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Bank of America BAC Global Banking — Net Income

Other segment segments

Consumer Banking
$3.28B+10.4%
Global Markets
$2.63B+71.9%
Global Wealth And Investment Management
$1.41B+42.3%

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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 global banking — net income?
Bank of America (BAC) reported global banking — net income of $2.05B in Q2 2026.
How has Bank of America's global banking — net income changed year-over-year?
Bank of America's global banking — net income increased by 20.4% year-over-year, from $1.7B to $2.05B.
What is the long-term trend for Bank of America's global banking — net income?
Over 4 years (2021 to 2025), Bank of America's global banking — net income has grown at a -5.6% compound annual growth rate (CAGR), from $9.81B to $7.8B.
What does global banking — net income mean?
This represents the total profit generated by the Global Banking segment after accounting for all operating expenses, provision for credit losses, and applicable income taxes. It serves as the primary measure of the segment's bottom-line financial performance and its contribution to the overall corporate earnings. This metric reflects the segment's ability to manage its cost structure and credit risk while maintaining profitable lending and treasury operations.