Bank of America 2Q revenue $26.5 billion

Bank of America 2Q revenue $26.5 billion

Bank of America (BAC) reported its second-quarter (Q2) earnings on Wednesday, July 16, 2025, with a significant focus on revenue and earnings per share (EPS). The Charlotte, North Carolina-based financial institution reported a net income of $7.12 billion and earnings per share (EPS) of $0.89, which exceeded Wall Street expectations of $0.86 EPS [4].

Revenue for the quarter was $46.67 billion, which did not meet the Street's forecast of $26.59 billion. However, the net revenue of $26.46 billion did meet expectations [4]. This figure represents a 4.2% year-over-year (YoY) increase from the same period last year [2].

Key financial highlights from the report include:

- Earnings per Share (EPS): Bank of America reported EPS of $0.89, beating the consensus estimate of $0.86 EPS.
- Revenue: The company's total revenue was $46.67 billion, with net revenue of $26.46 billion, both figures missing analysts' projections [4].
- Book Value per Common Share: The book value per common share increased by 8% to $37.13, and the tangible book value per common share rose by 9% to $27.71 [2].

Analysts had projected Bank of America's Q2 EPS to be $0.86, with revenue expected to reach $26.61 billion [5]. The actual results fell short of revenue expectations but exceeded EPS forecasts.

Impact on Market:
The stock of Bank of America has seen a 5% increase since the beginning of the year, while the S&P 500 index has climbed 6%. Over the last 12 months, the stock has appreciated by 10% [4].

Outlook:
Bank of America's Q2 earnings report provides insights into the U.S. consumer and credit resilience. Rising credit card and auto loan delinquencies may indicate growing stress in the consumer base, which could impact future earnings [1]. Despite the revenue shortfall, the company's EPS beat expectations, signaling a positive outlook for the company's financial health.

References:
[1] https://www.fxempire.com/forecasts/article/bank-of-america-q2-earnings-set-to-test-u-s-consumer-and-credit-resilience-1533902
[2] https://seekingalpha.com/news/4467782-bank-of-america-gaap-eps-of-0_89-beats-by-0_03-revenue-of-26_46b-misses-by-270m
[3] https://finance.yahoo.com/news/bank-america-reports-second-quarter-104500117.html
[4] https://www.marketscreener.com/quote/stock/BANK-OF-AMERICA-CORPORATI-11751/news/Bank-of-America-Q2-Earnings-Snapshot-50523184/
[5] https://finance.yahoo.com/news/unlocking-q2-potential-bank-america-131503039.html