Bank of America is scheduled to report third-quarter 2026 results on Oct. 14 before the opening bell, with the Zacks Consensus Estimate pegging revenues at $30.62 billion, up 9% year over year. The consensus earnings estimate for the quarter was revised lower over the past seven days to $1.12, though that still implies a 5.7% rise from the prior-year quarter's actual, and Bank of America has beaten the Zacks Consensus Estimate in each of the trailing four quarters by an average of 8.2%. The Zacks Consensus Estimate for third-quarter tax-equivalent net interest income is $16.55 billion, up 7.5% from a year earlier, while investment banking income is expected at $1.71 billion, down 15.3%, and market making and similar activities are seen at $3.33 billion, up 3.9%. Management expects third-quarter 2026 expenses of $18.6 billion and relatively flat sales and trading revenues, and the Zacks Consensus Estimate for non-performing loans and leases of $6.46 billion implies a 20.8% increase from the prior-year quarter. Bank of America carries a Zacks Rank #3 and an Earnings ESP of -0.24%, and its shares lost 6.7% in the third quarter, compared with declines of 1% for JPMorgan and 11.2% for Morgan Stanley.
Bank of America CorpQ3 earnings preview with consensus revenue up 9% but EPS estimate revised lower and NPLs seen up 20.8%, mixed signals ahead of the Oct. 14 report.
Morgan Stanley
JPMorgan Chase & Co