- Bank of America reported net interest income of $16.45 billion, which missed the estimated $17.3 billion.
- The revenue net of interest expense reached $29.96 billion, below the forecast of $32.87 billion.
- The provision for credit losses was $1.27 billion, lower than the expected $1.64 billion.
- Earnings per share (EPS) came in at 91 cents.
- Return on average equity was recorded at 9.41%.
- Return on average assets stood at 0.79%.
- Return on average tangible common equity was 12.6%.
- Basel III common equity Tier 1 ratio (advanced approach) fully phased-in was 12%, shy of the anticipated 12.4%.
- The standardized CET1 ratio was 10.9%, slightly below the expected 11.1%.
- Total loans amounted to $1.25 trillion, under the estimated $1.29 trillion.
- Total deposits were $2.04 trillion, falling short of the projection of $2.11 trillion.
- Non-interest expenses were $19.72 billion.
- Analyst recommendations included 24 buys, 6 holds, and 0 sells.
Bank Of America on Smartkarma
Analyst coverage of Bank of America on Smartkarma showcases a diverse range of perspectives. In a recent report by ORTEX Market Intel, titled “Bears Press Hard: MOO Triples, GME Covers, MSFT Shorts Vanish,” the focus was on the bold moves of short sellers in the week of August 31. The report highlighted the significant buildup in short interest for MOO, which tripled in just seven days. Conversely, it noted the near disappearance of short positions for MSFT and rapid covering for GME ahead of its September 8 earnings, indicating shifting sentiments in the market.
On the other hand, the Ξ±SK Primers‘ report titled “Primer: Bank Of America (BAC US) – Aug 2026″ adopted a bullish stance on Bank of America. The report emphasized the bank’s status as a systemically important U.S. financial institution, holding a strong #2 position in domestic deposits that provides a significant low-cost funding advantage. It outlined Bank of America’s ‘Responsible Growth’ strategy, highlighting its disciplined risk management, organic growth focus, and substantial investments in technology and digital platforms like the AI-assistant Erica. Despite facing macroeconomic challenges, the report highlighted the bank’s diversified business model across various segments, indicating resilient revenue streams and a positive outlook.
A look at Bank Of America Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have assessed Bank Of America‘s long-term outlook using their Smart Scores system. Based on a range of factors, Bank Of America has received a generally positive assessment. The company scored high in categories such as Value and Momentum, indicating strengths in these areas. With a balanced score across Dividend, Growth, and Resilience, Bank Of America seems to be strategically positioned for long-term success.
Bank Of America Corporation is a well-established financial institution offering a wide range of services including banking, investing, asset management, and risk management. With subsidiaries specializing in mortgage lending and investment banking, the company has a diverse portfolio. The Smart Scores provided valuable insights into Bank Of America‘s overall outlook, highlighting its strength in key areas critical for sustained growth and performance in the financial sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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