Bank Of America Corp

Company facts

Industry

National Commercial Banks

Headquarters

Charlotte, North Carolina

Most recent report

10-Q, filed Jul 31, 2026

Incorporated

Delaware

Filings on record

11,329+ filings

On EDGAR

CIK 70858

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 10 sections worth reading, with 2 positive, 11 notable, and 0 negative flags.

• Part II

  Core financial results, segment details, capital actions, and credit quality changes.
  Positive

  • Dividend raised 14% to $0.32 per share, announced July 23, 2026.
  • Net income $9.1B, up 27% from $7.2B in Q2 2025, driven by broad revenue growth.
  Notable

  • GWIM net income up 42% to $1.4B; client balances reached $4.9 trillion.
  • Global Markets net income surged 72% to $2.6B, revenue up 34% on Equities and FICC.
  • Share repurchases totaled $6.0B in Q2 2026 under $40B authorization.
  • G-SIB surcharge will increase 50 bps on Jan 1 2027, raising minimum capital ratios.
  • Net Stable Funding Ratio disclosed for first time: avg consolidated NSFR 117% for Q2 2026.
  • Office CRE criticized exposure fell 19% from Dec 2025 to $2.8B; $3.2B office loans maturing in 2026.

• Legal Proceedings (Item 1)

  Core financial statements with strong earnings growth and key credit trends.
  Notable

  • Commercial reservable criticized exposure fell to $22.1B (2.89%) from $24.7B (3.37%) as of Dec 2025.
  • Related-party lease for NYC HQ extended to 2049; ROU asset $3.1B, liability $3.2B at June 30, 2026.
  • BANA remains under Dec 2024 OCC Consent Order for BSA/AML; remediation continues.
  • FDIC deposit insurance lawsuit concluded; court ruled BANA owed no additional interest, no appeal.

• Unregistered Sales and Repurchases (Item 2)

  Contains $6.0B buyback details and remaining $16.965B authority.
  Notable

  • Tax-withholding-related share acquisitions dropped sharply: 171K shares in Q2 vs 35M in Q1.

What changed: Jun 2026 vs. Mar 2026

About 7% of BAC's Jun 2026 10-Q is new information. 78 paragraphs were added, 476 changed, and 71 removed. Below are the most important lines SECSift identified.

• Part II 260
• Item 1 176
• Item 2 4
• Item 6 3
• Item 3 1
• Item 4 1
• Item 5 1