Sign in

    BANK OF AMERICA CORP /DE/ (BAC)

    Q2 2025 Earnings Summary

    Reported on Jul 16, 2025 (Before Market Open)
    Pre-Earnings Price$46.15Last close (Jul 15, 2025)
    Post-Earnings Price$46.25Open (Jul 16, 2025)
    Price Change
    $0.10(+0.22%)
    MetricYoY ChangeReason

    Total Revenue

    +4.9%

    The overall revenue increased as a result of improvements in Consumer Banking (+6.0%), Global Wealth & Investment Management (+6.5%), and Global Markets (+9.5%) revenues, which partially offset a decline in Global Banking (-6.0%) and a deterioration in All Other revenue (-3.3%). These mixed trends reflect both underlying growth and ongoing sector challenges.

    Consumer Banking revenue

    +6.0%

    Enhanced by rising net interest income and fee income—driven by higher deposit spreads, growing loan balances, and improved card income/service charges, echoing trends observed in Q1 2025 where organic growth and expanded consumer investment assets supported the gains.

    Global Wealth & Investment Management revenue

    +6.5%

    Driven by higher asset management fees and robust AUM flows, the segment’s revenue growth builds on strong performance in prior periods where favorable market valuations boosted client balances, although the pace moderated slightly from Q1’s higher gains.

    Global Banking revenue

    –6.0%

    Declines in net interest income—similar to pressures seen in Q1 2025—and lower transaction-based revenue, such as reduced Global Transaction Services activity, have led to a revenue drop. This reflects ongoing sensitivity to interest rate fluctuations and challenges in deposit rotation issues extending into Q2.

    Global Markets revenue

    +9.5%

    Strong sales and trading performance, particularly in equities and FICC, along with realized gains from leveraged finance positions and higher trading-related asset levels, continue to drive revenue growth. This performance builds on Q1’s robust increase and indicates resilience amid market volatility.

    All Other revenue

    –3.3%

    Despite the removal of one-off expenses like the FDIC special assessment seen previously, the segment experienced a further deterioration due to declining noninterest income and worsening net interest income, reflecting ongoing operational challenges in noncore areas compared to prior periods.

    MetricPeriodPrevious GuidanceCurrent GuidanceChange

    Net Interest Income

    Q4 2025

    $15.5 billion to $15.7 billion

    $15,500,000,000 to $15,700,000,000

    no change

    Expenses

    Q4 2025

    no prior guidance

    expected to flatten out and potentially decrease slightly

    no prior guidance

    Dividends

    Q4 2025

    no prior guidance

    increase common quarterly dividend by 8% starting in September, pending board approval

    no prior guidance

    Capital Return

    Q4 2025

    no prior guidance

    Repurchased $5,300,000,000 in shares and paid $2,000,000,000 in dividends

    no prior guidance

    Regulatory Capital

    Q4 2025

    no prior guidance

    CET1 ratio expected to remain stable at 11.5%

    no prior guidance

    Organic Growth

    Q4 2025

    no prior guidance

    Focus on organic growth by adding new clients and deepening relationships with existing clients

    no prior guidance

    Technology and Efficiency

    Q4 2025

    no prior guidance

    Continued investment in technology and efficiency improvements, including the application of artificial intelligence

    no prior guidance

    Research analysts covering BANK OF AMERICA CORP /DE/.