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Financial Performance: Bank of America's first-quarter revenue and profit both exceeded analyst expectations. Earnings per share (EPS) reached $1.11, the highest level in nearly two decades, while net revenue totaled $30.27 billion.
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Raised Net Interest Income (NII) Guidance: Given the strong first-quarter performance and reduced expectations for Fed rate cuts (shifting from two anticipated cuts to none), Bank of America has raised its 2026 NII growth guidance from the previous 5%–7% to 6%–8%.
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FNCL

1. Financial Performance: Bank of America's first-quarter revenue and profit both exceeded analyst expectations. Earnings per share (EPS) reached $1.11, the highest level in nearly two decades, while net revenue totaled $30.27 billion. 2. Raised Net Interest Income (NII) Guidance: Given the strong first-quarter performance and reduced expectations for Fed rate cuts (shifting from two anticipated cuts to none), Bank of America has raised its 2026 NII growth guidance from the previous 5%–7% to 6%–8%

Wallstreetcn

Bank of America

VG Financial

Financial Select Sector SPDR Fund

Fidelity MSCI Financials Index

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

Key Takeaways from Bank of America's First Quarter Earnings Report