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Bank of America BAC Consumer Banking — Net Income

Other segment segments

Global Markets
$2.63B+71.9%
Global Banking
$2.05B+20.4%
Global Wealth And Investment Management
$1.41B+42.3%

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CFGConsumer Banking — Net Interest Income
$1.31B+9.7%

Other financials

Income statement

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Revenue$31.6B+19.3%
Net income$9.1B+27.5%
EPS (diluted)$1.21+36.0%

Balance sheet

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Cash & equivalents$229.75B-13.6%
Total debt$339.86B+5.4%
Total equity$301.09B+0.5%
Total assets$3.50T+1.7%

Cash flow

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Operating cash flow$41.8B+2,013%

Valuation

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Market cap$435.46B+21.4%
Enterprise value$545.58B+31.5%
P/E12.9×+0.1×
P/S3.6×+0.3×

Profitability

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Net margin27.8%+2.3pp

Returns & leverage

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Return on equity11.2%+1.8pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Bank of America in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Bank of America’s 8-K, filed July 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bank of America's consumer banking — net income?
Bank of America (BAC) reported consumer banking — net income of $3.28B in Q2 2026.
How has Bank of America's consumer banking — net income changed year-over-year?
Bank of America's consumer banking — net income increased by 10.4% year-over-year, from $2.97B to $3.28B.
What is the long-term trend for Bank of America's consumer banking — net income?
Over 4 years (2021 to 2025), Bank of America's consumer banking — net income has grown at a 0.7% compound annual growth rate (CAGR), from $11.89B to $12.25B.
What does consumer banking — net income mean?
This metric represents the total profit generated by the consumer banking segment after deducting all operating expenses, provisions for credit losses, and applicable income taxes. It serves as a primary indicator of the segment's overall financial health and its contribution to the parent organization's bottom line.