Bank of America expects 2026 NII growth at the upper end of 6% to 8% while targeting 300 to 400 bps operating leverage

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Earnings Call Insights: Bank of America (BAC) Q2 2026 “Our revenue grew 15% year-over-year to $31.6 billion... Our EPS increased 34% to $1.21 a share.” (Chairman & CEO Brian Moynihan) “On an FTE basis, NII was approximately $16.2 billion, up 9% over

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Bank of America reported Q2 2026 revenue of $31.6 billion, up 15% YoY, with EPS surging 34% to $1.21. Net Interest Income (NII) grew 9% to $16.2 billion, demonstrating strong performance. Management projects NII growth at the 6-8% range and targets 300-400 bps in operating leverage. These results confirm the bank's ability to improve profitability in a high-interest rate environment, providing a positive signal to investors.

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