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Compared to Estimates, Bank of America (BAC) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2026, Bank of America (BAC - Free Report) reported revenue of $31.56 billion, up 19.3% over the same period last year. EPS came in at $1.21, compared to $0.89 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $30.62 billion, representing a surprise of +3.08%. The company delivered an EPS surprise of +7.08%, with the consensus EPS estimate being $1.13.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Bank of America performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio (FTE basis): 58.7% versus the four-analyst average estimate of 59.8%.
Net interest income/yield on earning assets - Yield/rate: 2.1% versus the four-analyst average estimate of 2.1%.
Net charge-off / Average Loans: 0.5% compared to the 0.5% average estimate based on four analysts.
Total earning assets - Average balance: $3106.73 billion versus $3121.38 billion estimated by four analysts on average.
Book value per share of common stock: $39.34 versus the four-analyst average estimate of $39.22.
Total nonperforming loans and leases: $5.75 billion versus $6.68 billion estimated by three analysts on average.
Tier 1 Capital Ratio: 12.6% versus 12.5% estimated by three analysts on average.
Total nonperforming loans, leases and foreclosed properties: $5.87 billion versus $6.78 billion estimated by three analysts on average.
Tier 1 Leverage Ratio: 6.6% versus the two-analyst average estimate of 6.5%.
Net Interest Income- Fully taxable-equivalent basis: $16.16 billion compared to the $16.24 billion average estimate based on four analysts.
Total Noninterest Income: $15.56 billion versus $14.76 billion estimated by four analysts on average.
Investment and brokerage services: $5.65 billion versus $5.47 billion estimated by three analysts on average.
Shares of Bank of America have returned +6.5% over the past month versus the Zacks S&P 500 composite's +1.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Bank of America (BAC) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2026, Bank of America (BAC - Free Report) reported revenue of $31.56 billion, up 19.3% over the same period last year. EPS came in at $1.21, compared to $0.89 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $30.62 billion, representing a surprise of +3.08%. The company delivered an EPS surprise of +7.08%, with the consensus EPS estimate being $1.13.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Bank of America performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Bank of America here>>>
Shares of Bank of America have returned +6.5% over the past month versus the Zacks S&P 500 composite's +1.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.