271					$	321,196					$	325,871					$	321,905
Total earning assets (2)			994,547						994,931									994,547						999,457						1,019,832						998,969						994,931
Total assets (2)			1,034,324						1,032,826									1,034,324						1,039,051						1,058,618						1,039,346						1,032,826
Total deposits			949,142						949,100									949,142						953,195						973,306						956,265						949,100

(1)    Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.

(2)    Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity.

Current-period information is preliminary and based on company data available at the time of the presentation. 14

Bank of America Corporation and Subsidiaries
Consumer Banking Key Indicators
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Average deposit balances
Checking			$	563,092					$	553,681								$	561,088					$	567,531					$	560,652					$	555,202					$	553,438
Savings			51,205						52,630									50,561						51,807						51,256						50,843						51,840
MMS			228,043						237,502									225,660						229,194						229,315						228,437						232,892
CDs and IRAs			106,177						101,566									107,788						104,768						105,954						107,364						105,633
Other			3,609						3,604									3,538						3,657						3,632						3,548						3,611
Total average deposit balances			$	952,126					$	948,983								$	948,635					$	956,957					$	950,809					$	945,394					$	947,414
Deposit spreads (excludes noninterest costs)
Checking			3.15		%				2.89		%							3.22		%				3.15		%				3.07		%				3.02		%				2.96		%
Savings			3.46						3.21									3.53						3.46						3.39						3.33						3.28
MMS			3.65						3.45									3.70						3.64						3.59						3.56						3.52
CDs and IRAs			1.28						1.47									1.28						1.31						1.24						1.25						1.37
Other			3.63						4.19									3.63						3.57						3.68						4.27						4.13
Total deposit spreads			3.08						2.90									3.13						3.08						3.01						2.97						2.94
Consumer investment assets (1)			$	664,439					$	580,391								$	664,439					$	639,517					$	573,254					$	599,110					$	580,391
Active digital banking users (in thousands) (2)			50,381						49,198									50,381						49,834						49,986						49,323						49,198
Active mobile banking users (in thousands) (3)			42,596						41,258									42,596						42,056						41,766						41,427						41,258
Financial centers			3,531						3,649									3,531						3,530						3,540						3,628						3,649
ATMs			14,965						14,920									14,965						14,939						14,902						14,909						14,920
Total credit card (4)
Loans
Average credit card outstandings			$	104,187					$	100,387								$	105,802					$	103,640					$	103,087					$	102,992					$	100,966
Ending credit card outstandings			107,342						102,109									107,342						105,659						102,833						106,027						102,109
Credit quality
Net charge-offs			$	2,702					$	2,835								$	859					$	919					$	924					$	882					$	880
			3.47		%				3.78		%							3.22		%				3.55		%				3.64		%				3.40		%				3.46		%
30+ delinquency			$	2,488					$	2,464								$	2,488					$	2,352					$	2,512					$	2,604					$	2,464
			2.32		%				2.41		%							2.32		%				2.23		%				2.44		%				2.46		%				2.41		%
90+ delinquency			$	1,211					$	1,259								$	1,211					$	1,241					$	1,341					$	1,352					$	1,259
			1.13		%				1.23		%							1.13		%				1.17		%				1.30		%				1.27		%				1.23		%
Other total credit card indicators (4)
Gross interest yield			11.49		%				12.12		%							11.47		%				11.36		%				11.64		%				11.76		%				12.17		%
Risk-adjusted margin			6.63						7.08									6.74						6.47						6.69						7.02						7.48
New accounts (in thousands)			2,899						2,676									1,016						999						884						855						929
Purchase volumes			$	295,727					$	278,138								$	100,878					$	101,877					$	92,972					$	99,622					$	95,116
Debit card data
Purchase volumes			$	480,902					$	439,533								$	164,779					$	164,189					$	151,934					$	155,070					$	150,048
Loan production (5)
Consumer Banking:
First mortgage			$	9,290					$	7,961								$	2,727					$	3,497					$	3,066					$	4,176					$	3,052
Home equity			6,857						6,401									2,453						2,404						2,000						2,159						2,326
Total (6):
First mortgage			$	21,544					$	17,863								$	6,853					$	8,259					$	6,432					$	8,463					$	6,751
Home equity			8,335						7,780									2,974						2,899						2,462						2,620						2,800

(1)    Includes client brokerage assets, deposit sweep balances, brokered certificates of deposit (CDs), and assets under management (AUM) in Consumer Banking.

(2)    Represents mobile and/or online active users over the past 90 days.

(3)    Represents mobile active users over the past 90 days.

(4)    In addition to the credit card portfolio in Consumer Banking, the remaining credit card portfolio is in GWIM.

(5)    Loan production amounts represent the unpaid principal balance of loans and, in the case of home equity, the principal amount of the total line of credit.

(6)    In addition to loan production in Consumer Banking, there is also first mortgage and home equity loan production in GWIM.

Current-period information is preliminary and based on company data available at the time of the presentation. 15

Bank of America Corporation and Subsidiaries
Global Wealth & Investment Management Segment Results
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Net interest income			$	5,713					$	5,327								$	1,963					$	1,888					$	1,862					$	1,870					$	1,800
Noninterest income:
Investment and brokerage services			14,420						12,456									4,956						4,793						4,671						4,563						4,334
All other income			568						482									199						190						179						185						178
Total noninterest income			14,988						12,938									5,155						4,983						4,850						4,748						4,512
Total revenue, net of interest expense			20,701						18,265									7,118						6,871						6,712						6,618						6,312
Provision for credit losses			30						38									17						11						2						(3)						4
Noninterest expense			14,962						13,874									5,048						4,976						4,938						4,747						4,622
Income before income taxes			5,709						4,353									2,053						1,884						1,772						1,874						1,686
Income tax expense			1,427						1,088									513						471						443						469						421
Net income			$	4,282					$	3,265								$	1,540					$	1,413					$	1,329					$	1,405					$	1,265
Net interest yield			2.42		%				2.30		%							2.49		%				2.42		%				2.37		%				2.39		%				2.33		%
Efficiency ratio			72.27						75.96									70.91						72.41						73.58						71.75						73.22
Return on average allocated capital (1)			26						22									28						26						24						28						26
Balance Sheet
Average
Total loans and leases			$	270,410					$	238,457								$	278,642					$	270,257					$	262,150					$	256,968					$	245,523
Total earning assets (2)			314,976						309,882									312,385						313,639						318,978						309,916						306,384
Total assets (2)			329,461						323,735									326,364						328,688						333,409						324,446						320,484
Total deposits			282,341						279,883									278,937						281,593						286,578						279,456						276,534
Allocated capital (1)			22,250						19,750									22,250						22,250						22,250						19,750						19,750
Period end
Total loans and leases			$	283,377					$	252,986								$	283,377					$	276,980					$	264,070					$	261,303					$	252,986
Total earning assets (2)			315,159						310,732									315,159						311,564						321,554						320,899						310,732
Total assets (2)			328,816						325,605									328,816						327,667						336,511						335,495						325,605
Total deposits			279,723						278,931									279,723						278,155						287,719						289,854						278,931

(1)Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.

(2)Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity.

Current-period information is preliminary and based on company data available at the time of the presentation. 16

Bank of America Corporation and Subsidiaries
Global Wealth & Investment Management Key Indicators
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Revenue by Business
Merrill Wealth Management			$	17,195					$	15,222								$	5,905					$	5,711					$	5,579					$	5,494					$	5,261
Bank of America Private Bank			3,506						3,043									1,213						1,160						1,133						1,124						1,051
Total revenue, net of interest expense			$	20,701					$	18,265								$	7,118					$	6,871					$	6,712					$	6,618					$	6,312
Client Balances by Business, at period end
Merrill Wealth Management			$	4,240,601					$	3,896,124								$	4,240,601					$	4,132,451					$	3,815,389					$	3,992,312					$	3,896,124
Bank of America Private Bank			816,186						744,675									816,186						801,945						757,017						759,082						744,675
Total client balances			$	5,056,787					$	4,640,799								$	5,056,787					$	4,934,396					$	4,572,406					$	4,751,394					$	4,640,799
Client Balances by Type, at period end
Assets under management (1)			$	2,370,848					$	2,109,946								$	2,370,848					$	2,327,766					$	2,115,782					$	2,177,708					$	2,109,946
Brokerage and other assets			2,164,406						2,040,748									2,164,406						2,094,157						1,946,617						2,067,937						2,040,748
Deposits			279,723						278,931									279,723						278,155						287,719						289,854						278,931
Loans and leases (2)			286,092						255,381									286,092						279,618						266,657						263,819						255,381
Less: Managed deposits in assets under management			(44,282)						(44,207)									(44,282)						(45,300)						(44,369)						(47,924)						(44,207)
Total client balances			$	5,056,787					$	4,640,799								$	5,056,787					$	4,934,396					$	4,572,406					$	4,751,394					$	4,640,799
Assets Under Management Rollforward
Assets under management, beginning balance			$	2,177,708					$	1,882,211								$	2,327,766					$	2,115,782					$	2,177,708					$	2,109,946					$	1,986,523
Net client flows			54,025						61,788									19,980						13,673						20,372						20,209						23,517
Market valuation/other			139,115						165,947									23,102						198,311						(82,298)						47,553						99,906
Total assets under management, ending balance			$	2,370,848					$	2,109,946								$	2,370,848					$	2,327,766					$	2,115,782					$	2,177,708					$	2,109,946

(1)Defined as managed assets under advisory and/or discretion of GWIM.

(2)Includes margin receivables, which are classified in customer and other receivables on the Consolidated Balance Sheet.

Current-period information is preliminary and based on company data available at the time of the presentation. 17

Bank of America Corporation and Subsidiaries
Global Banking Segment Results
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Net interest income			$	9,687					$	9,373								$	3,259					$	3,198					$	3,230					$	3,238					$	3,141
Noninterest income:
Service charges			2,766						2,553									930						932						904						885						863
Investment banking fees			3,172						2,769									971						1,154						1,047						973						1,155
All other income			3,103						3,175									1,045						952						1,106						1,142						1,030
Total noninterest income			9,041						8,497									2,946						3,038						3,057						3,000						3,048
Total revenue, net of interest expense			18,728						17,870									6,205						6,236						6,287						6,238						6,189
Provision for credit losses			610						700									210						215						185						243						269
Noninterest expense			9,672						9,298									3,250						3,199						3,223						3,118						3,044
Income before income taxes			8,446						7,872									2,745						2,822						2,879						2,877						2,876
Income tax expense			2,323						2,165									755						776						792						791						791
Net income			$	6,123					$	5,707								$	1,990					$	2,046					$	2,087					$	2,086					$	2,085
Net interest yield			1.87		%				1.97		%							1.83		%				1.86		%				1.91		%				1.86		%				1.87		%
Efficiency ratio			51.64						52.03									52.36						51.30						51.27						50.01						49.16
Return on average allocated capital (1)			15						15									15						15						16						16						16
Balance Sheet
Average
Total loans and leases			$	409,825					$	385,062								$	418,883					$	413,364					$	396,988					$	386,319					$	388,482
Total earning assets (2)			693,506						637,605									704,930						689,980						685,393						690,069						665,143
Total assets (2)			758,056						702,678									769,684						754,368						749,898						754,999						730,206
Total deposits			656,090						603,591									668,588						651,867						647,583						656,120						631,560
Allocated capital (1)			54,250						50,750									54,250						54,250						54,250						50,750						50,750
Period end
Total loans and leases			$	428,146					$	386,828								$	428,146					$	412,294					$	406,982					$	388,998					$	386,828
Total earning assets (2)			719,228						671,971									719,228						695,499						681,219						671,354						671,971
Total assets (2)			784,081						737,640									784,081						761,395						745,299						734,710						737,640
Total deposits			683,867						640,801									683,867						662,867						647,018						641,211						640,801

(1)Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.

(2)Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity.

Current-period information is preliminary and based on company data available at the time of the presentation. 18

Bank of America Corporation and Subsidiaries
Global Banking Key Indicators
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Investment Banking fees (1)
Advisory (2)			$	1,436					$	1,166								$	422					$	517					$	497					$	541					$	536
Debt issuance			1,234						1,227									397						417						420						321						472
Equity issuance			502						376									152						220						130						111						147
Total Investment Banking fees (3)			$	3,172					$	2,769								$	971					$	1,154					$	1,047					$	973					$	1,155
Business Lending
Corporate			$	3,002					$	3,000								$	1,017					$	893					$	1,092					$	1,031					$	1,045
Commercial			3,367						3,385									1,112						1,118						1,137						1,181						1,135
Business Banking			148						165									50						50						48						51						56
Total Business Lending revenue			$	6,517					$	6,550								$	2,179					$	2,061					$	2,277					$	2,263					$	2,236
Global Transaction Services
Corporate			$	4,218					$	3,884								$	1,413					$	1,399					$	1,406					$	1,415					$	1,326
Commercial			3,405						3,093									1,192						1,118						1,095						1,131						1,043
Business Banking			1,222						1,091									435						403						384						397						370
Total Global Transaction Services revenue			$	8,845					$	8,068								$	3,040					$	2,920					$	2,885					$	2,943					$	2,739
Average deposit balances
Interest-bearing			$	501,379					$	453,341								$	511,953					$	498,484					$	493,498					$	502,455					$	483,285
Noninterest-bearing			154,711						150,250									156,635						153,383						154,085						153,665						148,275
Total average deposits			$	656,090					$	603,591								$	668,588					$	651,867					$	647,583					$	656,120					$	631,560
Provision for credit losses			$	610					$	700								$	210					$	215					$	185					$	243					$	269
Credit quality (4, 5)
Reservable criticized utilized exposure			$	16,850					$	22,637								$	16,850					$	18,639					$	20,576					$	21,010					$	22,637
			3.71		%				5.55		%							3.71		%				4.27		%				4.79		%				5.11		%				5.55		%
Nonperforming loans, leases and foreclosed properties			$	2,450					$	2,395								$	2,450					$	2,577					$	2,550					$	2,620					$	2,395
			0.57		%				0.62		%							0.57		%				0.63		%				0.63		%				0.68		%				0.62		%
Average loans and leases by product
U.S. commercial			$	257,115					$	240,725								$	260,864					$	260,750					$	249,606					$	242,890					$	244,131
Non-U.S. commercial			84,522						79,547									87,763						84,824						80,905						78,363						79,811
Commercial real estate			52,023						48,528									54,403						51,696						49,922						48,313						48,256
Commercial lease financing			16,165						16,261									15,853						16,094						16,555						16,752						16,282
Other			—						1									—						—						—						1						2
Total average loans and leases			$	409,825					$	385,062								$	418,883					$	413,364					$	396,988					$	386,319					$	388,482
Total Corporation Investment Banking fees
Advisory (2)			$	1,582					$	1,300								$	471					$	558					$	553					$	590					$	583
Debt issuance			3,057						2,888									958						1,113						986						810						1,109
Equity issuance			1,283						962									395						535						353						297						362
Total investment banking fees including self-led deals			5,922						5,150									1,824						2,206						1,892						1,697						2,054
Self-led deals			(144)						(186)									(25)						(68)						(51)						(31)						(41)
Total Investment Banking fees			$	5,778					$	4,964								$	1,799					$	2,138					$	1,841					$	1,666					$	2,013

(1)Investment banking fees represent total investment banking fees for Global Banking inclusive of self-led deals and fees included within Business Lending.

(2)Advisory includes fees on debt and equity advisory and mergers and acquisitions.

(3)Investment banking fees represent only the fee component in Global Banking and do not include certain other items shared with the Investment Banking Group under internal revenue sharing agreements.

(4)Criticized exposure corresponds to the Special Mention, Substandard and Doubtful asset categories defined by regulatory authorities. The reservable criticized exposure is on an end-of-period basis and is also shown as a percentage of total commercial reservable utilized exposure, including loans and leases, standby letters of credit, financial guarantees, commercial letters of credit and bankers’ acceptances.

(5)Nonperforming loans, leases and foreclosed properties are on an end-of-period basis. The nonperforming ratio is calculated as nonperforming assets divided by loans, leases and foreclosed properties.

Current-period information is preliminary and based on company data available at the time of the presentation. 19

Bank of America Corporation and Subsidiaries
Global Markets Segment Results
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Net interest income			$	5,780					$	3,940								$	2,008					$	1,911					$	1,861					$	1,750					$	1,484
Noninterest income:
Investment and brokerage services			2,172						1,883									683						729						760						628						614
Investment banking fees			2,494						2,181									767						965						762						656						834
Market making and similar activities			10,697						10,063									2,554						4,422						3,721						2,001						3,141
All other income			(145)						725									(145)						(5)						5						269						152
Total noninterest income			15,218						14,852									3,859						6,111						5,248						3,554						4,741
Total revenue, net of interest expense (1)			20,998						18,792									5,867						8,022						7,109						5,304						6,225
Provision for credit losses			19						59									3						(11)						27						12						9
Noninterest expense			13,049						11,512									4,195						4,484						4,370						3,906						3,895
Income before income taxes			7,930						7,221									1,669						3,549						2,712						1,386						2,321
Income tax expense			2,062						2,094									434						923						705						402						673
Net income			$	5,868					$	5,127								$	1,235					$	2,626					$	2,007					$	984					$	1,648
Efficiency ratio			62.15		%				61.26		%							71.51		%				55.90		%				61.47		%				73.64		%				62.58		%
Return on average allocated capital (2)			15						14									9						20						15						8						13
Balance Sheet
Average
Total trading-related assets			$	735,415					$	681,789								$	729,338					$	746,938					$	729,973					$	666,609					$	676,621
Total loans and leases			202,290						175,777									200,645						204,994						201,237						197,822						190,994
Total earning assets			876,507						802,377									869,392						885,914						874,270						820,324						813,197
Total assets			1,104,606						1,005,714									1,091,797						1,120,548						1,101,576						1,026,282						1,024,300
Total deposits			38,725						38,141									38,309						38,129						39,752						37,875						37,588
Allocated capital (2)			53,500						49,000									53,500						53,500						53,500						49,000						49,000
Period end
Total trading-related assets			$	681,904					$	638,176								$	681,904					$	733,711					$	727,035					$	670,949					$	638,176
Total loans and leases			210,590						196,759									210,590						198,678						205,941						202,733						196,759
Total earning assets			825,364						793,246									825,364						873,890						866,402						814,196						793,246
Total assets			1,052,335						997,908									1,052,335						1,106,999						1,091,745						1,032,858						997,908
Total deposits			38,449						36,883									38,449						38,146						38,012						40,614						36,883
Trading-related assets (average)
Trading account securities			$	373,323					$	350,777								$	361,207					$	371,536					$	387,514					$	357,802					$	361,610
Reverse repurchases			163,240						150,511									164,491						168,093						157,053						132,317						138,908
Securities borrowed			150,829						139,764									152,239						159,969						140,148						135,904						135,615
Derivative assets			48,023						40,737									51,401						47,340						45,258						40,586						40,488
Total trading-related assets			$	735,415					$	681,789								$	729,338					$	746,938					$	729,973					$	666,609					$	676,621

(1)Substantially all of Global Markets total revenue is sales and trading revenue and investment banking fees, with a small portion related to certain revenue sharing agreements with other business segments. For additional sales and trading revenue information, see page 21.

(2)Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.

Current-period information is preliminary and based on company data available at the time of the presentation. 20

Bank of America Corporation and Subsidiaries
Global Markets Key Indicators
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Sales and trading revenue (1)
Fixed-income, currencies and commodities			$	9,586					$	9,766								$	2,565					$	3,476					$	3,545					$	2,501					$	3,092
Equities			8,974						6,589									2,510						3,622						2,842						2,015						2,270
Total sales and trading revenue			$	18,560					$	16,355								$	5,075					$	7,098					$	6,387					$	4,516					$	5,362
Sales and trading revenue, excluding net debit valuation adjustment (2,3)
Fixed-income, currencies and commodities			$	9,580					$	9,791								$	2,548					$	3,536					$	3,496					$	2,517					$	3,078
Equities			8,954						6,582									2,507						3,619						2,828						2,016						2,270
Total sales and trading revenue, excluding net debit valuation adjustment			$	18,534					$	16,373								$	5,055					$	7,155					$	6,324					$	4,533					$	5,348
Sales and trading revenue breakdown
Net interest income			$	5,325					$	3,493								$	1,868					$	1,765					$	1,692					$	1,612					$	1,340
Commissions			2,172						1,882									684						728						760						628						614
Trading			10,696						10,061									2,554						4,421						3,721						2,001						3,140
Other			367						919									(31)						184						214						275						268
Total sales and trading revenue			$	18,560					$	16,355								$	5,075					$	7,098					$	6,387					$	4,516					$	5,362

(1)    Includes Global Banking sales and trading revenue of $644 million and $347 million for the nine months ended September 30, 2026 and 2025, $175 million, $227 million and $242 million for the third, second and first quarters of 2026, and $183 million and $172 million for the fourth and third and quarters of 2025, respectively.

(2)    For this presentation, sales and trading revenue excludes net debit valuation adjustment (DVA) gains (losses), which include net DVA on derivatives, as well as amortization of own credit portion of purchase discount and realized DVA on structured liabilities. Sales and trading revenue excluding net DVA gains (losses) represents a non-GAAP financial measure. We believe the use of this non-GAAP financial measure provides additional useful information to assess the underlying performance of these businesses and to allow better comparison of period-to-period operating performance.

(3)Net DVA gains (losses) were $26 million and $(18) million for the nine months ended September 30, 2026 and 2025, $20 million, $(57) million and $63 million for the third, second and first quarters of 2026, and $(17) million and $14 million for the fourth and third quarters of 2025, respectively. FICC net DVA gains (losses) were $6 million and $(25) million for the nine months ended September 30, 2026 and 2025, $17 million, $(60) million and $49 million for the third, second and first quarters of 2026, and $(16) million and $14 million for the fourth and third quarters of 2025, respectively. Equities net DVA gains (losses) were $20 million and $7 million for the nine months ended September 30, 2026 and 2025, $3 million, $3 million and $14 million for the third, second and first quarters of 2026, and $(1) million and $0 for the fourth and third quarters of 2025, respectively.

Current-period information is preliminary and based on company data available at the time of the presentation. 21

Bank of America Corporation and Subsidiaries
All Other Results (1)
(Dollars in millions)
			Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
			2026						2025
Net interest income			$	(133)					$	(69)								$	(51)					$	(43)					$	(39)					$	(33)					$	(26)
Noninterest income (loss)			(1,977)						(2,156)									(592)						(701)						(684)						(796)						(672)
Total revenue, net of interest expense			(2,110)						(2,225)									(643)						(744)						(723)						(829)						(698)
Provision for credit losses			(24)						(13)									(6)						(9)						(9)						(10)						4
Noninterest expense			1,726						638									1,396						167						163						(63)						201
Loss before income taxes			(3,812)						(2,850)									(2,033)						(902)						(877)						(756)						(903)
Income tax expense (benefit)			(2,268)						(2,672)									(680)						(610)						(978)						(624)						(800)
Net income (loss)			$	(1,544)					$	(178)								$	(1,353)					$	(292)					$	101					$	(132)					$	(103)
Balance Sheet
Average
Total loans and leases			$	6,910					$	7,819								$	6,895					$	6,848					$	6,989					$	7,108					$	7,739
Total assets (2)			276,790						341,554									251,224						286,672						292,937						294,281						328,928
Total deposits			91,390						104,032									87,614						94,404						92,207						93,678						98,338
Period end
Total loans and leases			$	7,179					$	7,422								$	7,179					$	7,396					$	6,846					$	6,795					$	7,422
Total assets (3)			228,148						309,170									228,148						264,079						264,013						269,329						309,170
Total deposits			87,577						96,493									87,577						92,761						91,608						90,785						96,493

(1)All Other primarily consists of asset and liability management (ALM) activities, liquidating businesses and certain expenses not otherwise allocated to a business segment. ALM activities encompass interest rate and foreign currency risk management activities for which substantially all of the results are allocated to our business segments.

(2)Includes elimination of segments’ excess asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity of $987.8 billion and $984.3 billion for the nine months ended September 30, 2026 and 2025, and $976.8 billion, $984.1 billion, $1.0 trillion, $1.0 trillion and $994.4 billion for the third, second and first quarters of 2026, and the fourth and third quarters of 2025, respectively.

(3)Includes elimination of segments’ excess asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity of $981.7 billion and $982.1 billion at September 30, 2026 and June 30, 2026, and $1.0 trillion at March 31, 2026, December 31, 2025 and September 30, 2025.

Current-period information is preliminary and based on company data available at the time of the presentation. 22

Bank of America Corporation and Subsidiaries
Outstanding Loans and Leases
(Dollars in millions)
			September 30 2026						June 30 2026						September 30 2025
Consumer
Residential mortgage			$	236,522					$	236,316					$	235,429
Home equity			27,417						27,114						26,482
Credit card			107,342						105,659						102,109
Direct/Indirect consumer (1)			119,356						118,327						111,412
Other consumer (2)			156						182						169
Total consumer loans excluding loans accounted for under the fair value option			490,793						487,598						475,601
Consumer loans accounted for under the fair value option (3)			156						159						165
Total consumer			490,949						487,757						475,766
Commercial
U.S. commercial			472,395						456,632						429,202
Non-U.S. commercial			170,299						159,894						148,707
Commercial real estate (4)			75,222						71,097						66,986
Commercial lease financing			15,265						15,402						16,282
			733,181						703,025						661,177
U.S. small business commercial			23,945						23,637						22,428
Total commercial loans excluding loans accounted for under the fair value option			757,126						726,662						683,605
Commercial loans accounted for under the fair value option (3)			3,185						3,200						6,529
Total commercial			760,311						729,862						690,134
Total loans and leases			$	1,251,260					$	1,217,619					$	1,165,900

(1)Includes primarily auto and specialty lending loans and leases of $50.9 billion, $52.4 billion and $55.1 billion, U.S. securities-based lending loans of $64.3 billion, $61.9 billion and $52.5 billion and non-U.S. consumer loans of $3.3 billion, $3.2 billion and $3.0 billion at September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

(2)Substantially all of other consumer is consumer overdrafts.

(3)Consumer loans accounted for under the fair value option includes residential mortgage loans of $52 million, $55 million and $59 million and home equity loans of $104 million, $104 million and $106 million at September 30, 2026, June 30, 2026 and September 30, 2025, respectively. Commercial loans accounted for under the fair value option includes U.S. commercial loans of $2.1 billion, $2.2 billion and $2.2 billion and non-U.S. commercial loans of $1.0 billion, $1.0 billion and $4.3 billion at September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

(4)Includes U.S. commercial real estate loans of $69.0 billion, $65.9 billion and $61.1 billion and non-U.S. commercial real estate loans of $6.3 billion, $5.2 billion and $5.9 billion at September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

Current-period information is preliminary and based on company data available at the time of the presentation. 23

Bank of America Corporation and Subsidiaries
Quarterly Average Loans and Leases by Business Segment and All Other
(Dollars in millions)
			Third Quarter 2026
			Total Corporation									Consumer Banking						GWIM						Global Banking						Global Markets						All  Other
Consumer
Residential mortgage			$	236,433								$	115,104					$	113,112					$	—					$	2,953					$	5,264
Home equity			27,370									23,277						3,054						—						95						944
Credit card			105,802									102,097						3,706						—						—						(1)
Direct/Indirect and other consumer			118,423									51,697						66,722						—						—						4
Total consumer			488,028									292,175						186,594						—						3,048						6,211
Commercial
U.S. commercial			485,010									28,754						82,371						260,864						112,824						197
Non-U.S. commercial			164,025									—						661						87,763						74,887						714
Commercial real estate			73,346									24						9,016						54,403						9,886						17
Commercial lease financing			15,609									—						—						15,853						—						(244)
Total commercial			737,990									28,778						92,048						418,883						197,597						684
Total loans and leases			$	1,226,018								$	320,953					$	278,642					$	418,883					$	200,645					$	6,895
			Second Quarter 2026
			Total Corporation									Consumer Banking						GWIM						Global Banking						Global Markets						All  Other
Consumer
Residential mortgage			$	236,187								$	115,760					$	111,950					$	—					$	3,050					$	5,427
Home equity			27,099									23,043						2,970						—						94						992
Credit card			103,640									100,005						3,635						—						—						—
Direct/Indirect and other consumer			116,455									53,442						63,010						—						—						3
Total consumer			483,381									292,250						181,565						—						3,144						6,422
Commercial
U.S. commercial			482,510									28,783						78,795						260,750						114,038						144
Non-U.S. commercial			164,502									—						675						84,824						78,491						512
Commercial real estate			70,280									23						9,222						51,696						9,321						18
Commercial lease financing			15,846									—						—						16,094						—						(248)
Total commercial			733,138									28,806						88,692						413,364						201,850						426
Total loans and leases			$	1,216,519								$	321,056					$	270,257					$	413,364					$	204,994					$	6,848
			Third Quarter 2025
			Total Corporation									Consumer Banking						GWIM						Global Banking						Global Markets						All  Other
Consumer
Residential mortgage			$	235,301								$	116,968					$	109,023					$	2					$	3,395					$	5,913
Home equity			26,413									22,404						2,783						—						101						1,125
Credit card			100,966									97,481						3,485						—						—						—
Direct/Indirect and other consumer			110,127									55,151						54,973						—						—						3
Total consumer			472,807									292,004						170,264						2						3,496						7,041
Commercial
U.S. commercial			443,274									28,271						66,143						244,131						104,599						130
Non-U.S. commercial			154,458									—						643						79,811						73,173						831
Commercial real estate			66,494									22						8,473						48,256						9,726						17
Commercial lease financing			16,002									—						—						16,282						—						(280)
Total commercial			680,228									28,293						75,259						388,480						187,498						698
Total loans and leases			$	1,153,035								$	320,297					$	245,523					$	388,482					$	190,994					$	7,739

Current-period information is preliminary and based on company data available at the time of the presentation. 24

Bank of America Corporation and Subsidiaries
Commercial Credit Exposure by Industry (1, 2, 3, 4)
(Dollars in millions)
			Commercial Utilized																		Total Commercial Committed
			September 30 2026						June 30 2026						September 30 2025						September 30 2026						June 30 2026						September 30 2025
Asset managers and funds			$	168,022					$	158,972					$	145,980					$	257,435					$	244,880					$	223,876
Finance companies			100,138						92,461						85,106						135,102						129,861						121,131
Capital goods			56,350						56,536						54,930						118,771						119,644						106,394
Real estate(5)			74,731						70,197						69,485						106,632						99,742						97,680
Healthcare equipment and services			39,308						39,552						36,812						72,654						74,237						68,106
Individuals and trusts			52,513						51,250						42,112						66,819						66,984						56,245
Materials			30,078						30,374						29,167						62,261						61,528						60,707
Consumer services			30,645						29,019						30,481						57,498						56,212						55,297
Retailing			28,014						26,404						27,022						57,082						56,795						55,603
Food, beverage and tobacco			25,614						24,802						25,087						55,497						53,498						51,328
Government and public education			33,645						34,112						32,253						52,585						50,651						51,589
Commercial services and supplies			27,566						27,640						24,662						50,269						49,700						46,191
Utilities			20,721						20,560						19,390						48,481						46,788						44,483
Energy			17,108						14,425						12,553						42,453						40,347						36,055
Transportation			25,966						25,826						23,532						42,173						38,852						36,736
Media			15,029						12,303						10,812						37,900						35,445						24,995
Technology hardware and equipment			16,042						14,155						10,269						36,125						35,373						30,031
Software and services			16,470						16,308						14,620						34,170						33,089						32,158
Global commercial banks			28,173						24,268						24,329						31,804						27,074						28,344
Insurance			13,332						12,432						11,411						26,667						25,075						23,525
Pharmaceuticals and biotechnology			9,211						8,397						7,097						26,528						26,820						22,463
Vehicle dealers			19,888						19,833						19,113						25,974						25,049						24,665
Consumer durables and apparel			9,812						9,838						9,592						21,861						21,888						21,516
Automobiles and components			7,551						7,348						7,888						17,514						16,291						17,052
Telecommunication services			8,687						6,784						7,025						17,184						17,141						15,628
Food and staples retailing			6,212						5,936						6,103						11,772						11,703						11,250
Financial markets infrastructure (clearinghouses)			6,721						5,013						6,437						9,767						8,368						8,671
Religious and social organizations			2,190						2,301						2,407						4,155						4,247						4,073
Total commercial credit exposure by industry			$	889,737					$	847,046					$	795,675					$	1,527,133					$	1,477,282					$	1,375,792

(1)Includes loans and leases, standby letters of credit and financial guarantees, derivative assets, assets held-for-sale, commercial letters of credit, bankers’ acceptances, securitized assets, foreclosed properties and other collateral acquired. Derivative assets are carried at fair value, reflect the effects of legally enforceable master netting agreements and have been reduced by cash collateral of $83.6 billion, $84.0 billion and $69.3 billion at September 30, 2026, June 30, 2026 and September 30, 2025, respectively. Not reflected in utilized and committed exposure is additional non-cash derivative collateral held of $33.6 billion, $34.0 billion and $27.8 billion, which consists primarily of other marketable securities, at September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

(2)Total utilized and total committed exposure includes loans of $3.2 billion, $3.2 billion and $6.5 billion and issued letters of credit with a notional amount of $85 million, $64 million and $87 million accounted for under the fair value option at September 30, 2026, June 30, 2026 and September 30, 2025, respectively. In addition, total committed exposure includes unfunded loan commitments accounted for under the fair value option with a notional amount of $3.7 billion, $3.2 billion and $2.2 billion at September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

(3)Includes U.S. small business commercial exposure.

(4)Includes the notional amount of unfunded legally binding lending commitments net of amounts distributed (e.g., syndicated or participated) to other financial institutions.

(5)Industries are viewed from a variety of perspectives to best isolate the perceived risks. For purposes of this table, the real estate industry is defined based on the primary business activity of the borrowers or the counterparties using operating cash flows and primary source of repayment as key factors.

Current-period information is preliminary and based on company data available at the time of the presentation. 25

Bank of America Corporation and Subsidiaries
Nonperforming Loans, Leases and Foreclosed Properties
(Dollars in millions)
						September 30 2026						June 30 2026						March 31 2026						December 31 2025						September 30 2025
Residential mortgage						$	2,076					$	2,049					$	2,103					$	2,008					$	1,972
Home equity						366						371						391						392						386
Direct/Indirect consumer						168						170						186						176						173
Total consumer						2,610						2,590						2,680						2,576						2,531
U.S. commercial						1,702						1,674						1,488						1,404						1,131
Non-U.S. commercial						249						312						334						80						107
Commercial real estate						888						1,068						1,191						1,596						1,470
Commercial lease financing						59						62						85						97						59
						2,898						3,116						3,098						3,177						2,767
U.S. small business commercial						36						45						53						51						49
Total commercial						2,934						3,161						3,151						3,228						2,816
Total nonperforming loans and leases						5,544						5,751						5,831						5,804						5,347
Foreclosed properties						105						119						102						101						123
Total nonperforming loans, leases, and foreclosed properties (1, 2)						$	5,649					$	5,870					$	5,933					$	5,905					$	5,470
Fully-insured home loans past due 30 days or more and still accruing						$	415					$	420					$	458					$	450					$	439
Consumer credit card past due 30 days or more and still accruing						2,488						2,352						2,512						2,604						2,464
Other loans past due 30 days or more and still accruing						3,757						3,220						4,248						3,834						3,637
Total loans past due 30 days or more and still accruing (3, 4)						$	6,660					$	5,992					$	7,218					$	6,888					$	6,540
Fully-insured home loans past due 90 days or more and still accruing						$	218					$	219					$	240					$	207					$	201
Consumer credit card past due 90 days or more and still accruing						1,211						1,241						1,341						1,351						1,260
Other loans past due 90 days or more and still accruing						475						402						436						563						637
Total loans past due 90 days or more and still accruing (4)						$	1,904					$	1,862					$	2,017					$	2,121					$	2,098
Nonperforming loans, leases and foreclosed properties/Total assets (5)						0.16		%				0.17		%				0.17		%				0.17		%				0.16		%
Nonperforming loans, leases and foreclosed properties/Total loans, leases and foreclosed properties (5)						0.45						0.48						0.49						0.50						0.47
Nonperforming loans and leases/Total loans and leases (5)						0.44						0.47						0.49						0.49						0.46
Commercial reservable criticized utilized exposure (6)						$	19,906					$	22,074					$	24,339					$	24,748					$	26,332
Commercial reservable criticized utilized exposure/Commercial reservable utilized exposure (5)						2.49		%				2.89		%				3.21		%				3.37		%				3.67		%
Total commercial criticized utilized exposure/Commercial utilized exposure (6)						2.50						2.90						3.20						3.36						3.62

(1)Balances do not include past due consumer credit card, consumer loans secured by real estate where repayments are insured by the FHA and individually insured long-term stand-by agreements (fully-insured home loans), and in general, other consumer and commercial loans not secured by real estate.

(2)Balances do not include nonperforming loans held-for-sale of $334 million, $358 million, $500 million, $517 million and $521 million at September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively.

(3)Balances do not include loans held-for-sale past due 30 days or more and still accruing of $67 million, $16 million, $4 million, $9 million and $49 million at September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively.

(4)These balances are excluded from total nonperforming loans, leases and foreclosed properties.

(5)Total assets and total loans and leases do not include loans accounted for under the fair value option of $3.3 billion, $3.4 billion, $3.8 billion, $3.5 billion and $6.7 billion at September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively.

(6)Criticized exposure corresponds to the Special Mention, Substandard and Doubtful asset categories defined by regulatory authorities. The reservable criticized exposure excludes loans held-for-sale, exposure accounted for under the fair value option and other nonreservable exposure.

Current-period information is preliminary and based on company data available at the time of the presentation. 26

Bank of America Corporation and Subsidiaries
Nonperforming Loans, Leases and Foreclosed Properties Activity (1)
(Dollars in millions)
						Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
Nonperforming Consumer Loans and Leases:
Balance, beginning of period						$	2,590					$	2,680					$	2,576					$	2,531					$	2,564
Additions						291						305						395						294						253
Reductions:
Paydowns and payoffs						(118)						(135)						(118)						(103)						(137)
Sales						—						(87)						—						—						(1)
Returns to performing status (2)						(133)						(156)						(150)						(131)						(136)
Charge-offs (3)						(15)						(12)						(15)						(10)						(5)
Transfers to foreclosed properties						(5)						(5)						(8)						(5)						(7)
Total net additions (reductions) to nonperforming loans and leases						20						(90)						104						45						(33)
Total nonperforming consumer loans and leases, end of period						2,610						2,590						2,680						2,576						2,531
Foreclosed properties						86						97						92						90						97
Nonperforming consumer loans, leases and foreclosed properties, end of period						$	2,696					$	2,687					$	2,772					$	2,666					$	2,628
Nonperforming Commercial Loans and Leases (4):
Balance, beginning of period						$	3,161					$	3,151					$	3,228					$	2,816					$	3,417
Additions						432						680						665						883						550
Reductions:
Paydowns						(297)						(205)						(278)						(259)						(834)
Sales						(57)						(126)						(225)						(30)						(19)
Returns to performing status (5)						(79)						(71)						(2)						(5)						(12)
Charge-offs						(226)						(254)						(237)						(177)						(286)
Transfers to foreclosed properties						—						(14)						—						—						—
Total net additions (reductions) to nonperforming loans and leases						(227)						10						(77)						412						(601)
Total nonperforming commercial loans and leases, end of period						2,934						3,161						3,151						3,228						2,816
Foreclosed properties						19						22						10						11						26
Nonperforming commercial loans, leases and foreclosed properties, end of period						$	2,953					$	3,183					$	3,161					$	3,239					$	2,842

(1)For amounts excluded from nonperforming loans, leases and foreclosed properties, see footnotes to Nonperforming Loans, Leases and Foreclosed Properties table on page 26.

(2)Consumer loans and leases may be returned to performing status when all principal and interest is current and full repayment of the remaining contractual principal and interest is expected, or when the loan otherwise becomes well-secured and is in the process of collection.

(3)Our policy is not to classify consumer credit card and non-bankruptcy related consumer loans not secured by real estate as nonperforming; therefore, the charge-offs on these loans have no impact on nonperforming activity and, accordingly, are excluded from this table.

(4)Includes U.S. small business commercial activity. Small business card loans are excluded as they are not classified as nonperforming.

(5)Commercial loans and leases may be returned to performing status when all principal and interest is current and full repayment of the remaining contractual principal and interest is expected, or when the loan otherwise becomes well-secured and is in the process of collection.

Current-period information is preliminary and based on company data available at the time of the presentation. 27

Bank of America Corporation and Subsidiaries
Quarterly Net Charge-offs and Net Charge-off Ratios (1)
(Dollars in millions)
			Third Quarter 2026												Second Quarter 2026												First Quarter 2026												Fourth Quarter 2025												Third Quarter 2025
			Amount						Percent						Amount						Percent						Amount						Percent						Amount						Percent						Amount						Percent
Net Charge-offs
Residential mortgage			$	—					—		%				$	1					—		%				$	5					0.01		%				$	(2)					—		%				$	(1)					—		%
Home equity			(5)						(0.08)						(6)						(0.09)						(7)						(0.09)						(8)						(0.12)						(11)						(0.17)
Credit card			859						3.22						919						3.55						924						3.64						882						3.40						880						3.46
Direct/Indirect consumer			61						0.20						56						0.19						74						0.26						63						0.22						55						0.20
Other consumer			82						n/m						70						n/m						63						n/m						57						n/m						55						n/m
Total consumer			997						0.81						1,040						0.86						1,059						0.89						992						0.82						978						0.82
U.S. commercial			80						0.07						180						0.16						132						0.12						92						0.09						135						0.13
Non-U.S. commercial			36						0.09						53						0.13						7						0.02						24						0.06						—						—
Total commercial and industrial			116						0.07						233						0.15						139						0.09						116						0.08						135						0.09
Commercial real estate			105						0.56						2						0.01						56						0.33						46						0.27						120						0.72
Commercial lease financing			(1)						—						—						—						12						0.30						3						0.07						—						—
			220						0.12						235						0.13						207						0.12						165						0.10						255						0.16
U.S. small business commercial			132						2.22						137						2.35						143						2.55						130						2.29						134						2.41
Total commercial			352						0.19						372						0.20						350						0.20						295						0.17						389						0.23
Total net charge-offs			$	1,349					0.44						$	1,412					0.47						$	1,409					0.48						$	1,287					0.44						$	1,367					0.47
By Business Segment and All Other
Consumer Banking			$	1,139					1.41		%				$	1,183					1.48		%				$	1,208					1.52		%				$	1,133					1.39		%				$	1,122					1.39		%
Global Wealth & Investment Management			13						0.02						9						0.01						13						0.02						5						0.01						8						0.01
Global Banking			209						0.20						231						0.23						164						0.17						160						0.17						250						0.26
Global Markets			—						—						—						—						33						0.07						—						—						(1)						—
All Other			(12)						(0.74)						(11)						(0.61)						(9)						(0.58)						(11)						(0.63)						(12)						(0.61)
Total net charge-offs			$	1,349					0.44						$	1,412					0.47						$	1,409					0.48						$	1,287					0.44						$	1,367					0.47

(1)Net charge-off ratios are calculated as annualized net charge-offs divided by average outstanding loans and leases excluding loans accounted for under the fair value option during the period for each loan and lease category.

n/m = not meaningful

Current-period information is preliminary and based on company data available at the time of the presentation. 28

Bank of America Corporation and Subsidiaries
Year-to-Date Net Charge-offs and Net Charge-off Ratios (1)
(Dollars in millions)
			Nine Months Ended September 30
			2026												2025
			Amount						Percent						Amount						Percent
Net Charge-offs
Residential mortgage			$	6					—		%				$	1					—		%
Home equity			(18)						(0.09)						(33)						(0.17)
Credit card			2,702						3.47						2,835						3.78
Direct/Indirect consumer			191						0.22						172						0.21
Other consumer			215						n/m						181						n/m
Total consumer			3,096						0.86						3,156						0.90
U.S. commercial			392						0.12						334						0.11
Non-U.S. commercial			96						0.08						7						0.01
Total commercial and industrial			488						0.11						341						0.08
Commercial real estate			163						0.31						445						0.90
Commercial lease financing			11						0.09						1						0.01
			662						0.13						787						0.17
U.S. small business commercial			412						2.37						401						2.49
Total commercial			1,074						0.20						1,188						0.24
Total net charge-offs			$	4,170					0.46						$	4,344					0.52
By Business Segment and All Other
Consumer Banking			$	3,530					1.47		%				$	3,584					1.51		%
Global Wealth & Investment Management			35						0.02						27						0.02
Global Banking			604						0.20						740						0.26
Global Markets			33						0.02						30						0.02
All Other			(32)						(0.64)						(37)						(0.64)
Total net charge-offs			$	4,170					0.46						$	4,344					0.52

(1)Net charge-off ratios are calculated as net charge-offs divided by average outstanding loans and leases excluding loans accounted for under the fair value option during the period for each loan and lease category.

n/m = not meaningful

Current-period information is preliminary and based on company data available at the time of the presentation. 29

Bank of America Corporation and Subsidiaries
Allocation of the Allowance for Credit Losses by Product Type
(Dollars in millions)
						September 30, 2026												June 30, 2026												September 30, 2025
						Amount												Percent of Loans and Leases Outstanding (1)						Amount												Percent of Loans and Leases Outstanding (1)						Amount												Percent of Loans and Leases Outstanding (1)
Allowance for loan and lease losses
Residential mortgage						$	313											0.13%						$	313											0.13%						$	321											0.14%
Home equity						128												0.47						128												0.47						87												0.33
Credit card						7,012												6.53						7,060												6.68						7,272												7.12
Direct/Indirect consumer						663												0.56						681												0.58						713												0.64
Other consumer						54												n/m						64												n/m						59												n/m
Total consumer						8,170												1.66						8,246												1.69						8,452												1.78
U.S. commercial (2)						3,100												0.62						3,035												0.63						2,896												0.64
Non-U.S. commercial						827												0.49						868												0.54						813												0.55
Commercial real estate						854												1.14						908												1.28						1,045												1.56
Commercial lease financing						54												0.36						57												0.37						46												0.28
Total commercial						4,835												0.64						4,868												0.67						4,800												0.70
Allowance for loan and lease losses						13,005												1.04						13,114												1.08						13,252												1.14
Reserve for unfunded lending commitments						1,179																		1,150																		1,109
Allowance for credit losses						$	14,184																	$	14,264																	$	14,361
Asset Quality Indicators
Allowance for loan and lease losses/Total loans and leases (1)																		1.04%																		1.08%																		1.14%
Allowance for loan and lease losses/Total nonperforming loans and leases																		235																		228																		248
Ratio of the allowance for loan and lease losses/Annualized net charge-offs																		2.43																		2.32																		2.44

(1)Ratios are calculated as allowance for loan and lease losses as a percentage of loans and leases outstanding excluding loans accounted for under the fair value option. For fair value option amounts, see Outstanding Loans and Leases and related footnotes on page 23.

(2)Includes allowance for loan and lease losses for U.S. small business commercial loans of $1.4 billion, $1.4 billion and $1.4 billion at September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

n/m = not meaningful

Current-period information is preliminary and based on company data available at the time of the presentation. 30

Exhibit A: Non-GAAP Reconciliations

Bank of America Corporation and Subsidiaries

Reconciliations to GAAP Financial Measures

(Dollars in millions, except per share information)

The Corporation evaluates its business using certain non-GAAP financial measures, including pretax, pre-provision income and ratios that utilize tangible common equity and tangible assets, each of which is a non-GAAP financial measure. Tangible common equity represents common shareholders’ equity reduced by goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities ("adjusted" common shareholders’ equity). Return on average tangible common shareholders’ equity measures the Corporation’s net income applicable to common shareholders as a percentage of adjusted average common shareholders’ equity. The tangible common equity ratio represents adjusted ending common shareholders’ equity divided by total tangible assets (total assets less goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities). Tangible book value per common share represents adjusted ending common shareholders’ equity divided by ending common shares outstanding. These measures are used to evaluate the Corporation’s use of equity. In addition, profitability, relationship and investment models all use return on average tangible common shareholders’ equity as key measures to support our overall growth goals.

See the tables below for reconciliations of these non-GAAP financial measures to the most directly comparable financial measures defined by GAAP for the nine months ended September 30, 2026 and 2025 and the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in understanding its results of operations and trends. Other companies may define or calculate these non-GAAP financial measures differently.

						Nine Months Ended September 30															Third Quarter 2026						Second Quarter 2026						First Quarter 2026						Fourth Quarter 2025						Third Quarter 2025
						2026						2025
Reconciliation of income before income taxes to pretax, pre-provision income
Income before income taxes						$	30,936					$	28,073								$	8,967					$	11,565					$	10,404					$	9,622					$	10,408
Provision for credit losses						3,972						4,367									1,269						1,366						1,337						1,308						1,295
Pretax, pre-provision income						$	34,908					$	32,440								$	10,236					$	12,931					$	11,741					$	10,930					$	11,703
Reconciliation of average common shareholders’ equity to average tangible common shareholders’ equity
Common shareholders’ equity						$	276,205					$	273,274								$	275,885					$	275,988					$	276,753					$	277,881					$	275,149
Goodwill						(69,021)						(69,021)									(69,021)						(69,021)						(69,021)						(69,021)						(69,021)
Intangible assets (excluding mortgage servicing rights)						(1,815)						(1,893)									(1,797)						(1,815)						(1,834)						(1,853)						(1,873)
Related deferred tax liabilities						820						845									815						820						825						827						839
Tangible common shareholders’ equity						$	206,189					$	203,205								$	205,882					$	205,972					$	206,723					$	207,834					$	205,094
Reconciliation of period-end common shareholders’ equity to period-end tangible common shareholders’ equity
Common shareholders’ equity						$	271,753					$	276,445								$	271,753					$	276,098					$	275,672					$	277,251					$	276,445
Goodwill						(69,021)						(69,021)									(69,021)						(69,021)						(69,021)						(69,021)						(69,021)
Intangible assets (excluding mortgage servicing rights)						(1,784)						(1,860)									(1,784)						(1,803)						(1,821)						(1,841)						(1,860)
Related deferred tax liabilities						812						828									812						816						821						825						828
Tangible common shareholders’ equity						$	201,760					$	206,392								$	201,760					$	206,090					$	205,651					$	207,214					$	206,392
Reconciliation of period-end assets to period-end tangible assets
Assets						$	3,427,704					$	3,403,149								$	3,427,704					$	3,499,191					$	3,496,186					$	3,411,738					$	3,403,149
Goodwill						(69,021)						(69,021)									(69,021)						(69,021)						(69,021)						(69,021)						(69,021)
Intangible assets (excluding mortgage servicing rights)						(1,784)						(1,860)									(1,784)						(1,803)						(1,821)						(1,841)						(1,860)
Related deferred tax liabilities						812						828									812						816						821						825						828
Tangible assets						$	3,357,711					$	3,333,096								$	3,357,711					$	3,429,183					$	3,426,165					$	3,341,701					$	3,333,096
Book value per share of common stock
Common shareholders’ equity						$	271,753					$	276,445								$	271,753					$	276,098					$	275,672					$	277,251					$	276,445
Ending common shares issued and outstanding						6,922.7						7,329.4									6,922.7						7,018.0						7,129.9						7,212.5						7,329.4
Book value per share of common stock						$	39.26					$	37.72								$	39.26					$	39.34					$	38.66					$	38.44					$	37.72
Tangible book value per share of common stock
Tangible common shareholders’ equity						$	201,760					$	206,392								$	201,760					$	206,090					$	205,651					$	207,214					$	206,392
Ending common shares issued and outstanding						6,922.7						7,329.4									6,922.7						7,018.0						7,129.9						7,212.5						7,329.4
Tangible book value per share of common stock						$	29.14					$	28.16								$	29.14					$	29.37					$	28.84					$	28.73					$	28.16

Current-period information is preliminary and based on company data available at the time of the presentation. 31

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