Bank of America Corporation reported third-quarter and nine-month 2026 results: net income was $6.933 billion for the quarter, down from $8.332 billion a year earlier, and $24.591 billion for nine months, up from $22.862 billion. Third-quarter total revenue, net of interest expense, was $29.958 billion versus $29.040 billion, while net interest income rose to $16.449 billion from $15.233 billion. The quarterly net income decline primarily reflected higher noninterest expense and lower noninterest income, partly offset by higher net interest income.
A $1.2 billion non-tax-deductible charge for civil money penalties under OCC and FinCEN consent orders and an OFAC settlement agreement was recorded in third-quarter noninterest expense; regulators announced the resolutions October 13, 2026. The Board declared a $0.32-per-share quarterly common dividend payable December 24, 2026 to holders of record December 4, 2026. BAC repurchased $6.0 billion of common stock in the quarter. On October 23, 2026, it issued 80,000 shares of Series WW preferred stock for $2.0 billion. At September 30, 2026, its Standardized-approach CET1 ratio was 10.9% against a 10.0% minimum; the Method 2 G-SIB surcharge will rise to 3.5% on January 1, 2027, increasing the minimum CET1 requirement by 50 basis points.
Bank of America Corp director William B. Thomas acquired 2,930 common shares on October 21, 2026, as prorated payment of annual compensation for director services under the Bank of America Corporation Equity Plan. He also delivered 1,170 shares to the issuer to satisfy a tax-withholding obligation, at a reported price of $50.78 per share. A separate holding entry lists 6,000 shares held indirectly through 2370985 Ontario Inc. as of October 21, 2026.
Bank of America Corp. director James R. Fitterling acquired 2,930.68 phantom stock units on October 21, 2026, as prorated annual director compensation under the Director Deferral Plan. Each unit is the economic equivalent of one common share. The acquisition is exempt under Rule 16b-3; the units may be settled in cash upon death or termination of service as a director.
Bank of America Corp (BAC) director William B. Thomas reports an indirect holding of 6,000 shares of common stock through 2370985 Ontario Inc, as of October 21, 2026.
Bank of America Corp. (BAC) is identified as the issuer in a Form 3 naming James R. Fitterling as a director.
Bank of America Corporation (BAC) increased its board from 12 to 14 directors and appointed James Fitterling and William Thomas, effective immediately on October 21, 2026. Fitterling is Dow Inc.’s Executive Chairman and former President and Chief Executive Officer; Thomas is the former Global Chairman and Chief Executive Officer of KPMG International Limited.
Fitterling joined the Enterprise Risk Committee and Compensation and Human Capital Committee; Thomas joined the Audit Committee and Corporate Governance Committee. Both will receive non-employee director compensation under the company’s program, including restricted stock and cash awards to be granted on October 21, 2026, prorated from their appointment date to the next annual shareholders’ meeting.
Bank of America Corporation Chair and CEO Brian T. Moynihan reported transactions on October 15, 2026 involving 18,083 2026 cash-settled restricted stock units, each economically equivalent to one common share. The records list 18,083 common shares acquired and 18,083 shares returned to the issuer at $51.70 per share. The units were granted February 13, 2026 and vest and become payable solely in cash in monthly installments. The reported post-transaction position was 72,332 units; indirect holdings included 3,648.364 common-share equivalents in a 401(k) plan and 100,000 shares by trust.
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.
BANK OF AMERICA CORP (BAC) reported that Chair and CEO Brian T. Moynihan on September 15, 2026 exercised 18,082 cash-settled restricted stock units that are economically equivalent to Bank of America common stock, resulting in the acquisition of 18,082 common shares.
The same day, 18,082 common shares were returned to the issuer at $59.52 per share, so this sequence of transactions effectively left his direct common share position from this award unchanged while reducing the reported balance of these cash-settled units to 90,415. Indirect holdings after these transactions include 3,623.132 common shares in a 401(k) plan and 100,000 common shares held by a trust. No transactions are reported as made under a Rule 10b5-1 trading plan.
BANK OF AMERICA CORP (symbol: BAC) is the issuer of record for a Form 4 filing submitted to the SEC. Okpara Johnbull reported disposition transactions in this Form 4 filing.
BANK OF AMERICA CORP (BAC) reported that Chief Accounting Officer Johnbull Okpara had 50 depositary shares of Preferred Stock, Series DD (each representing a 1/25th interest in a share) redeemed by the issuer on March 10, 2026 at $1,000.00 per depositary share. All shares and depositary shares of this preferred series were redeemed by the company, and dividends on the redeemed depositary shares ceased to accrue on the redemption date. After this redemption, Okpara holds no Preferred Stock, Series DD and directly holds 27,749 shares of Common Stock.