Bank of America Q3 profit falls to $6.9B, EPS $0.91, after $1.2B settlement charge
Bank of America reported third-quarter 2026 net income of $6.9 billion, or $0.91 per diluted share, down from $8.3 billion, or $1.04, a year earlier. The results include a $1.2 billion regulatory settlement charge, or $0.17 per share, tied to consent orders over its Bank Secrecy Act and anti-money laundering compliance programs, which shareholders should weigh against the underlying revenue growth of 3%.
Key points
- Q3 2026 net income $6.9 billion, EPS $0.91, versus $8.3 billion and $1.04 in Q3 2025
- Excluding the $1.2 billion regulatory settlement charge, adjusted EPS was $1.08 and adjusted net income was $8.1 billion
- Revenue rose 3% to $30.0 billion; net interest income rose 8% to $16.4 billion
- Returned $8.3 billion to shareholders: $2.2 billion in dividends and $6.0 billion in buybacks
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.