Bank of America Corp (BAC) Q1 2026 (USD): EPS 1.11 (exp. 1.01), Revenue 30.3bln (exp. 29.92bln)

Revenue Breakdown:

• Wealth and investment 6.71bln (exp. 6.59bln).
• Trading 6.32bln (exp. 6.34bln).
• FICC trading 3.50bln (exp. 3.78bln).
• Equities trading 2.83bln (exp. 2.51bln).
• IB 1.84bln (exp. 1.73bln).

Key Metrics:

• Provision for credit losses 1.34bln (exp. 1.5bln).
• NII 15.75bln (exp. 15.37bln).
• Non-interest expenses 18.53bln (exp. 18.47bln).

Commentary:

• Saw healthy client activity, including solid consumer spending.
• Remain watchful of evolving risks.
• Indicating a resilient American economy.
• Discloses private credit portfolio finance of ~ USD 20bln.
• Loans secured by diversified pools of predominantly first lien private credit loans to middle market Cos. and large corporates.