Bank of America Q2: NII growth, deposit surge, 8% dividend hike

Wednesday, Jul 16, 2025 7:45 am ETnullmin read
BAC--
Aime RobotAime Summary

- Bank of America reported strong Q2 results with net interest income (NII) growth driven by rising deposit balances and higher rates.

- The bank announced an 8% dividend per share increase, its largest hike since 2007, reflecting improved profitability.

- Record $500B+ deposits and $23.2B net income highlight resilient performance amid economic uncertainty.

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