B · Normal
[Bank of America’s net profit in the third quarter was US$6.9 billion, adjusted earnings per share of US$1.08] On October 14, Bank of America announced its third quarter results for 2026, with revenue of US$30 billion, a year-on-year increase of 3%; net profit of US$6.9 billion, compared with US$8.3 billion in the same period last year; diluted earnings per share were US$0.91, compared with US$1.04 in the same period last year. After excluding regulatory settlement costs of $1.2 billion, adjusted net income was $8.1 billion, and adjusted earnings per share were $1.08. Net interest income was US$16.4 billion, a year-on-year increase of 8%; credit loss provisions were US$1.3 billion, basically the same as the same period last year.
In terms of business, global wealth and investment management business revenue was US$7.1 billion, a year-on-year increase of 13%; consumer banking business revenue was US$11.6 billion, a year-on-year increase of 4%; global banking business revenue was US$6.2 billion, basically the same; global market business revenue was US$5.9 billion, a year-on-year decrease of 6%.
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