Citable filing context
BAC's research view summarizes recent SEC filing context, starting with dividend_change from Jul 24, 2026.
| Filed | Item | Context |
|---|---|---|
| Jul 24, 2026 | dividend_change | Bank of America increased its quarterly common stock dividend by 14% to $0.32 per share. |
| Jul 14, 2026 | earnings | Bank of America reported Q2 2026 net income of $9.1 billion, or $1.21 per diluted share. |
| May 6, 2026 | other | Bank of America shareholders elected directors, approved executive compensation, and ratified PwC as the independent auditor. |
| Feb 13, 2026 | Guidance: adjusted_tangible_book_value_growth | 10.50 to 12.50 |
| Feb 13, 2026 | Guidance: aggregate_net_income | not reported to 112.00 |
| Feb 13, 2026 | Guidance: annualized_net_income | not reported to 37.00 |
| Jul 31, 2026 | mda_quarterly | Bank of America reported net income of $9.1 billion for the second quarter of 2026, up from $7.2 billion in the prior-year period, driven by growth in net interest income and noninterest income, alongside a lower provision for credit losses. Total assets reached $3.5 trillion, supported by increased Global Markets client activity and commercial loan growth. Net interest yield improved to 2.08%, benefiting from higher Global Markets activity and fixed-asset repricing. Noninterest income rose to $15.6 billion, bolstered by a $1.6 billion increase in investment and brokerage services and a $1.0 billion rise in market-making revenue, particularly in Equities. Noninterest expense increased to $18.6 billion, reflecting higher revenue-related costs and ongoing investments in technology and marketing. Credit quality remains stable, with the net charge-off ratio at 0.47% and a decrease in commercial reservable criticized exposure to $22.1 billion. The Corporation maintains a strong capital position, with a Common Equity Tier 1 (CET1) ratio of 11.2% under the Standardized approach. Management continues to navigate risks related to geopolitical instability, particularly in the Middle East, and inflationary pressures. The Board declared a quarterly dividend of $0.32 per share, representing a 14% increase, while continuing a $40 billion common stock repurchase program. |
| May 1, 2026 | mda_quarterly | Bank of America actively managed its capital through significant common stock repurchases during the first quarter of 2026. The company repurchased a total of 174.89 million common shares at a weighted-average price of $51.78 per share. Of this, approximately 140 million shares, valued at $7.2 billion, were executed under the $40 billion 2025 Repurchase Program, which became effective on August 1, 2025. As of March 31, 2026, the company retained $22.91 billion in remaining buyback authority under this program. A portion of the repurchases, specifically 35 million shares, was related to satisfying tax withholding obligations on vested restricted stock and other employment-related awards. No unregistered sales of equity securities occurred during the quarter. The primary source of funds for shareholder distributions, including dividends, comes from the company's banking subsidiaries, which are subject to regulatory capital requirements. Preferred stock maintains dividend preference over common stock. Additionally, no directors or officers adopted or terminated Rule 10b5-1 trading arrangements during the quarter. |
Source: SEC EDGAR filing text and events; period Jul 24, 2026; filed Jul 24, 2026.
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