Analyst Consensus ?
ConsensusHold39 ratings
Bullish1948.7%
Neutral1846.2%
Bearish25.1%
Bank of America Corporation · BML-PL · FY2026 Q1 · Calendar Q2 2026
Bank of America raises NII outlook as earnings and efficiency improve
The quarter supports a constructive operating outlook: earnings growth, stronger net interest income, fee momentum, and raised guidance indicate resilient demand across businesses. The evidence remains conditional on rate sensitivity, credit discipline, regulatory capital requirements, and whether AI investments produce sustained efficiency gains.
Reported Session unavailableNYSEFinancial Services
$325.69B market cap
75quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.11
Consensus $1.01
EPS surprise
+9.9%
Reported versus consensus
Reported revenue
$30.27B
Consensus $29.95B
Revenue surprise
+1.1%
Reported versus consensus
Market reaction
unavailable
Stock move
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Event window
SPY move
—
Same window
Abnormal move
—
Stock minus SPY
Volume
—
Versus trailing sessions
Subsequent drift
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Up to 20 sessions
Price and volume data were unavailable at publication time.
Ask FN2 about BML-PL FY2026 Q1
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How did the market react to BML-PL FY2026 Q1 earnings, and why?What changed in BML-PL's guidance and outlook in FY2026 Q1?Give me the bull and bear case for BML-PL after FY2026 Q1 earnings.
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Transcript intelligence
What changed
Management raised full-year net interest income growth guidance to 6–8% and described continued expansion of AI and digital tools. The analysis also highlighted improved operating leverage and no new inflows of non-performing office loan assets in the quarter.
Guidance delta
Management raised full-year net interest income growth guidance to 6–8%.
Key takeaways
- Revenue and earnings growth was supported by net interest income and fee-based businesses.
- Management reported improved operating leverage, a 61% efficiency ratio, and 16% ROTCE.
- AI and digital tools are being expanded across client-facing and back-office functions.
- Capital remains strong while dividends and share repurchases continue.
Management priorities
- Deliver 6–8% full-year net interest income growth.
- Support balance-sheet growth while maintaining disciplined capital returns.
- Expand AI and digital tools across client-facing and back-office functions.
- Invest in relationship managers, branches, and product enhancements.
- Monitor regulatory developments including Basel III and G-SIB requirements.
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Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Oppenheimer | Outperform | Outperform | Maintain | Oct 17, 2023 |
| BMO Capital | Market Perform | Market Perform | Maintain | Oct 17, 2023 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Oct 2, 2023 |
| Piper Sandler | Underweight | Underweight | Maintain | Sep 14, 2023 |
| RBC Capital | Outperform | Outperform | Maintain | Sep 11, 2023 |
| Wells Fargo | Overweight | Overweight | Maintain | Aug 22, 2023 |
| Citigroup | Neutral | Neutral | Maintain | Jun 13, 2023 |
| Evercore ISI Group | Outperform | Outperform | Maintain | May 11, 2023 |
| Keefe, Bruyette & Woods | Underperform | Underperform | Maintain | Apr 18, 2023 |
| Barclays | Overweight | Overweight | Maintain | Apr 11, 2023 |
| JP Morgan | Overweight | Overweight | Maintain | Apr 9, 2023 |
| Goldman Sachs | Buy | Buy | Maintain | Apr 2, 2023 |
| Odeon Capital | Hold | Buy | Downgrade | Mar 7, 2023 |
| Atlantic Equities | Neutral | Overweight | Downgrade | Jan 30, 2023 |
| Deutsche Bank | Hold | Buy | Downgrade | Jan 5, 2023 |
| Credit Suisse | Outperform | Outperform | Maintain | Jul 18, 2022 |
| Societe Generale | Buy | Hold | Upgrade | Jul 10, 2022 |
| Baird | Neutral | Underperform | Upgrade | Mar 7, 2022 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | Oct 6, 2021 |
| DA Davidson | Neutral | Buy | Downgrade | Jul 8, 2020 |
| UBS | Neutral | Neutral | Maintain | May 3, 2020 |
| CFRA | Buy | Buy | Maintain | Apr 14, 2020 |
| Raymond James | Market Perform | Outperform | Downgrade | Aug 28, 2019 |
| Jefferies | Hold | Buy | Downgrade | Apr 16, 2019 |
| Nomura | Buy | Buy | Maintain | Oct 15, 2017 |
| Berenberg | Hold | Buy | Downgrade | Apr 23, 2017 |
| Macquarie | Outperform | Neutral | Upgrade | Feb 15, 2017 |
| Standpoint Research | Hold | Buy | Downgrade | Nov 30, 2016 |
| Guggenheim | Neutral | Buy | Downgrade | Nov 14, 2016 |
| CLSA | Outperform | Outperform | Maintain | Sep 22, 2016 |
| Bernstein | Outperform | Neutral | Upgrade | Aug 24, 2015 |
| Portales Partners | Sector Perform | Outperform | Downgrade | May 27, 2015 |
| FBR Capital | Outperform | Market Perform | Upgrade | Oct 15, 2014 |
| SunTrust Robinson Humphrey | Neutral | Neutral | Maintain | Apr 24, 2014 |
| Scotiabank | Sector Outperform | Sector Perform | Upgrade | Mar 14, 2013 |
| Edward Jones | Buy | Hold | Upgrade | Mar 7, 2013 |
| ISI Group | Buy | Buy | Maintain | Jan 6, 2013 |
| Stifel | Buy | Hold | Upgrade | Nov 18, 2012 |
| Sterne Agee | Neutral | Neutral | Maintain | Oct 17, 2012 |
Track every rating change on BML-PL the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationBank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services.…
Historical context
All BML-PL earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| BAC-PS Bank of America Corporation | FY2026 Q3 · Calendar Q4 2026 | 0.0% | — | BofA: Loan Growth and NII Support Raised Outlook |
| BAC-PP Bank of America Corporation | FY2026 Q3 · Calendar Q4 2026 | 0.0% | — | BofA: Deposit Growth and AI Investment Offset Markets Weakness |
| BAC-PB Bank of America Corporation | FY2026 Q3 · Calendar Q4 2026 | 0.0% | — | Bank of America: Strong Organic Growth, Higher 2027 NII Target |
| BAC-PQ Bank of America Corporation | FY2026 Q3 · Calendar Q4 2026 | 0.0% | — | Bank of America: Loan, Deposit and Wealth Growth Continue |
| BAC Bank of America Corporation | FY2026 Q3 · Calendar Q4 2026 | -1.8% | -4.8% | Bank of America sustains growth targets despite regulatory charge |
| BAC-PM Bank of America Corporation | FY2026 Q3 · Calendar Q4 2026 | 0.0% | — | Bank of America: NII Growth and Loan Demand Offset Settlement Charge |
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-15. For educational purposes only; not investment advice.