Bank of America reports $6.9 billion profit after $1.2 billion regulatory charge

Bank of America reported third-quarter 2026 net income of $6.9 billion, or $0.91 per diluted share, on October 14, compared with $8.3 billion and $1.04 per share a year earlier; revenue rose 3% to $30.0 billion and net interest income increased 8% to $16.4 billion. Results included a $1.2 billion non-tax-deductible charge tied to consent orders from the Office of the Comptroller of the Currency and FinCEN over aspects of the bank’s U.S. Bank Secrecy Act, anti-money-laundering and sanctions-compliance programs; excluding the charge, adjusted net income was $8.1 billion and adjusted EPS was $1.08.