Bank of America Q1 2026 profit rises to $8.6 billion, EPS $1.11 beats estimates

Bank of America earned $8.6 billion, or $1.11 per diluted share, in the first quarter of 2026, ahead of analyst expectations. Revenue net of interest expense was $30.3 billion and net interest income was $15.7 billion, with return on tangible common equity of 16.0%. The bank repurchased $7.2 billion of common stock and paid $2.0 billion in common dividends, and the shares rose in early trading.

• Q1 2026 net income $8.6B, or $1.11 per diluted share
• Revenue net of interest expense $30.3B ($30.4B FTE)
• Net interest income $15.7B ($15.9B FTE); ROTCE 16.0%
• Repurchased $7.2B of common stock and paid $2.0B in common dividends
• CET1 ratio 11.2% on the standardized approach (preliminary)