バンカメの適時開示・決算・その他

As filed with the Securities and Exchange Commission on July 14, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

July 14, 2026

BANK OF AMERICA CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

1-6523

56-0906609

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

100 North Tryon Street

Charlotte, North Carolina 28255

(Address of principal executive offices)

(704) 386-5681

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.01 per share	BAC	New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of Floating Rate Non-Cumulative Preferred Stock, Series E	BAC PrE	New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 6.000% Non-Cumulative Preferred Stock, Series GG	BAC PrB	New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 5.875% Non-Cumulative Preferred Stock, Series HH	BAC PrK	New York Stock Exchange
7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L	BAC PrL	New York Stock Exchange
Depositary Shares, each representing a 1/1,200th interest in a share of	BML PrG	New York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 1
Depositary Shares, each representing a 1/1,200th interest in a share of	BML PrH	New York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 2
Depositary Shares, each representing a 1/1,200th interest in a share of	BML PrJ	New York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 4
Depositary Shares, each representing a 1/1,200th interest in a share of	BML PrL	New York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 5
Floating Rate Preferred Hybrid Income Term Securities of BAC Capital Trust XIII (and the guarantee related thereto)	BAC/PF	New York Stock Exchange
5.63% Fixed to Floating Rate Preferred Hybrid Income Term Securities of BAC Capital Trust XIV (and the guarantee related thereto)	BAC/PG	New York Stock Exchange
Income Capital Obligation Notes initially due December 15, 2066 of Bank of America Corporation	MER PrK	New York Stock Exchange
Senior Medium-Term Notes, Series A, Step Up Callable Notes, due	BAC/31B	New York Stock Exchange
November 28, 2031 of BofA Finance LLC (and the guarantee of the
Registrant with respect thereto)
Depositary Shares, each representing a 1/1,000th interest in a share of 5.375% Non-Cumulative Preferred Stock, Series KK	BAC PrM	New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 5.000% Non-Cumulative Preferred Stock, Series LL	BAC PrN	New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.375% Non-Cumulative Preferred Stock, Series NN	BAC PrO	New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.125% Non-Cumulative Preferred Stock, Series PP	BAC PrP	New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.250% Non-Cumulative Preferred Stock, Series QQ	BAC PrQ	New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.750% Non-Cumulative Preferred Stock, Series SS	BAC PrS	New York Stock Exchange


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company			☐


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.			☐

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On July 14, 2026, Bank of America Corporation (the “Corporation”) announced financial results for the second quarter ended June 30, 2026, reporting second quarter net income of $9.1 billion, or $1.21 per diluted share. A copy of the press release announcing the Corporation’s results for the second quarter ended June 30, 2026 (the “Press Release”) is attached hereto as Exhibit 99.1 and is incorporated by reference in this Item 2.02. The Press Release is available on the Corporation’s website.

The information provided in Item 2.02 of this report, including Exhibit 99.1, shall be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

ITEM 7.01. REGULATION FD DISCLOSURE.

On July 14, 2026, the Corporation will hold an investor conference call and webcast to discuss financial results for the second quarter ended June 30, 2026, including the Press Release and other matters relating to the Corporation.

The Corporation has also made available on its website presentation materials containing certain historical and forward-looking information relating to the Corporation (the “Presentation Materials”) and materials that contain additional information about the Corporation’s financial results for the second quarter ended June 30, 2026 (the “Supplemental Information”). The Presentation Materials and the Supplemental Information are furnished herewith as Exhibit 99.2 and Exhibit 99.3, respectively, and are incorporated by reference in this Item 7.01. All information in Exhibits 99.2 and 99.3 is presented as of the particular date or dates referenced therein, and the Corporation does not undertake any obligation to, and disclaims any duty to, update any of the information provided.

The information provided in Item 7.01 of this report, including Exhibits 99.2 and 99.3, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall the information or Exhibits 99.2 or 99.3 be deemed incorporated by reference in any filings under the Securities Act of 1933, as amended.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit 99.1 is filed herewith. Exhibits 99.2 and 99.3 are furnished herewith.



EXHIBIT NO.						DESCRIPTION OF EXHIBIT

99.1						The Press Release

99.2						The Presentation Materials

99.3						The Supplemental Information



104						Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



BANK OF AMERICA CORPORATION

By:						/s/ Johnbull E. Okpara
						Johnbull E. Okpara
						Chief Accounting Officer

Dated: July 14, 2026

EX-99.1 2 bac06302026ex991.htm THE PRESS RELEASE bac06302026ex991

1 2Q26 Financial Highlights3(B) 2Q26 Business Segment Highlights1,3,4(B) Consumer Banking • Net income of $3.3 billion • Revenue of $11.3 billion, up 5% • Average deposits of $957 billion were up 1% and up 33% from pre- pandemic levels (4Q19); #1 in U.S. Consumer Deposits5 • Average loans and leases of $321 billion, up $2 billion, or 1% • #1 Small Business Lender for 20 consecutive quarters5 • Combined credit / debit card spend of $266 billion, up 9% • Client Highlights – Added 160K+ net new consumer checking accounts; completed 30 consecutive quarters of net growth – 38.7 million consumer checking accounts; 92% are primary6 – 4+ million small business checking accounts – $640 billion in consumer investment assets, up 18%7 – $1.2 trillion in payments, up 5%8 – 13.3 million clients enrolled in BofA Rewards; ~2 million new enrollments in 2Q2610 – 4.4 billion digital logins; 70% of total sales were digitally-enabled Global Wealth and Investment Management • Net income of $1.4 billion • Revenue of $6.9 billion, up 16%, driven by higher asset management fees, up 19% to $4.4 billion, reflecting higher market valuations and solid assets under management (AUM) flows, as well as higher NII • Client balances of $4.9 trillion, up 12%, driven primarily by higher market valuations • Average loans and leases of $270 billion, up $33 billion, or 14% • Client Highlights – $2.3 trillion of AUM balances, up 17% – Added ~6K net new $500K+ relationships across Merrill and Private Bank – 87% of Merrill and Private Bank clients digitally active Global Banking • Net income of $2.0 billion • Total Corporation investment banking fees (excl. self-led) of $2.1 billion, up 50% • $652 billion in average deposits, up 8% • Average loans and leases increased 7%, with growth across corporate, commercial and business banking • 10% improvement in treasury service charges Global Markets • Net income of $2.6 billion • Sales and trading revenue of $7.1 billion, incl. net debit valuation adjustment (DVA) losses of $57 million. Up 33% incl. and excl. net DVA.(E) 17th consecutive quarter of year-over-year growth – Equities revenue up 70% to $3.6 billion, incl. and excl. net DVA(E) – Fixed Income, Currencies and Commodities (FICC) revenue up 9% to $3.5 billion, incl. and excl. net DVA(E) From Chair and CEO Brian Moynihan: The team delivered one of our strongest quarters to date, with earnings per share up 34% year-over-year. Every business segment reported double digit net income growth and strong returns on equity. Revenue increased 15% from last year as we deepened relationships with existing clients and welcomed new ones. Against a healthy economic backdrop, resilient consumers and businesses are turning to Bank of America to spend, borrow and invest. It was also an exceptional quarter for our markets-facing businesses, with investment banking fees up 50% year-over-year. Near-term, pipelines remain strong, and commercial borrowing has picked up. Disciplined expense management, coupled with investments for growth, helped drive 6.6% operating leverage and a roughly 360 basis point improvement in our efficiency ratio from a year ago. Going forward, we remain focused on what we do best, delivering for clients at every stage of their financial lives. Bank of America Reports 2Q26 Net Income of $9.1 Billion; EPS of $1.21, Up 34% YoY 2Q26 Revenue Up 15% YoY to $31.6 Billion,1 Net Interest Income Up 9% YoY to $16.0 Billion ($16.2 Billion FTE)(A) Operating Leverage of 6.6%2 See page 10 for endnotes. Amounts may not total due to rounding. 1 Revenue, net of interest expense. 2 Operating leverage calculated as the year-over-year percentage change in revenue, net of interest expense, less the percentage change in noninterest expense. 3 Financial Highlights and Business Segment Highlights are compared to the year-ago quarter unless noted. 4 The Corporation reports the results of operations of its four business segments and All Other on a fully taxable-equivalent (FTE) basis. 5 Source: Federal Financial Institutions Examination Council (FFIEC) Call Reports, 1Q26. 6 Represents the percentage of consumer checking accounts that are estimated to be the customer’s primary account based on multiple relationship factors (e.g., linked to their direct deposit). 7 End of period. Consumer investment assets include client brokerage assets, deposit sweep balances, brokered CDs, and AUM in Consumer Banking. 8 Total payments represent payments made from Bank of America accounts using credit card, debit card, ACH, wires, billpay, person-to-person, cash and checks. 9 Return on average tangible common shareholders’ equity ratio represents a non-GAAP financial measure. For more information, see page 19. 10 Clients enrolled in BofA Rewards include legacy Preferred Rewards clients and new enrollments since launch of BofA Rewards on May 27, 2026. New client enrollment as of June 30, 2026, is preliminary and includes clients in Consumer and GWIM. 11 Tangible book value per common share represents a non-GAAP financial measure. For more information, see page 19. • Net income of $9.1 billion compared to $7.2 billion, up 27% – Diluted earnings per share (EPS) of $1.21 compared to $0.90, up 34% • Revenue, net of interest expense, of $31.6 billion ($31.7 billion FTE),(A) up 15%, reflected higher net interest income (NII), sales and trading revenue, asset management fees and investment banking fees – NII of $16.0 billion ($16.2 billion FTE),(A) up 9%, driven by higher NII related to Global Markets activity, higher loan and deposit balances, and fixed-rate asset repricing, partially offset by the impact of lower interest rates • Provision for credit losses of $1.4 billion decreased from $1.6 billion in 2Q25 and was relatively flat to 1Q26 – Net charge-offs of $1.4 billion decreased from $1.5 billion in 2Q25 and were relatively flat to 1Q26 • Noninterest expense of $18.6 billion, up 8%, driven equally by revenue- related expenses and investments in people, brand and technology – Efficiency ratio improved 359 bps to 59% – Operating leverage of 6.6%2 • Return on average common shareholders' equity ratio of 12.7%; return on average tangible common shareholders' equity ratio of 17.0%9 • Return on average assets of 1.03% • Balance Sheet Remained Strong – Average deposit balances of $2.02 trillion increased more than 2%; 12th consecutive quarter of sequential average growth – Average loans and leases of $1.22 trillion increased 8%, with growth across every business segment; 9th consecutive quarter of sequential average growth – Average Global Liquidity Sources of $947 billion(C) – Common equity tier 1 (CET1) capital of $202 billion increased $1.9 billion from 1Q26 – CET1 ratio of 11.2% (Standardized);(D) well above the regulatory minimum – Returned $8.0 billion to shareholders ($2.0 billion through common stock dividends and $6.0 billion in common stock repurchases) • Book value per common share rose 7% to $39.34; tangible book value per common share rose 7% to $29.3711

2 Bank of America Financial Highlights ($ in billions, except per share data) 2Q26 1Q26 2Q25 Total revenue, net of interest expense $31.6 $30.3 $27.4 Provision for credit losses 1.4 1.3 1.6 Noninterest expense 18.6 18.5 17.2 Pretax income 11.6 10.4 8.7 Pretax, pre-provision income1(F) 12.9 11.7 10.3 Income tax expense 2.5 1.8 1.5 Net income 9.1 8.6 7.2 Diluted earnings per share $1.21 $1.11 $0.90 Return on average assets 1.03 % 0.99 % 0.84 % Return on average common shareholders’ equity 12.7 12.0 10.1 Return on average tangible common shareholders’ equity1 17.0 16.0 13.6 Efficiency ratio 59 61 63 1 Pretax, pre-provision income and return on average tangible common shareholders’ equity represent non-GAAP financial measures. For more information, see page 19. Net Interest Income (FTE) $14.8 $15.4 $15.9 $15.9 $16.2 $14.7 $15.2 $15.8 $15.7 $16.0 Net interest income (GAAP) FTE adjustment 2Q25 3Q25 4Q25 1Q26 2Q26 Efficiency Ratio 63% 60% 61% 61% 59% 2Q25 3Q25 4Q25 1Q26 2Q26 Spotlight on Efficiency Ratio and Net Interest Income ($B) (A) From Executive Vice President and CFO Alastair Borthwick: Built on years of disciplined execution, our second quarter performance reflected strong revenue growth across every business segment and improved returns on equity and assets. With strong capital and liquidity, diversified funding and solid asset quality, our $3.5 trillion balance sheet remained a source of strength, as we helped clients and returned $8 billion to shareholders in the second quarter through dividends and share repurchases. We are in a good position to serve our clients, deliver for our shareholders, and support a growing economy.

3 Consumer Banking1(B) Financial Results Three months ended ($ in millions) 6/30/2026 3/31/2026 6/30/2025 Total revenue2 $11,336 $11,049 $10,813 Provision for credit losses 1,160 1,132 1,282 Noninterest expense 5,801 5,837 5,567 Pretax income 4,375 4,080 3,964 Income tax expense 1,094 1,020 991 Net income $3,281 $3,060 $2,973 Business Highlights(B) Three months ended ($ in billions) 6/30/2026 3/31/2026 6/30/2025 Average deposits $957.0 $950.8 $952.0 Average loans and leases 321.1 322.2 319.1 Consumer investment assets5 639.5 573.3 539.7 Active mobile banking users (MM) 42.1 41.8 40.8 Number of financial centers 3,530 3,540 3,664 Efficiency ratio 51 % 53 % 51 % Return on average allocated capital 29 27 27 Total Consumer Credit Card3 Average credit card outstanding balances $103.6 $103.1 $100.0 Total credit / debit spend 266.1 244.9 244.1 Risk-adjusted margin 6.5 % 6.7 % 7.1 % • Net income of $3.3 billion • Revenue of $11.3 billion,2 up 5%, driven primarily by higher NII • Provision for credit losses of $1.2 billion, down 10% – Net reserve release of $23 million vs. net reserve build of $82 million(G) – Net charge-offs of $1.2 billion decreased $17 million • Noninterest expense of $5.8 billion increased 4%, driven by investments in technology and brand – Efficiency ratio of 51% • Return on average allocated capital of 29% Business Highlights1,3(B) • Average deposits of $957 billion were up 1% – 59% of deposits in checking accounts; 92% are primary4 • Average loans and leases of $321 billion increased 1% • Combined credit / debit card spend of $266 billion increased 9% • Consumer investment assets of $640 billion, up 18%,5 driven by higher market valuations and $19 billion of net client flows from new and existing clients • 13.3 million clients enrolled in BofA Rewards; ~2 million new enrollments in 2Q266 Strong Digital Usage Continued in the Quarter1 • 80% of households actively using digital platforms7 • 50 million active digital banking users, up 836K • 2.2 million digitally-enabled sales, representing 70% of total sales • 4.4 billion digital logins, up 7% • 25.5 million active Zelle® users, up 5%; sent and received 495 million transactions worth $160 billion, up 11% and 15%, respectively8 • 24.6 million active Erica® users, up 23%9 Continued Business Leadership • No. 1 in U.S. Consumer Deposits(a) • No. 1 Small Business Lender(a) • No. 1 in Retail Banking Advice Satisfaction(b) • World's Best Banks 2026: North America - Best in the U.S.(c) • Merrill Edge Self-Directed No. 1 for Bank Brokerage(d) See page 11 for Business Leadership sources. 1 Comparisons are to the year-ago quarter unless noted. 2 Revenue, net of interest expense. 3 The consumer credit card portfolio includes Consumer Banking and GWIM. 4 Represents the percentage of consumer checking accounts that are estimated to be the customer’s primary account based on multiple relationship factors (e.g., linked to their direct deposit). 5 End of period. Consumer investment assets includes client brokerage assets, deposit sweep balances, brokered CDs, and AUM in Consumer Banking. 6 Clients enrolled in BofA Rewards include legacy Preferred Rewards clients and new enrollments since launch of BofA Rewards on May 27, 2026. New client enrollment as of June 30, 2026, is preliminary and includes clients in Consumer and GWIM. 7 Household adoption represents households with consumer bank login activities in a 90-day period, as of May 2026. 8 Includes Bank of America person-to-person payments sent and received through e-mail or mobile identification. Zelle® users represent 90-day active users. 9 Represents mobile and online activity across client facing platforms powered by Erica®.

4 Global Wealth and Investment Management1(B) Financial Results Three months ended ($ in millions) 6/30/2026 3/31/2026 6/30/2025 Total revenue2 $6,871 $6,712 $5,937 Provision for credit losses 11 2 20 Noninterest expense 4,976 4,938 4,593 Pretax income 1,884 1,772 1,324 Income tax expense 471 443 331 Net income $1,413 $1,329 $993 Business Highlights(B) Three months ended ($ in billions) 6/30/2026 3/31/2026 6/30/2025 Average deposits $281.6 $286.6 $276.8 Average loans and leases 270.3 262.2 237.4 Total client balances (EOP) 4,934.4 4,572.4 4,395.2 AUM flows 13.7 20.4 14.3 Pretax margin 27 % 26 % 22 % Return on average allocated capital 26 24 20 Continued Business Leadership • Merrill earned the most recognitions on Forbes' 2026 Top Wealth Advisors Best-in-State and Best-in-State Wealth Management Teams lists • 23 Merrill advisors on Forbes' 2026 Top 100 Women Wealth Advisors • >300 Merrill advisors on Barron's 2026 Top 1,500 Financial Advisors • 24 Merrill advisors on Financial Planning's 2026 Top 40 Brokers Under 40 • No. 1 in Managed Personal Trust AUM(a) • Best National Private Bank(e) • No. 1 Global Nonprofit OCIO Provider(f) See page 11 for Business Leadership sources. • Net income of $1.4 billion • Revenue of $6.9 billion,2 up 16%. The increase was driven by higher asset management fees, up 19% to $4.4 billion, reflecting higher market valuations and solid AUM flows, as well as higher NII • Noninterest expense of $5.0 billion increased 8%, driven primarily by revenue-related incentives – Pretax margin improved to 27% • Return on average allocated capital of 26% Business Highlights1(B) • $4.9 trillion in client balances, up 12%, driven primarily by higher market valuations – AUM flows of $14 billion; $78 billion since 2Q25 • Average deposits of $282 billion increased 2% • Average loans and leases of $270 billion increased 14% Merrill Wealth Management Highlights Client Engagement • $4.1 trillion in client balances(B) • $1.8 trillion in AUM balances(B) • ~5.4K net new $500K+ households added in 2Q26 • 62K digital appointments scheduled in the quarter Strong Digital Usage Continued in the Quarter • 87% of Merrill households digitally active3 – 67% of Merrill households are active on mobile – 85% of households enrolled in eDelivery4 • 76% of eligible checks deposited through automated channels5 • 83% of eligible brokerage and bank accounts opened through digital onboarding Bank of America Private Bank Highlights Client Engagement • $802 billion in client balances(B) • $486 billion in AUM balances(B) • ~430 net new relationships added in 2Q26 with $3MM+ clients Strong Digital Usage Continued in the Quarter • 94% of relationships digitally active6 – 77% of core relationships are active on mobile – 54% of eligible relationships enrolled in eDelivery4 • 77% of eligible checks deposited through automated channels5 • 53% of eligible investment, trust and banking accounts opened through digital onboarding Note: OCIO stands for outsourced chief investment office. 1 Comparisons are to the year-ago quarter unless noted. 2 Revenue, net of interest expense. 3 Percentage of digitally active Merrill primary households across the enterprise ($250K+ in investable assets within the enterprise) as of June 2026. Excludes Stock Plan and Banking- only households. 4 Includes Merrill Digital Households across the enterprise (excluding Stock Plan, Banking-only households, Retirement-only and 529-only) and Private Bank relationships that receive statements digitally, as of May 2026 for Private Bank and as of June 2026 for Merrill. 5 Includes mobile check deposits, remote deposit operations, and automated teller machine transactions, as of May 2026 for Private Bank and as of June 2026 for Merrill. 6 Percentage of digitally active Private Bank core relationships across the enterprise ($3MM+ in total balances) as of May 2026. Includes third-party activities and excludes Irrevocable Trust-only relationships, Institutional Philanthropic relationships, and exiting relationships.

5 Global Banking1,2(B) Financial Results Three months ended ($ in millions) 6/30/2026 3/31/2026 6/30/2025 Total revenue2,3 $6,236 $6,287 $5,689 Provision for credit losses 215 185 277 Noninterest expense 3,199 3,223 3,070 Pretax income 2,822 2,879 2,342 Income tax expense 776 792 644 Net income $2,046 $2,087 $1,698 Business Highlights2(B) Three months ended ($ in billions) 6/30/2026 3/31/2026 6/30/2025 Average deposits $651.9 $647.6 $603.4 Average loans and leases 413.4 397.0 387.9 Total Corporation IB fees (excl. self-led) 2.1 1.8 1.4 Global Banking IB fees 1.2 1.0 0.8 Business Lending revenue 2.1 2.3 2.2 Global Transaction Services revenue 2.9 2.9 2.6 Efficiency ratio 51 % 51 % 54 % Return on average allocated capital 15 16 13 • Net income of $2.0 billion • Revenue of $6.2 billion3 increased 10%, driven primarily by higher investment banking fees, NII and treasury service charges • Provision for credit losses of $215 million vs. $277 million – Net charge-offs of $231 million decreased $72 million – Net reserve release of $16 million vs. $26 million(G) • Noninterest expense of $3.2 billion increased 4%, driven by investments in the business, including people and technology – Efficiency ratio improved to 51% • Return on average allocated capital of 15% Business Highlights1,2(B) • Total Corporation investment banking fees (excl. self-led) of $2.1 billion increased 50%, reflecting strength across debt underwriting, advisory and equity underwriting • $652 billion in average deposits increased 8% • $413 billion in average loans and leases increased 7% Strong Digital Usage Continued in the Quarter1 • 86% of relationship clients digitally active4 • 2.9 million total mobile sign-ins, up 24%5 • $346 billion CashPro® App Payments, up 10% • 40.1K interactions with CashPro® Chat, supported by Erica® technology Continued Business Leadership • No. 1 in Overall Leadership in Digital Channels (tied), fourth consecutive year(g) • North America’s Most Innovative Bank(c) • World’s Best Bank for Small to Medium-sized Enterprises; North America’s Best Transaction Bank and Best Bank for Sustainable Finance(h) • Best Solution Innovation in AI(i) • Best Global Bank for Transaction Banking(c) • Best Global Supply Chain Finance Bank(j) • Share Leader and Best Bank Award for U.S. Corporate Banking & Cash Management(k) • Relationships with 78% of the Global Fortune 500; 96% of the U.S. Fortune 1,000 (2025) See page 11 for Business Leadership sources. 1 Comparisons are to the year-ago quarter unless noted. 2 Global Banking and Global Markets share in certain deal economics from investment banking, loan origination activities, and sales and trading activities. 3 Revenue, net of interest expense. 4 Includes Commercial and Business Banking clients that meet revenue threshold and all Corporate clients on CashPro® and BA360 platforms as of May 2026. 5 Includes CashPro, BA360, and Global Card Access. BA360 as of May 2026.

6 Global Markets1,2,3(B) Financial Results Three months ended ($ in millions) 6/30/2026 3/31/2026 6/30/2025 Total revenue2,3 $8,022 $7,109 $5,982 Net DVA (57) 63 (51) Total revenue (excl. net DVA)2,3,4 $8,079 $7,046 $6,033 Provision (benefit) for credit losses (11) 27 22 Noninterest expense 4,484 4,370 3,806 Pretax income 3,549 2,712 2,154 Income tax expense 923 705 625 Net income $2,626 $2,007 $1,529 Net income (excl. net DVA)4 $2,669 $1,959 $1,568 Business Highlights2(B) Three months ended ($ in billions) 6/30/2026 3/31/2026 6/30/2025 Average total assets $1,120.5 $1,101.6 $1,023.0 Average trading-related assets 746.9 730.0 700.4 Average loans and leases 205.0 201.2 176.4 Sales and trading revenue 7.1 6.4 5.3 Sales and trading revenue (excl. net DVA)4 7.2 6.3 5.4 Global Markets IB fees 1.0 0.8 0.7 Efficiency ratio 56 % 61 % 64 % Return on average allocated capital 20 15 13 • Net income of $2.6 billion ($2.7 billion excl. net DVA)4 • Revenue of $8.0 billion increased 34%, driven by higher sales and trading revenue and investment banking fees – International revenue increased 38% • Noninterest expense of $4.5 billion increased 18%, driven by higher revenue-related expenses and investments in the business, including people and technology – Efficiency ratio improved to 56% • Return on average allocated capital of 20% • Average VaR of $49 million5 Business Highlights1,2,3,4(B) • Sales and trading revenue of $7.1 billion (incl. net DVA). Increased 33% (incl. and excl. net DVA)4 – Equities revenue increased 70% to $3.6 billion (incl. and excl. net DVA),4 driven by increased client activity and strong trading performance in derivatives and cash, particularly in Asia and the U.S. – FICC revenue increased 9% to $3.5 billion (incl. and excl. net DVA),4 driven primarily by credit products and commodities Additional Highlights • 650+ research analysts covering 3,600+ companies; ~1,400 corporate bond issuers across 55+ economies and 25 industries Continued Business Leadership • Global Derivatives House of the Year(l) • CLO Bank of the Year(m) • Securitization Bank of the Year(m) • Commodity Derivatives House of the Year(n) • Sustainable Finance House of the Year (o) • Best Equities Trading Desk(p) • Equity Derivatives House of the Year(n) • No. 1 Municipal Bonds Underwriter(q) • No. 2 Top Global Research Firm(r) See page 11 for Business Leadership sources. 1 Comparisons are to the year-ago quarter unless noted. The explanations for current period-over-period changes for Global Markets are the same for amounts including and excluding net DVA. 2 Global Banking and Global Markets share in certain deal economics from investment banking, loan origination activities, and sales and trading activities. 3 Revenue, net of interest expense. 4 Revenue and net income, excluding net DVA, are non-GAAP financial measures. See Endnote E on page 10 for more information. 5 VaR model uses a historical simulation approach based on three years of historical data and an expected shortfall methodology equivalent to a 99% confidence level. Average VaR was $49MM, $47MM and $84MM for 2Q26, 1Q26 and 2Q25, respectively.

7 All Other1 Financial Results Three months ended ($ in millions) 6/30/2026 3/31/2026 6/30/2025 Total revenue2 ($744) ($723) ($833) Provision (benefit) for credit losses (9) (9) (9) Noninterest expense 167 163 147 Pretax loss (902) (877) (971) Income tax expense (benefit) (610) (978) (948) Net income (loss) ($292) $101 ($23) 1 Comparisons are to the year-ago quarter unless noted. 2 Revenue, net of interest expense. Note: All Other primarily consists of asset and liability management (ALM) activities, liquidating businesses and certain expenses not otherwise allocated to a business segment. ALM activities encompass interest rate and foreign currency risk management activities for which substantially all of the results are allocated to our business segments. • Net loss of $292 million increased from a net loss of $23 million • The Corporation’s ETR for the quarter was 21.5%

8 Credit Quality1 Highlights Three months ended ($ in millions) 6/30/2026 3/31/2026 6/30/2025 Provision for credit losses $1,366 $1,337 $1,592 Net charge-offs 1,412 1,409 1,525 Net charge-off ratio2 0.47 % 0.48 % 0.55 % At period-end Nonperforming loans and leases $5,751 $5,831 $5,981 Nonperforming loans and leases ratio 0.47 % 0.49 % 0.52 % Allowance for credit losses 14,264 14,309 14,434 Allowance for loan and lease losses 13,114 13,148 13,291 Allowance for loan and lease losses ratio3 1.08 % 1.09 % 1.17 % 1 Comparisons are to the year-ago quarter unless noted. 2 Net charge-off ratio is calculated as annualized net charge-offs divided by average outstanding loans and leases during the period. 3 Allowance for loan and lease losses ratio is calculated as allowance for loan and lease losses divided by loans and leases outstanding at the end of the period. Note: Net charge-offs and ratios do not include loans accounted for under the fair value option. Charge-offs • Total net charge-offs of $1.4 billion decreased $113 million from 2Q25 and were relatively flat to 1Q26 – Consumer net charge-offs of $1.0 billion decreased $19 million from both 2Q25 and 1Q26 – Credit card charge-off rate of 3.55% vs. 3.82% in 2Q25 and 3.64% in 1Q26 ▪ Both early and late stage credit card delinquency rates improved for the fifth consecutive quarter on a year-over-year basis – Commercial net charge-offs of $372 million decreased $94 million from 2Q25 and increased $22 million from 1Q26 • Net charge-off ratio2 of 0.47% decreased 8 bps vs. 2Q25 and 1 bp vs. 1Q26 Provision for credit losses • Provision for credit losses of $1.4 billion decreased $226 million from 2Q25 and was relatively flat to 1Q26 – Net reserve release of $46 million vs. net reserve build of $67 million in 2Q25 and net reserve release of $72 million in 1Q26(G) Allowance for credit losses • Allowance for loan and lease losses of $13.1 billion represented 1.08% of total loans and leases3 – Allowance for credit losses of $14.3 billion included $1.2 billion for unfunded commitments • Nonperforming loans and leases of $5.8 billion decreased $230 million from 2Q25 and $80 million from 1Q26 • Commercial reservable criticized utilized exposure of $22.1 billion decreased $5.8 billion from 2Q25 and $2.3 billion from 1Q26

9 Balance Sheet, Liquidity, and Capital Highlights ($ in billions except per share data, end of period, unless otherwise noted)(B) Three months ended 6/30/2026 3/31/2026 6/30/2025 Ending Balance Sheet Total assets $3,499.0 $3,496.2 $3,440.8 Total loans and leases 1,217.6 1,205.0 1,147.1 Total loans and leases in business segments (excluding All Other) 1,210.2 1,198.2 1,140.1 Total deposits 2,025.1 2,037.7 2,011.6 Average Balance Sheet Average total assets $3,531.6 $3,512.5 $3,430.3 Average loans and leases 1,216.5 1,189.5 1,128.5 Average deposits 2,023.0 2,016.9 1,973.8 Funding and Liquidity Long-term debt $339.9 $326.0 $313.4 Global Liquidity Sources, average(C) 947 960 938 Equity Common shareholders’ equity $276.1 $275.7 $274.5 Common equity ratio 7.9 % 7.9 % 8.0 % Tangible common shareholders’ equity1 $206.1 $205.7 $204.5 Tangible common equity ratio1 6.0 % 6.0 % 6.1 % Per Share Data Common shares outstanding (in billions) 7.02 7.13 7.44 Book value per common share $39.34 $38.66 $36.92 Tangible book value per common share1 29.37 28.84 27.49 Regulatory Capital2(D) CET1 capital $201.6 $199.7 $201.2 Standardized approach Risk-weighted assets $1,793 $1,778 $1,748 CET1 ratio 11.2 % 11.2 % 11.5 % Advanced approaches Risk-weighted assets $1,613 $1,594 $1,546 CET1 ratio 12.5 % 12.5 % 13.0 % Supplementary leverage Supplementary leverage ratio (SLR) 5.5 % 5.5 % 5.7 % 1 Represents a non-GAAP financial measure. For reconciliations to GAAP financial measures, see page 19. 2 Effective 4Q25, the Corporation elected to change its accounting methods for certain tax-related equity investments and applied those changes retrospectively through cumulative adjustment to retained earnings. Under applicable bank regulatory rules, the Corporation is not required to revise previously-filed regulatory capital ratios and, accordingly, did not revise regulatory capital information as of 2Q25.

10 Endnotes A We also measure NII and revenue, net of interest expense, on an FTE basis, which are non-GAAP financial measures. FTE basis is a performance measure used in operating the business that management believes provides investors with meaningful information on the interest margin for comparative purposes. We believe that this presentation allows for comparison of amounts from both taxable and tax-exempt sources and is consistent with industry practice. NII on an FTE basis was $16.2 billion, $15.9 billion, $15.9 billion, $15.4 billion and $14.8 billion for the three months ended June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025 and June 30, 2025, respectively. Revenue, net of interest expense, on an FTE basis, was $31.7 billion, $30.4 billion and $27.6 billion for the three months ended June 30, 2026, March 31, 2026 and June 30, 2025, respectively. The FTE adjustment was $163 million, $162 million, $165 million, $154 million and $145 million for the three months ended June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025 and June 30, 2025, respectively. B We present certain key financial and nonfinancial performance indicators (KPIs) that management uses when assessing consolidated and/or segment results. We believe this information is useful because it provides management and investors with information about underlying operational performance and trends. KPIs are presented in Consolidated and Business Segment Highlights on page 1, Balance Sheet, Liquidity, and Capital Highlights on page 9 and on the Segment pages for each segment. C Global Liquidity Sources (GLS) include cash and high-quality, liquid, unencumbered securities, inclusive of U.S. government securities, U.S. agency securities, U.S. agency mortgage-backed securities, and a select group of non-U.S. government and supranational securities, and other investment- grade securities, and are readily available to meet funding requirements as they arise. Transfers of liquidity among legal entities may be subject to certain regulatory and other restrictions. D Regulatory capital ratios at June 30, 2026 are preliminary. The Corporation reports regulatory capital ratios under both the Standardized and Advanced approaches. Capital adequacy is evaluated against the lower of the Standardized or Advanced approaches compared to their respective regulatory capital ratio requirements. The Corporation’s binding ratio was the Tier 1 capital ratio under the Standardized approach at June 30, 2026 and the Total capital ratio under the Standardized approach at March 31, 2026 and June 30, 2025. E The below table includes Global Markets sales and trading revenue, excluding net DVA, which is a non-GAAP financial measure. We believe that the presentation of measures that exclude this item is useful because such measures provide additional information to assess the underlying operational performance and trends of our businesses and to allow better comparison of period-to-period operating performance. Three months ended (Dollars in millions) 6/30/2026 3/31/2026 6/30/2025 Sales and trading revenue Fixed-income, currencies and commodities $ 3,476 $ 3,545 $ 3,195 Equities 3,622 2,842 2,133 Total sales and trading revenue $ 7,098 $ 6,387 $ 5,328 Sales and trading revenue, excluding net debit valuation adjustment1 Fixed-income, currencies and commodities $ 3,536 $ 3,496 $ 3,249 Equities 3,619 2,828 2,130 Total sales and trading revenue, excluding net debit valuation adjustment $ 7,155 $ 6,324 $ 5,379 F Pretax, pre-provision income (PTPI) is a non-GAAP financial measure calculated by adjusting consolidated pretax income to add back provision for credit losses. Management believes that PTPI is a useful financial measure as it enables an assessment of the Company’s ability to generate earnings to cover credit losses through a credit cycle and provides an additional basis for comparing the Company's results of operations between periods by isolating the impact of provision for credit losses, which can vary significantly between periods. For reconciliations to GAAP financial measures, see page 19. G Reserve build (or release) is calculated by subtracting net charge-offs for the period from the provision for credit losses recognized in that period. The period-end allowance, or reserve, for credit losses reflects the beginning of the period allowance adjusted for net charge-offs recorded in that period plus the provision for credit losses and other valuation accounts recognized in that period. 1 For the three months ended June 30, 2026, March 31, 2026 and June 30, 2025, net DVA gains (losses) were ($57) million, $63 million and ($51) million, FICC net DVA gains (losses) were ($60) million, $49 million and ($54) million, and Equities net DVA gains (losses) were $3 million, $14 million and $3 million, respectively.

11 (a) FFIEC Call Reports, 1Q26. (b) J.D. Power 2026 U.S. Retail Banking Advice Satisfaction Study measures customer satisfaction with retail bank advice / guidance in the past 12 months. For more information, visit jdpower.com/awards.* (c) Global Finance, 2026. (d) StockBrokers.com* 2026 Annual Awards. (e) Family Wealth Report, 2026. (f) Chestnut Solutions Institute, 2025. (g) Coalition Greenwich Digital Transformation Benchmarking Program, 2025. (h) Euromoney, 2025. (i) Treasury Management International, 2026. (j) Asian Banker, 2026. (k) Coalition Greenwich, 2026. (l) GlobalCapital, 2025. (m) GlobalCapital, 2026. (n) IFR, 2025. (o) EnergyRisk, 2026. (p) Global Markets Choice Awards, 2026. (q) LSEG-Refinitiv, 2Q26. (r) Extel, 2025. Business Leadership Sources * Website content is not incorporated by reference into this press release.

12 Contact Information and Investor Conference Call Invitation Investor Call Information Chair and CEO Brian Moynihan and Executive Vice President and CFO Alastair Borthwick will discuss second- quarter 2026 financial results in an investor conference call at 8:30 a.m. ET today. The conference call and presentation materials can be accessed on the Bank of America Investor Relations website at https:// investor.bankofamerica.com.* For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international). The conference ID is 79795. Please dial in 10 minutes prior to the start of the call. Investors can access replays of the conference call by visiting the Investor Relations website or by calling 1.800.934.4850 (U.S.) or 1.402.220.1178 (international) from noon July 14 through 11:59 p.m. ET on July 24. Investors May Contact: Lee McEntire, Bank of America Phone: 1.980.388.6780 lee.mcentire@bofa.com Jonathan G. Blum, Bank of America (Fixed Income) Phone: 1.212.449.3112 jonathan.blum@bofa.com Bank of America Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award- winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy- to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries and/or jurisdictions. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Forward-Looking Statements Bank of America Corporation (the Corporation) and its management may make certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “anticipates,” “targets,” “expects,” “hopes,” “estimates,” “intends,” “plans,” “goals,” “outlook,” “believes,” “continue” and other similar expressions or future or conditional verbs such as “will,” “may,” “might,” “should,” “would” and “could.” Forward-looking statements represent the Corporation’s current expectations, plans or forecasts of its or its business segments' future results, which may include, among other measures, revenue, liquidity, net interest income, other income, provision for credit losses, expenses, operating leverage, effective tax rate, efficiency ratio, capital measures, deposits and assets, as well as strategy, future business and economic conditions more generally, and other future matters. These statements are not guarantees of future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond the Corporation’s control. Actual outcomes and results may differ materially from those expressed in, or implied by, any of these forward-looking statements. * Website content is not incorporated by reference into this press release. Reporters May Contact: Jocelyn Seidenfeld, Bank of America Phone: 1.646.743.3356 jocelyn.seidenfeld@bofa.com Tim Hurkmans, Bank of America Phone: 1.929.656.1718 tim.hurkmans@bofa.com

13 You should not place undue reliance on any forward-looking statement and should consider the following uncertainties and risks, as well as the risks and uncertainties more fully discussed under Item 1A. Risk Factors of the Corporation’s 2025 Annual Report on Form 10-K and in any of the Corporation’s subsequent U.S. Securities and Exchange Commission (SEC) filings: the Corporation’s potential judgments, orders, settlements, penalties, fines and reputational damage, which are inherently difficult to predict, resulting from pending, threatened or future litigation and regulatory inquiries, demands, requests, investigations, proceedings and enforcement actions, which the Corporation is subject to in the ordinary course of business, including matters related to our processing of unemployment benefits for California and certain other states, the features of our automatic credit card payment service, the adequacy of the Corporation’s anti-money laundering and economic sanctions programs and the processing of electronic payments, including through the Zelle network, and related fraud, which are in various stages; in connection with ongoing litigation, the impact of certain changes to Visa’s and Mastercard’s respective card payment network rules and reductions in interchange fees for U.S.-based merchants; the possibility that the Corporation's future liabilities may be in excess of its recorded liability and estimated range of possible loss for litigation, and regulatory and government actions; the impact of U.S. and global interest rates (including the potential for ongoing fluctuations in interest rates), inflation, currency exchange rates, economic conditions, trade policies and tensions, including changes in, or the imposition of, tariffs and / or trade barriers and the economic impacts, volatility and uncertainty resulting therefrom, which may have varying effects across industries and geographies, and geopolitical instability; uncertainties about the financial stability and growth rates of non-U.S. jurisdictions, the risk that those jurisdictions may face difficulties servicing their sovereign debt, and related stresses on financial markets, currencies and trade, and the Corporation’s exposures to such risks, including direct, indirect and operational; the impact of the interest rate, inflationary, macroeconomic, banking and regulatory environment on the Corporation’s assets, business, financial condition and results of operations; the impact of adverse developments affecting the U.S. or global banking industry, including a deterioration in private credit markets, bank failures and liquidity concerns, resulting in worsening economic and market volatility, and regulatory responses thereto; the possibility that future credit losses may be higher than currently expected, including due to changes in economic assumptions, which may include unemployment rates, real estate prices, gross domestic product levels and corporate bond spreads, customer behavior, adverse developments with respect to U.S. or global economic conditions and other uncertainties, such as the impact of trade policies, supply chain disruptions, commodity prices, inflationary pressures and labor shortages on economic conditions and our business; potential losses related to the Corporation’s concentration of credit risk; the Corporation's ability to achieve its expense targets (including noninterest expense) and expectations regarding revenue, net interest income, operating leverage, other income, provision for credit losses, net charge-offs, effective tax rate, loan or deposit growth or other projections and targets; variances to the underlying assumptions and judgments used in estimating banking book net interest income sensitivity; adverse changes to the Corporation’s credit ratings from the major credit rating agencies; an inability to access capital markets or maintain deposits or borrowing costs; estimates of the fair value and other accounting values, subject to impairment assessments, of certain of the Corporation’s assets and liabilities; the estimated or actual impact of changes in accounting standards or assumptions in applying those standards; uncertainty regarding the content, timing and impact of regulatory capital and liquidity requirements; the impact of adverse changes to total loss- absorbing capacity requirements, stress capital buffer requirements and / or global systemically important bank surcharges; the potential impact of actions of the Board of Governors of the Federal Reserve System on the Corporation’s capital plans; the effect of changes in or interpretations of income tax laws and regulations, including impacts from the 2025 Budget Reconciliation Act; the impact of implementation and compliance with U.S. and international laws, regulations and regulatory interpretations, including recovery and resolution planning requirements, Federal Deposit Insurance Corporation assessments, fiduciary standards, derivatives regulations and potential changes to loss allocations between financial institutions and customers, including for losses incurred from the use of our products and services, including electronic payments and payment of checks, that were authorized by the customer but induced by fraud; the impact of failures or disruptions in or breaches of the Corporation’s operations or information systems, or those of various third parties, including regulators and federal and state governments, such as from cybersecurity incidents; the risks related to the development, implementation, use and management of emerging technologies, including artificial intelligence and the ability to achieve expected or potential benefits, such as increased productivity and cost savings; the risks related to the transition and physical impacts of climate change; our ability to achieve environmental goals or the impact of any changes in the Corporation's sustainability or human capital management strategy or goals; the impact of uncertain or changing political conditions, federal government shutdowns, including partial shutdowns, and uncertainty regarding the federal government’s debt limit or changes in fiscal, monetary, trade or regulatory policy; the emergence of widespread health emergencies or pandemics; the impact of natural disasters, extreme weather events, military conflicts (including the Russia / Ukraine conflict, the conflicts in the Middle East, the possible expansion of such conflicts and potential geopolitical and economic consequences), civil unrest, terrorism or other geopolitical events; and other matters. Forward-looking statements speak only as of the date they are made, and the Corporation undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. “Bank of America” and “BofA Securities” are the marketing names used by the Global Banking and Global Markets divisions of Bank of America Corporation. Lending, other commercial banking activities, and trading in certain financial instruments are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Trading in securities and financial instruments, and strategic advisory, and other investment banking activities, are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”) or other affiliates, including, in the United States, BofA Securities, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, each of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. BofA Securities, Inc. is registered as a futures commission merchant with the CFTC and is a member of the NFA. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured · May Lose Value · Are Not Bank Guaranteed. Bank of America Corporation’s broker-dealers are not banks and are separate legal entities from their bank affiliates. The obligations of the broker-dealers are not obligations of their bank affiliates (unless explicitly stated otherwise), and these bank affiliates are not responsible for securities sold, offered, or recommended by the broker-dealers. The foregoing also applies to other non-bank affiliates. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom at https://newsroom.bankofamerica.com.* www.bankofamerica.com* * Website content is not incorporated by reference into this press release.

Current-period information is preliminary and based on company data available at the time of the presentation. 14 Bank of America Corporation and Subsidiaries Selected Financial Data (In millions, except per share data) Six Months Ended June 30 Second Quarter 2026 First Quarter 2026 Second Quarter 2025Summary Income Statement 2026 2025 Net interest income $ 31,742 $ 29,113 $ 15,997 $ 15,745 $ 14,670 Noninterest income 30,088 26,577 15,561 14,527 12,773 Total revenue, net of interest expense 61,830 55,690 31,558 30,272 27,443 Provision for credit losses 2,703 3,072 1,366 1,337 1,592 Noninterest expense 37,158 34,953 18,627 18,531 17,183 Income before income taxes 21,969 17,665 11,565 10,404 8,668 Income tax expense 4,311 3,135 2,491 1,820 1,498 Net income $ 17,658 $ 14,530 $ 9,074 $ 8,584 $ 7,170 Preferred stock dividends 755 697 326 429 291 Net income applicable to common shareholders $ 16,903 $ 13,833 $ 8,748 $ 8,155 $ 6,879 Average common shares issued and outstanding 7,203.5 7,629.5 7,151.2 7,256.1 7,581.2 Average diluted common shares issued and outstanding 7,356.2 7,711.2 7,294.2 7,417.5 7,651.6 Summary Average Balance Sheet Total cash and cash equivalents $ 275,712 $ 297,677 $ 281,356 $ 270,005 $ 299,620 Total debt securities 897,762 928,432 880,724 914,990 933,065 Total loans and leases 1,203,098 1,111,191 1,216,519 1,189,528 1,128,453 Total earning assets 3,103,370 3,008,755 3,106,726 3,099,977 3,050,206 Total assets 3,522,082 3,389,870 3,531,568 3,512,490 3,430,280 Total deposits 2,019,955 1,966,089 2,022,950 2,016,929 1,973,761 Common shareholders’ equity 276,368 272,321 275,988 276,753 272,756 Total shareholders’ equity 301,738 294,761 300,984 302,501 295,329 Performance Ratios Return on average assets 1.01 % 0.86 % 1.03 % 0.99 % 0.84 % Return on average common shareholders’ equity 12.33 10.24 12.71 11.95 10.12 Return on average tangible common shareholders’ equity (1) 16.52 13.79 17.03 16.00 13.61 Per Common Share Information Earnings $ 2.35 $ 1.81 $ 1.22 $ 1.12 $ 0.91 Diluted earnings 2.31 1.79 1.21 1.11 0.90 Dividends paid 0.56 0.52 0.28 0.28 0.26 Book value 39.34 36.92 39.34 38.66 36.92 Tangible book value (1) 29.37 27.49 29.37 28.84 27.49 Summary Period-End Balance Sheet June 30 2026 March 31 2026 June 30 2025 Total cash and cash equivalents $ 229,745 $ 242,479 $ 266,011 Total debt securities 869,218 901,127 930,216 Total loans and leases 1,217,619 1,205,035 1,147,056 Total earning assets 3,068,127 3,077,835 3,038,726 Total assets 3,498,956 3,496,186 3,440,798 Total deposits 2,025,124 2,037,663 2,011,613 Common shareholders’ equity 276,098 275,672 274,526 Total shareholders’ equity 301,094 300,668 298,021 Common shares issued and outstanding 7,018.0 7,129.9 7,436.7 Six Months Ended June 30 Second Quarter 2026 First Quarter 2026 Second Quarter 2025Credit Quality 2026 2025 Total net charge-offs $ 2,821 $ 2,977 $ 1,412 $ 1,409 $ 1,525 Net charge-offs as a percentage of average loans and leases outstanding (2) 0.47 % 0.54 % 0.47 % 0.48 % 0.55 % Provision for credit losses $ 2,703 $ 3,072 $ 1,366 $ 1,337 $ 1,592 June 30 2026 March 31 2026 June 30 2025 Total nonperforming loans, leases and foreclosed properties (3) $ 5,870 $ 5,933 $ 6,104 Nonperforming loans, leases and foreclosed properties as a percentage of total loans, leases and foreclosed properties (3) 0.48 % 0.49 % 0.54 % Allowance for credit losses $ 14,264 $ 14,309 $ 14,434 Allowance for loan and lease losses 13,114 13,148 13,291 Allowance for loan and lease losses as a percentage of total loans and leases outstanding (2) 1.08 % 1.09 % 1.17 % For footnotes, see page 15.

Current-period information is preliminary and based on company data available at the time of the presentation. 15 Bank of America Corporation and Subsidiaries Selected Financial Data (continued) (Dollars in millions) Capital Management June 30 2026 March 31 2026 June 30 2025 Regulatory capital metrics (4, 5): Common equity tier 1 capital $ 201,581 $ 199,695 $ 201,200 Common equity tier 1 capital ratio - Standardized approach 11.2 % 11.2 % 11.5 % Common equity tier 1 capital ratio - Advanced approaches 12.5 12.5 13.0 Total capital ratio - Standardized approach 14.7 14.5 14.8 Total capital ratio - Advanced approaches 15.6 15.5 16.1 Tier 1 leverage ratio 6.6 6.5 6.7 Supplementary leverage ratio 5.5 5.5 5.7 Total ending equity to total ending assets ratio 8.6 8.6 8.7 Common equity ratio 7.9 7.9 8.0 Tangible equity ratio (6) 6.7 6.7 6.8 Tangible common equity ratio (6) 6.0 6.0 6.1 (1) Return on average tangible common shareholders’ equity and tangible book value per share of common stock are non-GAAP financial measures. We believe the use of ratios that utilize tangible equity provides additional useful information because they present measures of those assets that can generate income. Tangible book value per common share provides additional useful information about the level of tangible assets in relation to outstanding shares of common stock. See Reconciliations to GAAP Financial Measures on page 19. (2) Ratios do not include loans accounted for under the fair value option. Charge-off ratios are annualized for the quarterly presentation. (3) Balances do not include past due consumer credit card loans, consumer loans secured by real estate where repayments are insured by the Federal Housing Administration and individually insured long-term stand-by agreements (fully-insured home loans), and in general, other consumer and commercial loans not secured by real estate, and nonperforming loans held-for-sale or accounted for under the fair value option. (4) Effective in the fourth quarter of 2025, the Corporation elected to change its accounting methods for certain tax-related equity investments and applied those changes retrospectively through cumulative adjustment to retained earnings. Under applicable bank regulatory rules, the Corporation is not required to revise previously-filed regulatory capital ratios and, accordingly, did not revise regulatory capital information as of June 30, 2025. (5) Regulatory capital ratios at June 30, 2026 are preliminary. Bank of America Corporation reports regulatory capital ratios under both the Standardized and Advanced approaches. Capital adequacy is evaluated against the lower of the Standardized or Advanced approaches compared to their respective regulatory capital ratio requirements. The Corporation’s binding ratio was the Tier 1 capital ratio under the Standardized approach at June 30, 2026 and the Total capital ratio under the Standardized approach at March 31, 2026 and June 30, 2025. (6) Tangible equity ratio equals period-end tangible shareholders’ equity divided by period-end tangible assets. Tangible common equity ratio equals period-end tangible common shareholders’ equity divided by period-end tangible assets. Tangible shareholders’ equity and tangible assets are non-GAAP financial measures. We believe the use of ratios that utilize tangible equity provides additional useful information because they present measures of those assets that can generate income. See Reconciliations to GAAP Financial Measures on page 19.

Current-period information is preliminary and based on company data available at the time of the presentation. 16 Bank of America Corporation and Subsidiaries Quarterly Results by Business Segment and All Other (Dollars in millions) Second Quarter 2026 Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 11,336 $ 6,871 $ 6,236 $ 8,022 $ (744) Provision for credit losses 1,160 11 215 (11) (9) Noninterest expense 5,801 4,976 3,199 4,484 167 Net income (loss) 3,281 1,413 2,046 2,626 (292) Return on average allocated capital (1) 29 % 26 % 15 % 20 % n/m Balance Sheet Average Total loans and leases $ 321,056 $ 270,257 $ 413,364 $ 204,994 $ 6,848 Total deposits 956,957 281,593 651,867 38,129 94,404 Allocated capital (1) 45,500 22,250 54,250 53,500 n/m Period end Total loans and leases $ 322,271 $ 276,980 $ 412,294 $ 198,678 $ 7,396 Total deposits 953,195 278,155 662,867 38,146 92,761 First Quarter 2026 Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 11,049 $ 6,712 $ 6,287 $ 7,109 $ (723) Provision for credit losses 1,132 2 185 27 (9) Noninterest expense 5,837 4,938 3,223 4,370 163 Net income 3,060 1,329 2,087 2,007 101 Return on average allocated capital (1) 27 % 24 % 16 % 15 % n/m Balance Sheet Average Total loans and leases $ 322,164 $ 262,150 $ 396,988 $ 201,237 $ 6,989 Total deposits 950,809 286,578 647,583 39,752 92,207 Allocated capital (1) 45,500 22,250 54,250 53,500 n/m Period end Total loans and leases $ 321,196 $ 264,070 $ 406,982 $ 205,941 $ 6,846 Total deposits 973,306 287,719 647,018 38,012 91,608 Second Quarter 2025 Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 10,813 $ 5,937 $ 5,689 $ 5,982 $ (833) Provision for credit losses 1,282 20 277 22 (9) Noninterest expense 5,567 4,593 3,070 3,806 147 Net income (loss) 2,973 993 1,698 1,529 (23) Return on average allocated capital (1) 27 % 20 % 13 % 13 % n/m Balance Sheet Average Total loans and leases $ 319,142 $ 237,377 $ 387,864 $ 176,368 $ 7,702 Total deposits 951,986 276,825 603,410 38,040 103,500 Allocated capital (1) 44,000 19,750 50,750 49,000 n/m Period end Total loans and leases $ 320,908 $ 241,142 $ 390,691 $ 187,357 $ 6,958 Total deposits 954,373 275,778 643,529 38,232 99,701 (1) Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently. n/m = not meaningful The Company reports the results of operations of its four business segments and All Other on a fully taxable-equivalent (FTE) basis.

Current-period information is preliminary and based on company data available at the time of the presentation. 17 Bank of America Corporation and Subsidiaries Year-to-Date by Business Segment and All Other (Dollars in millions) Six Months Ended June 30, 2026 Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 22,385 $ 13,583 $ 12,523 $ 15,131 $ (1,467) Provision for credit losses 2,292 13 400 16 (18) Noninterest expense 11,638 9,914 6,422 8,854 330 Net income (loss) 6,341 2,742 4,133 4,633 (191) Return on average allocated capital (1) 28 % 25 % 15 % 17 % n/m Balance Sheet Average Total loans and leases $ 321,607 $ 266,226 $ 405,222 $ 203,126 $ 6,917 Total deposits 953,900 284,072 649,737 38,936 93,310 Allocated capital (1) 45,500 22,250 54,250 53,500 n/m Period end Total loans and leases $ 322,271 $ 276,980 $ 412,294 $ 198,678 $ 7,396 Total deposits 953,195 278,155 662,867 38,146 92,761 Six Months Ended June 30, 2025 Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 21,306 $ 11,953 $ 11,681 $ 12,567 $ (1,527) Provision for credit losses 2,574 34 431 50 (17) Noninterest expense 11,393 9,252 6,254 7,617 437 Net income (loss) 5,504 2,000 3,622 3,479 (75) Return on average allocated capital (1) 25 % 21 % 14 % 14 % n/m Balance Sheet Average Total loans and leases $ 317,101 $ 234,866 $ 383,324 $ 168,043 $ 7,857 Total deposits 949,780 281,586 589,375 38,423 106,925 Allocated capital (1) 44,000 19,750 50,750 49,000 n/m Period end Total loans and leases $ 320,908 $ 241,142 $ 390,691 $ 187,357 $ 6,958 Total deposits 954,373 275,778 643,529 38,232 99,701 (1) Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently. n/m = not meaningful

Current-period information is preliminary and based on company data available at the time of the presentation. 18 Bank of America Corporation and Subsidiaries Supplemental Financial Data (Dollars in millions) Six Months Ended June 30 Second Quarter 2026 First Quarter 2026 Second Quarter 2025FTE basis data (1) 2026 2025 Net interest income $ 32,067 $ 29,403 $ 16,160 $ 15,907 $ 14,815 Total revenue, net of interest expense 62,155 55,980 31,721 30,434 27,588 Net interest yield 2.08 % 1.96 % 2.08 % 2.07 % 1.94 % Efficiency ratio 59.78 62.44 58.72 60.89 62.28 Other Data June 30 2026 March 31 2026 June 30 2025 Number of financial centers - U.S. 3,530 3,540 3,664 Number of branded ATMs - U.S. 14,939 14,902 14,904 Headcount 211,304 212,134 213,388 (1) FTE basis is a non-GAAP financial measure. FTE basis is a performance measure used by management in operating the business that management believes provides investors with meaningful information on the interest margin for comparative purposes. The Corporation believes that this presentation allows for comparison of amounts from both taxable and tax-exempt sources and is consistent with industry practices. Net interest income includes FTE adjustments of $325 million and $290 million for the six months ended June 30, 2026 and 2025, $163 million and $162 million for the second and first quarters of 2026, and $145 million for the second quarter of 2025.

Current-period information is preliminary and based on company data available at the time of the presentation. 19 The Corporation evaluates its business using certain non-GAAP financial measures, including pretax, pre-provision income (as defined in Endnote F on page 10) and ratios that utilize tangible equity and tangible assets, each of which is a non-GAAP financial measure. Tangible equity represents shareholders’ equity or common shareholders’ equity reduced by goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities (“adjusted” shareholders’ equity or common shareholders’ equity). Return on average tangible common shareholders’ equity measures the Corporation’s net income applicable to common shareholders as a percentage of adjusted average common shareholders’ equity. The tangible common equity ratio represents adjusted ending common shareholders’ equity divided by total tangible assets (total assets less goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities). Return on average tangible shareholders’ equity measures the Corporation’s net income as a percentage of adjusted average total shareholders’ equity. The tangible equity ratio represents adjusted ending shareholders’ equity divided by total tangible assets. Tangible book value per common share represents adjusted ending common shareholders’ equity divided by ending common shares outstanding. These measures are used to evaluate the Corporation’s use of equity. In addition, profitability, relationship and investment models all use return on average tangible shareholders’ equity as key measures to support our overall growth goals. See the tables below for reconciliations of these non-GAAP financial measures to the most directly comparable financial measures defined by GAAP for the six months ended June 30, 2026 and 2025, and the three months ended June 30, 2026, March 31, 2026 and June 30, 2025. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in understanding its results of operations and trends. Other companies may define or calculate these non-GAAP financial measures differently. Bank of America Corporation and Subsidiaries Reconciliations to GAAP Financial Measures (Dollars in millions, except per share information) Six Months Ended June 30 Second Quarter 2026 First Quarter 2026 Second Quarter 2025 2026 2025 Reconciliation of income before income taxes to pretax, pre-provision income Income before income taxes $ 21,969 $ 17,665 $ 11,565 $ 10,404 $ 8,668 Provision for credit losses 2,703 3,072 1,366 1,337 1,592 Pretax, pre-provision income $ 24,672 $ 20,737 $ 12,931 $ 11,741 $ 10,260 Reconciliation of average shareholders’ equity to average tangible shareholders’ equity and average tangible common shareholders’ equity Shareholders’ equity $ 301,738 $ 294,761 $ 300,984 $ 302,501 $ 295,329 Goodwill (69,021) (69,021) (69,021) (69,021) (69,021) Intangible assets (excluding mortgage servicing rights) (1,824) (1,902) (1,815) (1,834) (1,893) Related deferred tax liabilities 823 848 820 825 846 Tangible shareholders’ equity $ 231,716 $ 224,686 $ 230,968 $ 232,471 $ 225,261 Preferred stock (25,370) (22,440) (24,996) (25,748) (22,573) Tangible common shareholders’ equity $ 206,346 $ 202,246 $ 205,972 $ 206,723 $ 202,688 Reconciliation of period-end shareholders’ equity to period-end tangible shareholders’ equity and period-end tangible common shareholders’ equity Shareholders’ equity $ 301,094 $ 298,021 $ 301,094 $ 300,668 $ 298,021 Goodwill (69,021) (69,021) (69,021) (69,021) (69,021) Intangible assets (excluding mortgage servicing rights) (1,803) (1,880) (1,803) (1,821) (1,880) Related deferred tax liabilities 816 842 816 821 842 Tangible shareholders’ equity $ 231,086 $ 227,962 $ 231,086 $ 230,647 $ 227,962 Preferred stock (24,996) (23,495) (24,996) (24,996) (23,495) Tangible common shareholders’ equity $ 206,090 $ 204,467 $ 206,090 $ 205,651 $ 204,467 Reconciliation of period-end assets to period-end tangible assets Assets $ 3,498,956 $ 3,440,798 $ 3,498,956 $ 3,496,186 $ 3,440,798 Goodwill (69,021) (69,021) (69,021) (69,021) (69,021) Intangible assets (excluding mortgage servicing rights) (1,803) (1,880) (1,803) (1,821) (1,880) Related deferred tax liabilities 816 842 816 821 842 Tangible assets $ 3,428,948 $ 3,370,739 $ 3,428,948 $ 3,426,165 $ 3,370,739 Book value per share of common stock Common shareholders’ equity $ 276,098 $ 274,526 $ 276,098 $ 275,672 $ 274,526 Ending common shares issued and outstanding 7,018.0 7,436.7 7,018.0 7,129.9 7,436.7 Book value per share of common stock $ 39.34 $ 36.92 $ 39.34 $ 38.66 $ 36.92 Tangible book value per share of common stock Tangible common shareholders’ equity $ 206,090 $ 204,467 $ 206,090 $ 205,651 $ 204,467 Ending common shares issued and outstanding 7,018.0 7,436.7 7,018.0 7,129.9 7,436.7 Tangible book value per share of common stock $ 29.37 $ 27.49 $ 29.37 $ 28.84 $ 27.49

EX-99.2 3 bac06302026ex992.htm THE PRESENTATION MATERIALS bac06302026ex992

Bank of America 2Q26 Financial Results July 14, 2026

Note: IB stands for investment banking. ROA stands for return on average assets. ROE stands for return on average common shareholders’ equity. ROTCE stands for return on average tangible common shareholders’ equity. 1 Diluted earnings per share. 2 Operating leverage calculated as the year-over-year percentage change in revenue, net of interest expense, less the percentage change in noninterest expense. 3 Revenue, net of interest expense. 4 Average basis. 5 Common equity tier 1 capital (CET1) ratio at June 30, 2026, is preliminary. 6 Average basis. See note A on slide 29 for definition of Global Liquidity Sources (GLS). 7 Represents a non-GAAP financial measure. For important presentation information, see slide 32. Earnings Growth Revenue Growth Balance Sheet Strength Net income $9.1B +27% YoY EPS $1.211 +34% YoY Operating leverage2 6.6% Efficiency ratio 59% Revenue $31.6B3 +15% YoY Net interest income +9% YoY Sales & trading +33% YoY IB fees +50% YoY Asset mgmt. fees +20% YoY Deposits $2.0T4 +2% YoY Loans $1.2T4 +8% YoY CET1 11.2%5 well above reg. min. Robust liquidity GLS $947B6 1.03% ROA +19 bps YoY 12.7% ROE +259 bps YoY 17.0% ROTCE7 +342 bps YoY 2Q26 Highlights 2

1 GWIM stands for Global Wealth & Investment Management. 2 ROAC stands for return on average allocated capital. Every Business Segment Contributed to Year-Over-Year Growth 3 Consumer Banking $3.3B Net income up 10% 29% ROAC2 GWIM1 $1.4B Net income up 42% 26% ROAC Global Markets $2.6B Net income up 72% 20% ROAC Global Banking $2.0B Net income up 20% 15% ROAC Grew avg. loans and deposits Grew revenue and net income Delivered operating leverage

• Net income $9.1B; EPS $1.21; ROE 12.7%, ROTCE1 17.0% • Revenue, net of interest expense, of $31.6B ($31.7B FTE)1 increased $4.1B, or 15%, reflecting higher net interest income (NII), sales and trading revenue, asset management fees, and investment banking fees – NII of $16.0B ($16.2B FTE)1 increased $1.3B, or 9% – Noninterest income of $15.6B increased $2.8B, or 22% • Provision for credit losses of $1.4B decreased from $1.6B in 2Q25 and was relatively flat to 1Q26 – Net charge-offs (NCOs) of $1.4B decreased from $1.5B in 2Q25 and were relatively flat vs. 1Q26 • Noninterest expense of $18.6B increased $1.4B, or 8% – Operating leverage of 6.6% – Efficiency ratio improved to 59% • Balance sheet remained strong – Average deposits of $2.02T increased $49B, or 2% – Average loans and leases of $1.22T increased $88B, or 8% – Average Global Liquidity Sources2 of $947B – CET1 capital of $202B – CET1 ratio stable at 11.2%3 vs. 1Q26; well above regulatory minimum – Paid $2.0B in common stock dividends and repurchased $6.0B of common stock Note: FTE stands for fully taxable-equivalent basis. 1 Represent non-GAAP financial measures. For important presentation information, see slide 32. 2 See note A on slide 29 for definition of Global Liquidity Sources. 3 CET1 ratio at June 30, 2026, is preliminary. 2Q26 Highlights (Comparisons to 2Q25, unless otherwise noted) 4

Resilient Economic Outlook and Consumer Spend BofA Global Research CPI Inflation Estimates1 5 1H26 Credit and Debit3 YoY % Growth Total spend up 7%; transactions up 4% 14% 13% 7% 5% 4% 3%3% 7% 4% 6% 2% 1% $ Volume Transaction # Gas Entertainment Travel Retail Services Food Payment Spend2 and YoY % Growth $4.1T $4.3T $4.5T +4% +5% +5% 2023 2024 2025 BofA Global Research Real GDP Growth Estimates1 1 As of June 25, 2026. E stands for estimate. GDP stands for gross domestic product. CPI stands for consumer price index. 2 Total payments represent payments made from Bank of America accounts using credit card, debit card, ACH, wires, billpay, person-to-person, cash, and checks. 3 Includes consumer and small business credit card portfolios in Consumer Banking and GWIM. 4 Excludes credit and debit money transfers, charitable donations, and miscellaneous categories with immaterial volume. 4 4 2.8% 2.1% 2.2% 2.2% 3.2% 3.5% 3.2% 3.5% U.S. Global 2024 2025 2026E 2027E 3.0% 2.7% 3.2% 2.1% 3.2% 2.5% 3.0% 2.4% U.S. Global 2024 2025 2026E 2027E $2.3T $2.4T +4% +5% 1H25 1H26 $ Volume YoY % change

Balance Sheet Metrics 2Q26 1Q26 2Q25 Basel 3 Capital ($B)3,4 2Q26 1Q26 2Q25 Assets ($B) Common equity tier 1 capital $202 $200 $201 Total assets $3,499 $3,496 $3,441 Standardized approach Total loans and leases 1,218 1,205 1,147 Risk-weighted assets (RWA) $1,793 $1,778 $1,748 Cash and cash equivalents 230 242 266 CET1 ratio 11.2 % 11.2 % 11.5 % Total debt securities 869 901 930 Advanced approaches Carried at fair value 363 386 389 Risk-weighted assets $1,613 $1,594 $1,546 Held-to-maturity, at amortized cost 506 515 541 CET1 ratio 12.5 % 12.5 % 13.0 % Supplementary leverage Funding & Liquidity ($B) Supplementary Leverage Ratio 5.5 % 5.5 % 5.7 % Total deposits $2,025 $2,038 $2,012 Long-term debt 340 326 313 Global Liquidity Sources (average)1 947 960 938 Equity ($B) Common shareholders' equity $276 $276 $275 Common equity ratio 7.9 % 7.9 % 8.0 % Tangible common shareholders' equity2 $206 $206 $204 Tangible common equity ratio2 6.0 % 6.0 % 6.1 % Per Share Data Book value per common share $39.34 $38.66 $36.92 Tangible book value per common share2 29.37 28.84 27.49 Common shares outstanding (in billions) 7.02 7.13 7.44 Balance Sheet, Liquidity, and Capital (EOP basis unless noted) 6 • CET1 ratio of 11.2%, stable vs. 1Q263 – CET1 capital of $202B increased $2B – Standardized RWA of $1.8T increased $15B • Book value per share of $39.34 and tangible book value per share of $29.37 each improved 7% vs. 2Q252 • Average Global Liquidity Sources of $947B decreased modestly from 1Q261 Note: EOP stands for end of period. 1 See note A on slide 29 for definition of Global Liquidity Sources. 2 Represent non-GAAP financial measures. For important presentation information, see slide 32. 3 Regulatory capital ratios at June 30, 2026, are preliminary. Bank of America Corporation (Corporation) reports regulatory capital ratios under both the Standardized and Advanced approaches. Capital adequacy is evaluated against the lower of the Standardized or Advanced approaches compared to their respective regulatory capital ratio requirements. The Corporation’s binding ratio was the Tier 1 capital ratio under the Standardized approach at June 30, 2026, and the Total capital ratio under the Standardized approach at March 31, 2026, and June 30, 2025. 4 Effective 4Q25, the Corporation elected to change its accounting methods for certain tax-related equity investments and applied those changes retrospectively through cumulative adjustment to retained earnings. Under applicable bank regulatory rules, the Corporation is not required to revise previously-filed regulatory capital ratios and, accordingly, did not revise regulatory capital information as of 2Q25.

$952 $947 $945 $951 $957 475 472 474 480 489 477 475 471 471 468 Low-interest and noninterest checking Other deposits 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $250 $500 $750 $1,000 +3% (2%) Average Deposit Trends YoY +2% Note: Amounts may not total due to rounding. 1 Includes Global Markets and All Other. YoY +1% Global Banking Deposits ($B) Consumer Banking Deposits ($B) Total Deposit Rate Paid (bps)Total Deposits ($B) 176 147 146 58 51 48 247 204 202 277 221 223 Total Consumer Banking GWIM Global Banking 2Q25 3Q25 4Q25 1Q26 2Q26 7 $603 $632 $656 $648 $652 150 148 154 154 153 454 483 502 493 498 Noninterest-bearing Interest-bearing 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $200 $400 $600 $800 $1,974 $1,991 $2,013 $2,017 $2,023 952 947 945 951 957 603 632 656 648 652 277 277 279 287 282 Consumer Banking Global Banking GWIM Other 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $750 $1,500 $2,250 +1% +2% +8% +10% +2% YoY +8% 1

$470 $473 $478 $480 $483 261 262 263 263 263 100 101 103 103 104 109 110 113 114 116 Home lending Consumer credit card Direct / indirect and other 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $200 $400 $600 +1% +4% +7% Average Loan and Lease Trends YoY +8% YoY +3% Note: Amounts may not total due to rounding. 1 Includes residential mortgage and home equity. 2 Includes auto lending, securities-based lending, and other. Commercial Loans and Leases ($B) Consumer Loans and Leases ($B) Total Loans and Leases by Portfolio ($B)Total Loans and Leases ($B) $470 $473 $478 $480 $483 $658 $680 $692 $709 $733 Consumer Commercial 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $250 $500 $750 8 $658 $680 $692 $709 $733 406 421 433 443 459 149 154 153 158 165 66 66 67 69 7022 22 22 23 23 U.S. commercial Non-U.S. commercial Commercial real estate U.S. small business Commercial lease financing 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $250 $500 $750 $1,128 $1,153 $1,171 $1,190 $1,217 319 320 323 322 321 388 388 386 397 413 237 246 257 262 270 176 191 198 201 205 Consumer Banking Global Banking GWIM Global Markets All Other 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $500 $1,000 $1,500 +1% +14% +7% +16% 1 +13% +10% +7% YoY +11% +8% 2

• Net interest income of $16.0B ($16.2B FTE)1 – Increased $1.3B from 2Q25, driven by higher NII related to Global Markets (GM) activity, higher loan and deposit balances, and fixed-rate asset repricing, partially offset by the impact of lower interest rates – Increased $0.3B vs. 1Q26, as higher loan and deposit balances, one additional day of interest accrual, and fixed-rate asset repricing were partially offset by lower loan yields • Net interest yield of 2.08% increased 14 bps from 2Q25 and 1 bp from 1Q26 – Excluding GM, net interest yield of 2.57%1 • Estimated impact to NII relative to the baseline forecast over next 12 months from parallel shift of the June 30, 2026 forward interest rate yield curve:2 – +100 bps above curve: +$1.0B higher NII – -100 bps below curve: ($2.2B) lower NII Net Interest Income (FTE, $B)1 Net Interest Income Note: Amounts may not total due to rounding. 1 Represent non-GAAP financial measures. Net interest yield adjusted to exclude Global Markets NII of $1.9B, $1.9B, $1.8B, $1.5B, and $1.3B and average earning assets of $885.9B, $874.3B, $820.3B, $813.2B, and $825.8B for 2Q26, 1Q26, 4Q25, 3Q25, and 2Q25, respectively. The Corporation believes the presentation of NII and net interest yield excluding Global Markets provides investors with transparency of NII and net interest yield in core banking activities. For important presentation information, see slide 32. 2 As of June 30, 2026. NII asset sensitivity represents banking book positions using behavioral deposit changes. See note B on slide 29 for information on asset sensitivity assumptions. Net Interest Yield (FTE)1 1.94% 2.01% 2.08% 2.07% 2.08% 2.44% 2.48% 2.54% 2.55% 2.57% Reported net interest yield Net interest yield excl. GM 2Q25 3Q25 4Q25 1Q26 2Q26 1.50% 2.00% 2.50% 3.00% $14.8 $15.4 $15.9 $15.9 $16.2 $14.7 $15.2 $15.8 $15.7 $16.0 Net interest income (GAAP) FTE adjustment 2Q25 3Q25 4Q25 1Q26 2Q26 $0.0 $6.0 $12.0 $18.0 9 Net Interest Income Mix (FTE, $B)1 $14.8 $15.4 $15.9 $15.9 $16.2 $13.5 $13.9 $14.2 $14.0 $14.2 NII excl. GM GM NII 2Q25 3Q25 4Q25 1Q26 2Q26 $0.0 $6.0 $12.0 $18.0

• Efficiency ratio of 59% improved 359 bps from 2Q25 and 220 bps from 1Q26 • Operating leverage of 6.6% in 2Q26 and 4.7% in 1H26 • 2Q26 noninterest expense of $18.6B – Increased $1.4B, or 8%, from 2Q25, driven equally by revenue-related expenses and investments in people, brand, and technology – Increased $0.1B from 1Q26, as higher revenue-related expenses and marketing costs more than offset the absence of 1Q seasonally- elevated payroll taxes $17.2 $17.3 $17.4 $18.5 $18.6 10.3 10.5 10.6 11.3 11.0 6.9 6.8 6.8 7.2 7.6 Compensation and benefits Other 2Q25 3Q25 4Q25 1Q26 2Q26 $0.0 $10.0 $20.0 63% 60% 61% 61% 59% 2Q25 3Q25 4Q25 1Q26 2Q26 55% 60% 65% Total Noninterest Expense ($B) Efficiency Ratio Expense and Efficiency 10

Asset Quality 1 Net charge-off ratio is calculated as annualized net charge-offs divided by average outstanding loans and leases during the period. Excludes loans measured at fair value. 2 For more information on reserve build (release), see note C on slide 29. 3 Allowance for loan and lease losses ratio is calculated as allowance for loan and lease losses divided by loans and leases outstanding at the end of the period. Excludes loans measured at fair value. Provision for Credit Losses ($MM) Net Charge-offs ($MM) $1,592 $1,295 $1,308 $1,337 $1,366 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $500 $1,000 $1,500 $2,000 $1,525 $1,367 $1,287 $1,409 $1,412 0.55% 0.47% 0.44% 0.48% 0.47% Net charge-offs Net charge-off ratio 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $500 $1,000 $1,500 $2,000 0.00% 0.25% 0.50% 0.75% 1.00% 11 • Total net charge-offs of $1.4B vs. $1.5B in 2Q25 and $1.4B in 1Q26 – Consumer net charge-offs of $1.0B declined $19MM vs. both 2Q25 and 1Q26 ▪ Credit card charge-off rate of 3.55% in 2Q26; charge-off rate and both early- and late-stage delinquencies improved vs. 2Q25 and 1Q26 – Commercial net charge-offs of $372MM declined $94MM vs. 2Q25 and increased $22MM vs. 1Q26 – Net charge-off ratio of 0.47% vs. 0.55% in 2Q25 and 0.48% in 1Q261 • Provision for credit losses of $1.4B decreased $0.2B vs. 2Q25 and was relatively flat to 1Q26 • Net reserve release of $46MM in 2Q26 vs. net reserve build of $67MM in 2Q25 and net reserve release of $72MM in 1Q262 • Allowance for loan and lease losses of $13.1B represented 1.08% of total loans and leases3 – Allowance for credit losses of $14.3B included $1.2B for unfunded commitments • Nonperforming loans and leases of $5.8B decreased $230MM from 2Q25 and $80MM from 1Q26 • Commercial reservable criticized utilized exposure of $22.1B declined $5.8B vs. 2Q25 and $2.3B vs. 1Q26 1

Commercial Net Charge-offs ($MM) Consumer Net Charge-offs ($MM) Asset Quality – Consumer and Commercial Portfolios $466 $389 $295 $350 $372 0.29% 0.23% 0.17% 0.20% 0.20% Small business C&I Commercial real estate Commercial NCO ratio 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $200 $400 $600 0.00% 0.20% 0.40% 0.60% $1,059 $978 $992 $1,059 $1,040 0.90% 0.82% 0.82% 0.89% 0.86% Credit card Other Consumer NCO ratio 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $400 $800 $1,200 0.00% 0.50% 1.00% 1.50% Commercial Metrics ($MM) 2Q26 1Q26 2Q25 Provision $357 $374 $508 Reservable criticized utilized exposure 22,074 24,339 27,904 Nonperforming loans and leases 3,161 3,151 3,417 % of loans and leases1 0.43 % 0.44 % 0.51 % Allowance for loans and leases $4,868 $4,877 $4,713 % of loans and leases1 0.67 % 0.68 % 0.71 % Commercial excl. small business NCOs $235 $207 $332 % of loans and leases1 0.13 % 0.12 % 0.21 % Consumer Metrics ($MM) 2Q26 1Q26 2Q25 Provision $1,009 $963 $1,084 Nonperforming loans and leases 2,590 2,680 2,564 % of loans and leases1 0.53 % 0.56 % 0.54 % Consumer 30+ days performing past due $4,498 $4,561 $4,385 Fully-insured2 420 458 419 Non fully-insured 4,078 4,103 3,966 Consumer 90+ days performing past due 1,461 1,582 1,461 Allowance for loans and leases 8,246 8,271 8,578 % of loans and leases1 1.69 % 1.72 % 1.82 % # times annualized NCOs 1.98 x 1.93 x 2.02 x 12 3 Note: Amounts may not total due to rounding. 1 Excludes loans measured at fair value. 2 Fully-insured loans are FHA-insured loans and other loans individually insured under long-term standby agreements. 3 C&I includes commercial and industrial and commercial lease financing.

Consumer Banking 1 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note D on slide 29. For important presentation information, see slide 32. 2 Cost of deposits calculated as annualized noninterest expense as a percentage of total average deposits within the Deposits sub-segment. 3 End of period. Consumer investment assets include client brokerage assets, deposit sweep balances, brokered certificates of deposit (CDs), and assets under management (AUM) in Consumer Banking. 4 Includes consumer credit card portfolios in Consumer Banking and GWIM. 5 Represents the percentage of consumer checking accounts that are estimated to be the customer’s primary account based on multiple relationship factors (e.g., linked to their direct deposit). 6 Clients enrolled in BofA Rewards include legacy Preferred Rewards clients and new enrollments since launch of BofA Rewards on May 27, 2026. New client enrollment as of June 30, 2026, is preliminary and includes clients in Consumer and GWIM. 7 As of May 2026. Represents households with consumer bank login activities in a 90-day period. Inc / (Dec) Summary Income Statement ($MM) 2Q26 1Q26 2Q25 Total revenue, net of interest expense $11,336 $287 $523 Provision for credit losses 1,160 28 (122) Noninterest expense 5,801 (36) 234 Pretax income 4,375 295 411 Pretax, pre-provision income1 5,535 323 289 Income tax expense 1,094 74 103 Net income $3,281 $221 $308 Key Indicators ($B) 2Q26 1Q26 2Q25 Average deposits $957.0 $950.8 $952.0 Rate paid on deposits 0.48 % 0.51 % 0.58 % Cost of deposits2 1.50 1.53 1.46 Average loans and leases $321.1 $322.2 $319.1 Net charge-off ratio 1.48 % 1.52 % 1.51 % Net charge-offs ($MM) $1,183 $1,208 $1,200 Reserve build (release) ($MM) (23) (76) 82 Consumer investment assets3 639.5 573.3 539.7 Active mobile banking users (MM) 42.1 41.8 40.8 % Consumer sales through digital channels 70 % 71 % 65 % Number of financial centers 3,530 3,540 3,664 Combined credit / debit purchase volumes4 $266.1 $244.9 $244.1 Total consumer credit card risk-adjusted margin4 6.47 % 6.69 % 7.07 % Return on average allocated capital (ROAC) 29 27 27 Allocated capital $45.5 $45.5 $44.0 Efficiency ratio 51 % 53 % 51 % 13 • Net income $3.3B; ROAC 29% • Revenue of $11.3B increased 5% from 2Q25, driven primarily by higher net interest income • Provision for credit losses of $1.2B vs. $1.3B in 2Q25 – Net reserve release of $23MM vs. net reserve build of $82MM in 2Q25 – Net charge-offs of $1.2B decreased $17MM vs. 2Q25 • Noninterest expense of $5.8B increased 4% from 2Q25, driven by investments in technology and brand – Efficiency ratio 51% • Average deposits of $957B increased $5B, or 1%, from 2Q25 – 59% of deposits in checking accounts; 92% are primary accounts5 – Added >160K net new checking accounts in 2Q26 • Average loans and leases of $321B increased $2B, or 1%, from 2Q25 • Combined credit / debit card spend of $266B increased 9% from 2Q254 • Consumer investment assets of $640B grew $100B, or 18%, vs. 2Q25,3 driven by higher market valuations and $19B of net client flows from new and existing clients • 13.3MM clients enrolled in BofA Rewards; ~2MM new enrollments in 2Q266 • 80% of households digitally active7

• Net income $1.4B; ROAC 26% • Revenue of $6.9B increased 16% from 2Q25, driven by higher asset management fees, reflecting higher market valuations and solid AUM flows, and higher net interest income • Noninterest expense of $5.0B increased 8% from 2Q25, driven primarily by revenue-related incentives – Pretax margin improved to 27% • Client balances of $4.9T increased 12% vs. 2Q25, driven primarily by higher market valuations – AUM flows of $14B in 2Q26; $78B since 2Q25 • 67% of clients have deposit or lending relationship – Average deposits of $282B increased $5B, or 2%, vs. 2Q25; declined $5B vs. 1Q26, driven by seasonal tax payment outflows – Average loans and leases of $270B increased $33B, or 14%, from 2Q25 • Added ~6K net new $500K+ relationships across Merrill and Private Bank in 2Q26 – Added ~5.4K net new $500K+ households in Merrill – Added ~430 net new $3MM+ relationships in Private Bank • 87% of GWIM households / relationships digitally active across the enterprise2 Global Wealth & Investment Management 1 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note D on slide 29. For important presentation information, see slide 32. 2 Represents the percentage of digitally active Merrill primary households ($250K+ in investable assets within the enterprise) and digitally active Private Bank core relationships ($3MM+ in total balances). Merrill excludes Stock Plan and Banking-only households. Private Bank includes third-party activities and excludes Irrevocable Trust-only relationships, Institutional Philanthropic relationships, and exiting relationships. As of May 2026 for Private Bank and as of June 2026 for Merrill. Inc / (Dec) Summary Income Statement ($MM) 2Q26 1Q26 2Q25 Total revenue, net of interest expense $6,871 $159 $934 Provision for credit losses 11 9 (9) Noninterest expense 4,976 38 383 Pretax income 1,884 112 560 Pretax, pre-provision income1 1,895 121 551 Income tax expense 471 28 140 Net income $1,413 $84 $420 Key Indicators ($B) 2Q26 1Q26 2Q25 Average deposits $281.6 $286.6 $276.8 Rate paid on deposits 2.02 % 2.04 % 2.47 % Average loans and leases $270.3 $262.2 $237.4 Net charge-off ratio 0.01 % 0.02 % 0.02 % Net charge-offs ($MM) $9 $13 $10 Reserve build (release) ($MM) 2 (11) 10 AUM flows 13.7 20.4 14.3 Pretax margin 27 % 26 % 22 % Return on average allocated capital (ROAC) 26 24 20 Allocated capital $22.3 $22.3 $19.8 14

Global Banking 1 Global Banking and Global Markets share in certain deal economics from investment banking, loan origination activities, and sales and trading activities. 2 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note D on slide 29. For important presentation information, see slide 32. Inc / (Dec) Summary Income Statement ($MM) 2Q26 1Q26 2Q25 Total revenue, net of interest expense1 $6,236 ($51) $547 Provision for credit losses 215 30 (62) Noninterest expense 3,199 (24) 129 Pretax income 2,822 (57) 480 Pretax, pre-provision income2 3,037 (27) 418 Income tax expense 776 (16) 132 Net income $2,046 ($41) $348 Selected Revenue Items ($MM) 2Q26 1Q26 2Q25 Total Corporation IB fees (excl. self-led)1 $2,138 $1,841 $1,428 Global Banking IB fees1 1,154 1,047 767 Business Lending revenue 2,061 2,277 2,202 Global Transaction Services revenue 2,920 2,885 2,649 Key Indicators ($B) 2Q26 1Q26 2Q25 Average deposits $651.9 $647.6 $603.4 Average loans and leases 413.4 397.0 387.9 Net charge-off ratio 0.23 % 0.17 % 0.32 % Net charge-offs ($MM) $231 $164 $303 Reserve build (release) ($MM) (16) 21 (26) Return on average allocated capital (ROAC) 15 % 16 % 13 % Allocated capital $54.3 $54.3 $50.8 Efficiency ratio 51 % 51 % 54 % 15 • Net income $2.0B; ROAC 15% • Revenue of $6.2B increased 10% from 2Q25, driven primarily by higher investment banking fees, net interest income, and treasury service charges – Total Corporation investment banking fees (excl. self-led) of $2.1B increased 50% vs. 2Q25, reflecting strength across debt underwriting, advisory, and equity underwriting – Treasury service charges increased 10% vs. 2Q25 • Provision for credit losses of $215MM vs. $277MM in 2Q25 – Net charge-offs of $231MM decreased $72MM vs. 2Q25 – Net reserve release of $16MM vs. $26MM in 2Q25 • Noninterest expense of $3.2B increased 4% vs. 2Q25, driven by investments in the business, including people and technology – Efficiency ratio improved to 51% • Average deposits of $652B increased $48B, or 8%, from 2Q25 • Average loans and leases of $413B increased $26B, or 7%, from 2Q25

Global Markets1 1 The explanations for current period-over-period changes for Global Markets are the same for amounts including and excluding net DVA. 2 Global Banking and Global Markets share in certain deal economics from investment banking, loan origination activities, and sales and trading activities. 3 Represent non-GAAP financial measures. Reported fixed income, currencies, and commodities (FICC) sales and trading revenue was $3.5B, $3.5B, and $3.2B for 2Q26, 1Q26, and 2Q25, respectively. Reported Equities sales and trading revenue was $3.6B, $2.8B, and $2.1B for 2Q26, 1Q26, and 2Q25, respectively. See note E on slide 29 and slide 32 for important presentation information. 4 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note D on slide 29. For important presentation information, see slide 32. 5 See note F on slide 29 for the definition of VaR. Inc / (Dec) Summary Income Statement ($MM) 2Q26 1Q26 2Q25 Total revenue, net of interest expense2 $8,022 $913 $2,040 Net DVA (57) (120) (6) Total revenue (excl. net DVA)2,3 8,079 1,033 2,046 Provision (benefit) for credit losses (11) (38) (33) Noninterest expense 4,484 114 678 Pretax income 3,549 837 1,395 Pretax, pre-provision income4 3,538 799 1,362 Income tax expense 923 218 298 Net income $2,626 $619 $1,097 Net income (excl. net DVA)3 $2,669 $710 $1,101 Selected Revenue Items ($MM)2 2Q26 1Q26 2Q25 Sales and trading revenue $7,098 $6,387 $5,328 Sales and trading revenue (excl. net DVA)3 7,155 6,324 5,379 FICC (excl. net DVA)3 3,536 3,496 3,249 Equities (excl. net DVA)3 3,619 2,828 2,130 Global Markets IB fees 965 762 666 Key Indicators ($B) 2Q26 1Q26 2Q25 Average total assets $1,120.5 $1,101.6 $1,023.0 Average trading-related assets 746.9 730.0 700.4 Average 99% VaR ($MM)5 49 47 84 Average loans and leases 205.0 201.2 176.4 Net charge-offs ($MM) — 33 25 Reserve build (release) ($MM) (11) (6) (3) Return on average allocated capital (ROAC) 20 % 15 % 13 % Allocated capital $53.5 $53.5 $49.0 Efficiency ratio 56 % 61 % 64 % 16 • Net income $2.6B ($2.7B excl. net DVA);3 ROAC 20% • Revenue of $8.0B increased 34% from 2Q25, driven by higher sales and trading revenue and investment banking fees – International revenue increased 38% vs. 2Q25 • Sales and trading revenue of $7.1B ($7.2B excl. net DVA)3 increased 33% from 2Q25 – Equities revenue increased 70% to $3.6B (incl. and excl. net DVA),3 driven by increased client activity and strong trading performance in derivatives and cash, particularly in Asia and the U.S. – FICC revenue increased 9% to $3.5B (incl. and excl. net DVA),3 driven primarily by credit products and commodities • Noninterest expense of $4.5B increased 18% vs. 2Q25, driven by higher revenue-related expenses and investments in the business, including people and technology – Efficiency ratio improved to 56% • Average VaR of $49MM in 2Q265

• Net loss of $292MM increased from net loss of $23MM • The Corporation’s total effective tax rate for 2Q26 was 21.5% All Other1 1 All Other primarily consists of asset and liability management (ALM) activities, liquidating businesses, and certain expenses not otherwise allocated to a business segment. ALM activities encompass interest rate and foreign currency risk management activities for which substantially all of the results are allocated to our business segments. 2 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note D on slide 29. For important presentation information, see slide 32. Inc / (Dec) Summary Income Statement ($MM) 2Q26 1Q26 2Q25 Total revenue, net of interest expense ($744) ($21) $89 Provision (benefit) for credit losses (9) — — Noninterest expense 167 4 20 Pretax income (loss) (902) (25) 69 Pretax, pre-provision income (loss)2 (911) (25) 69 Income tax expense (benefit) (610) 368 338 Net income (loss) ($292) ($393) ($269) 17

Additional Presentation Information

Added >160K net new checking accounts; completed 30 consecutive quarters of net growth Opened >1MM new credit card accounts1 Consumer investment assets up 18% YoY to $640B;2 4.2MM accounts with $19B flows since 2Q25 14 consecutive quarters of YoY Small Business average loan growth 1 Includes credit cards across Consumer Banking, Small Business, and GWIM. 2 End of period. Consumer investment assets include client brokerage assets, deposit sweep balances, brokered CDs, and AUM in Consumer Banking. GWIM client balances include deposits, loans and leases, AUM, brokerage, and other assets. 3 Investment balances include AUM, brokerage, and other assets. 4 Includes net client flows across Merrill, Private Bank, and Consumer Investments. 5 Source: Dealogic as of June 30, 2026. Continued Organic Growth in 2Q26 19 Consumer Banking Global Wealth & Investment Management Global Banking Global Markets $6.8T total deposits, loans, and investment balances3 $82B total net wealth continuum client flows since 2Q254 $4.9T client balances,2 up 12% YoY; AUM balances up 17% YoY to $2.3T, with $78B flows since 2Q25 Grew average loans 14% YoY to $270B Added ~6K net new $500K+ relationships across Merrill and Private Bank Opened ~29K new bank accounts; 67% of clients have banking relationship Record first-half sales and trading revenue 17 consecutive quarters of YoY sales and trading revenue growth Record Equities sales and trading revenue Grew International revenue 38% YoY Improved investment banking fee market share YoY5 Treasury service charges increased 10% YoY Grew average loans 7% YoY; over 5% growth in each business Grew average deposits 8% YoY

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Supplemental Business Segment Trends

Total Expense ($B) and Efficiency Total Revenue ($B) Average Deposits ($B) Consumer Investment Assets ($B)2 and Accounts (MM) Average Loans and Leases ($B) Consumer Banking Trends Note: Amounts may not total due to rounding. 1 See slide 30 for business leadership sources. 2 End of period. Consumer investment assets include client brokerage assets, deposit sweep balances, brokered CDs, and AUM in Consumer Banking. $10.8 $11.2 $11.2 $11.0 $11.3 8.7 9.0 9.1 9.0 9.2 2.1 2.2 2.1 2.1 2.1 Net interest income Noninterest income 2Q25 3Q25 4Q25 1Q26 2Q26 $0.0 $4.0 $8.0 $12.0 $5.6 $5.6 $5.7 $5.8 $5.8 51% 50% 51% 53% 51% Noninterest expense Efficiency ratio 2Q25 3Q25 4Q25 1Q26 2Q26 $0.0 $2.0 $4.0 $6.0 40% 50% 60% 70% $952 $947 $945 $951 $957 475 472 474 480 489 477 475 471 471 468 Low-interest and noninterest checking Other deposits 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $400 $800 $1,200 $319 $320 $323 $322 $321 118 117 117 116 116 97 97 99 100 100 57 57 57 56 55 22 22 23 23 23 26 27 27 27 27 Residential mortgage Consumer credit card Vehicle lending Home equity Small business / other 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $125 $250 $375 22 $540 $580 $599 $573 $640 4.0 4.1 4.1 4.2 4.2 Assets Accounts 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $250 $500 $750 3.5 4.0 4.5 5.0 Business Leadership1 • No. 1 in U.S. Consumer Deposits(A) • No. 1 Small Business Lender(A) • No. 1 in Retail Banking Advice Satisfaction(B) • World's Best Banks 2026: North America - Best in the U.S.(C) • Merrill Edge Self-Directed No. 1 for Bank Brokerage(D)

Erica® Active Users and Interactions6 Zelle® vs. Cash and Checks (MM) Digitally-Enabled Sales5Digital Users2 and Households3 Client Digital Interactions (B)4 1,770 1,659 1,874 2,185 51% 53% 65% 70% Digital unit sales (K) Digital as a % of total sales 2Q23 2Q24 2Q25 2Q26 0 600 1,200 1,800 2,400 0% 25% 50% 75% 100% 2.6 2.9 3.3 3.43.1 3.5 4.1 4.4 Alerts sent Digital logins 2Q23 2Q24 2Q25 2Q26 1.0 2.0 3.0 4.0 5.0 46 47 49 50 57 58 59 60 74% 77% 79% 80% Active users (MM) Verified users (MM) Household adoption % 2Q23 2Q24 2Q25 2Q26 20 30 40 50 60 60% 70% 80% 90% 100% Client Engagement Person-to-Person Payments (Zelle®)7 Digital Volumes 303 382 446 495 $91 $115 $139 $160 Transactions (MM) Volume ($B) 2Q23 2Q24 2Q25 2Q26 0 250 500 $0 $100 $200 Consumer1 Digital Update 1 Includes all households / relationships with consumer platform activity, except where otherwise noted. 2 Digital active users represents Consumer and Merrill mobile and / or online 90-day active users. Verified users represents Consumer and Merrill users with a digital identification and password. 3 Household adoption represents households with consumer bank login activities in a 90-day period, as of May for each quarter presented. 4 Digital logins represents the total number of desktop and mobile banking sessions on the consumer banking platform. Alerts are digital communications sent to clients via SMS, push, and email notifications. 5 Digitally-enabled sales represent sales initiated and / or booked via our digital platforms. 6 Erica engagement represents mobile and online activity across client facing platforms powered by Erica. 7 Includes Bank of America person-to-person payments sent and received through e-mail or mobile identification. Zelle® users represent 90-day active users. 20.3 22.6 24.3 25.5 users (MM) 23 Digital Adoption 166 167 174 200 Erica® interactions (MM) 2Q23 2Q24 2Q25 2Q26 0 100 200 236 225 211 195197 244 282 308 Zelle® sent transactions Cash withdrawn & checks written 2Q23 2Q24 2Q25 2Q26 150 200 250 300 350 1.6x 18.2 19.6 20.0 24.6 users (MM)

Note: Amounts may not total due to rounding. OCIO stands for outsourced chief investment office. 1 See slide 30 for business leadership sources. 2 Includes Preferred deposits, other non-sweep Merrill bank deposits, and Private Bank deposits. 3 End of period. Loans and leases includes margin receivables which are classified in customer and other receivables on the Consolidated Balance Sheet. Managed deposits in investment accounts of $45B, $44B, $48B, $44B, and $43B for 2Q26, 1Q26, 4Q25, 3Q25, and 2Q25, respectively, are included in both AUM and Deposits. Total client balances only include these balances once. Average Deposits ($B) Global Wealth & Investment Management Trends Business Leadership1 • Merrill earned the most recognitions on Forbes' 2026 Top Wealth Advisors Best-in- State and Best-in-State Wealth Management Teams lists • 23 Merrill advisors on Forbes' 2026 Top 100 Women Wealth Advisors • >300 Merrill advisors on Barron's 2026 Top 1,500 Financial Advisors • 24 Merrill advisors on Financial Planning's 2026 Top 40 Brokers Under 40 • No. 1 in Managed Personal Trust AUM(A) • Best National Private Bank(E) • No. 1 Global Nonprofit OCIO Provider(F) Average Loans and Leases ($B) Total Revenue ($B) Client Balances ($B)3 $5.9 $6.3 $6.6 $6.7 $6.9 1.8 1.8 1.9 1.9 1.9 3.6 3.9 4.1 4.2 4.4 0.5 0.6 0.6 0.6 0.6 Net interest income Asset management fees Brokerage / other 2Q25 3Q25 4Q25 1Q26 2Q26 $0.0 $3.5 $7.0 1,987 2,110 2,178 2,116 2,328 1,932 2,041 2,068 1,947 2,094 276 279 290 288 278 243 255 264 267 280$4,395 $4,641 $4,751 $4,572 $4,934 AUM Brokerage / other Deposits Loans and leases 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $2,500 $5,000 $237 $246 $257 $262 $270 111 112 113 114 115 53 54 57 59 62 70 76 84 86 89 Home lending Securities-based lending Custom lending Credit card 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $100 $200 $300$277 $277 $279 $287 $282 203 203 204 207 205 74 74 76 79 77 Sweep deposits Bank deposits 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $100 $200 $300 24 2

Erica® Interactions (MM)5 2.7 3.0 3.4 3.8 2Q23 2Q24 2Q25 2Q26 0.0 1.0 2.0 3.0 4.0 Person-to-Person Payments (Zelle®)6 Check Deposits7 eDelivery4Digital Households / Relationships2 Digital Channel Adoption3 78% 80% 82% 84% 2Q23 2Q24 2Q25 2Q26 0% 25% 50% 75% 100% 59% 62% 65% 67% 76% 78% 79% 79% Mobile adoption Online adoption 2Q23 2Q24 2Q25 2Q26 0% 25% 50% 75% 100% 718 742 761 770 83% 85% 86% 87% Digital households / relationships (K) Digital adoption % 2Q23 2Q24 2Q25 2Q26 400 500 600 700 800 60% 70% 80% 90% 100% Client Engagement Digital Volumes Global Wealth & Investment Management Digital Update 25 Digital Adoption1 3.0 3.9 4.7 5.5 $1.8 $2.4 $3.0 $3.7 Transactions (MM) Volume ($B) 2Q23 2Q24 2Q25 2Q26 0.0 2.0 4.0 6.0 $0.0 $2.0 $4.0 $6.0 66% 67% 69% 69% 9% 8% 7% 7% 26% 25% 24% 24% Digital ATM Physical 2Q23 2Q24 2Q25 2Q26 0% 25% 50% 75% 100% Note: Amounts may not total due to rounding. 1 Digital Adoption is the percentage of digitally active Merrill primary households ($250K+ in investable assets within the enterprise) and digitally active Private Bank core relationships ($3MM+ in total balances). Merrill excludes Stock Plan and Banking-only households. Private Bank includes third-party activities and excludes Irrevocable Trust-only relationships, Institutional Philanthropic relationships, and exiting relationships. 2 Data as of May for Private Bank and as of June for Merrill for each quarter presented. 3 Digital channel adoption represents the percentage of desktop and mobile banking engagement. 2Q23 as of May. 2Q24, 2Q25, and 2Q26 as of May for Private Bank and as of June for Merrill. 4 GWIM eDelivery percentage includes Merrill Digital Households (excluding Stock Plan, Banking-only households, Retirement-only, and 529-only) and Private Bank investment account relationships that receive statements digitally. 2Q23 and 2Q24 as of May. 2Q25 and 2Q26 as of May for Private Bank and as of June for Merrill. 5 Erica interactions represent mobile and online activity across client-facing platforms powered by Erica. 6 Includes Bank of America person-to-person payments sent and received through e-mail or mobile identification. 7 Digital check deposits include mobile check deposits and remote deposit operations. As of May for Private Bank and as of June for Merrill for each quarter presented.

Global Banking Trends Note: Amounts may not total due to rounding. 1 See slide 30 for business leadership sources. 2 Global Banking and Global Markets share in certain deal economics from investment banking, loan origination activities, and sales and trading activities. 3 Total Corporation IB fees excludes self-led deals. Self-led deals of $68MM, $51MM, $31MM, $41MM, and $70MM for 2Q26, 1Q26, 4Q25, 3Q25, and 2Q25, respectively, are embedded within Debt, Equity, and Advisory. 4 Advisory includes fees on debt and equity advisory and mergers and acquisitions. Average Deposits ($B)Business Leadership1 • No. 1 in Overall Leadership in Digital Channels (tied), fourth consecutive year(G) • North America’s Most Innovative Bank(C) • World’s Best Bank for Small to Medium-sized Enterprises; North America’s Best Transaction Bank and Best Bank for Sustainable Finance(H) • Best Solution Innovation in AI(I) • Best Global Bank for Transaction Banking(C) • Best Global Supply Chain Finance Bank(J) • Share Leader and Best Bank Award for U.S. Corporate Banking & Cash Management(K) • Relationships with 78% of the Global Fortune 500; 96% of the U.S. Fortune 1,000 (2025) Average Loans and Leases ($B) Total Revenue ($B)2 Total Corporation Investment Banking Fees ($MM)3 $5.7 $6.2 $6.2 $6.3 $6.2 3.1 3.1 3.2 3.2 3.2 0.8 1.2 1.0 1.0 1.2 0.9 0.9 0.9 0.9 0.9 1.0 1.0 1.1 1.1 1.0 Net interest income IB fees Service charges All other income 2Q25 3Q25 4Q25 1Q26 2Q26 $0.0 $2.5 $5.0 $7.5 837 1,109 810 986 1,113 328 362 297 353 535333 583 590 553 558 $1,428 $2,013 $1,666 $1,841 $2,138 Debt Equity Advisory 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $750 $1,500 $2,250 199 200 199 202 211 177 176 175 183 190 $388 $388 $386 $397 $413 Commercial Corporate Business Banking 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $250 $500 4 $603 $632 $656 $648 $652 Noninterest-bearing Interest-bearing 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $250 $500 $750 26 25% 23% 23% 24% 24% 75% 77% 77% 76% 76%

1 Relationship client adoption is the percentage of relationship clients digitally active. Digital active clients represents 90-day active clients across CashPro and BA360 platforms. Data as of May for each quarter presented. Relationship clients defined as clients meeting revenue threshold for Global Commercial Banking and Business Banking, and all clients in Global Corporate and Investment Banking. 2 Includes CashPro, BA360, and Global Card Access. BA360 as of May for each quarter presented. 3 Erica technology integrated into CashPro Chat starting in August 2023. 4 Includes CashPro alert volume, CashPro online reports and statements scheduled, BA360 90-day Erica insights and alerts, and Global Card Access alert volume for online and mobile. BA360 as of May for each quarter presented. 5 Percent of U.S. Dollar Investment Grade Debt investor bond orders received and fully processed digitally for Global Capital Markets primary issuances. Capital Markets Digital Bond Orders5 Erica® Interactions on CashPro® Chat (K)3 Proactive Alerts and Insights (MM)4 15% 29% 42% 50% 2Q23 2Q24 2Q25 2Q26 0% 20% 40% 60% 20.1 22.4 24.2 26.7 2Q23 2Q24 2Q25 2Q26 0.0 10.0 20.0 30.0 29.7 37.6 40.1 2Q24 2Q25 2Q26 0.0 15.0 30.0 45.0 CashPro® App PaymentsRelationship Client Adoption1 Mobile App Sign-ins (K)2 $191 $253 $314 $346 3.5 4.0 4.6 5.2 Value ($B) Volume (MM) 2Q23 2Q24 2Q25 2Q26 $0 $100 $200 $300 $400 0.0 2.0 4.0 6.0 8.0 1,594 1,870 2,333 2,896 2Q23 2Q24 2Q25 2Q26 0 1,000 2,000 3,000 87% 86% 86% 2Q24 2Q25 2Q26 0% 25% 50% 75% 100% Client Engagement Digital Volumes Global Banking Digital Update 27 Digital Adoption

Note: Amounts may not total due to rounding. S&T stands for sales and trading. 1 See slide 30 for business leadership sources. 2 Represents a non-GAAP financial measure. 2026 YTD Global Markets revenue was $15.1B, both including and excluding net DVA. Reported Global Markets revenue mix and FICC S&T revenue mix percentages were the same including and excluding net DVA. Reported S&T revenue was $13.5B, $11.0B, $9.8B, and $9.4B for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Reported FICC S&T revenue was $7.0B, $6.7B, $6.0B, and $6.1B for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Reported Equities S&T revenue was $6.5B, $4.3B, $3.8B, and $3.2B for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. See note E on slide 29 and slide 32 for important presentation information. 3 Macro includes currencies, interest rates, and commodities products. 4 See note F on slide 29 for definition of VaR. Global Markets Trends and Revenue Mix 2026 YTD Global Markets Revenue Mix (excl. net DVA)2 Business Leadership1 • Global Derivatives House of the Year(L) • CLO Bank of the Year(M) • Securitization Bank of the Year(M) • Commodity Derivatives House of the Year(N) • Sustainable Finance House of the Year (O) • Best Equities Trading Desk(P) • Equity Derivatives House of the Year(N) • No. 1 Municipal Bonds Underwriter(Q) • No. 2 Top Global Research Firm(R) 2026 YTD Total FICC S&T Revenue Mix (excl. net DVA)2 Total Sales and Trading Revenue (excl. net DVA) ($B)2 Average Trading-Related Assets ($B) and VaR ($MM)4 $9.4 $9.9 $11.0 $13.5 6.2 6.0 6.7 7.0 3.2 3.8 4.3 6.4 FICC Equities 2023 YTD 2024 YTD 2025 YTD 2026 YTD $0.0 $5.0 $10.0 $15.0 $624 $635 $684 $739 $84 $68 $87 $48 Avg. trading-related assets Avg. VaR 2023 YTD 2024 YTD 2025 YTD 2026 YTD $0 $400 $800 $0 $100 $200 54% 46% U.S. International 45% 55% Credit / Other Macro 28 3

A Global Liquidity Sources (GLS) include cash and high-quality, liquid, unencumbered securities, inclusive of U.S. government securities, U.S. agency securities, U.S. agency MBS, and a select group of non-U.S. government and supranational securities, and other investment-grade securities, and are readily available to meet funding requirements as they arise. Transfers of liquidity among legal entities may be subject to certain regulatory and other restrictions. B Interest rate sensitivity as of June 30, 2026, reflects the potential pretax impact to forecasted net interest income over the next 12 months from June 30, 2026, resulting from an instantaneous parallel shock to the market-based forward curve. As part of our asset and liability management activities, we use securities, certain residential mortgages, and interest rate and foreign exchange derivatives in managing interest rate sensitivity. The sensitivity analysis assumes that we take no action in response to this rate shock and does not assume any change in other macroeconomic variables normally correlated with changes in interest rates. The sensitivity analysis incorporates potential movements in customer behavior that could result in changes in both total customer deposit balances and balance mix in various interest rate scenarios. In higher rate scenarios, the analysis assumes that a portion of low-cost or noninterest-bearing deposits is replaced with higher yielding deposits or market-based funding. In lower rate scenarios, the analysis assumes that a portion of higher-yielding deposits or market-based funding are replaced with low-cost or noninterest-bearing deposits. C Reserve build (or release) is calculated by subtracting net charge-offs for the period from the provision for credit losses recognized in that period. The period-end allowance, or reserve, for credit losses reflects the beginning of the period allowance adjusted for net charge-offs recorded in that period plus the provision for credit losses and other valuation accounts recognized in that period. D Pretax, pre-provision income (PTPI) at the segment level is a non-GAAP financial measure calculated by adjusting the segment’s pretax income to add back provision for credit losses. Management believes that PTPI is a useful financial measure as it enables an assessment of the Corporation’s ability to generate earnings to cover credit losses through a credit cycle as well as provides an additional basis for comparing the Corporation's results of operations between periods by isolating the impact of provision for credit losses, which can vary significantly between periods. See reconciliation below. E Revenue for all periods included net debit valuation adjustments (DVA) on derivatives, as well as amortization of own credit portion of purchase discount and realized DVA on structured liabilities. Net DVA gains (losses) were ($57MM), $63MM, and ($51MM) for 2Q26, 1Q26, and 2Q25, respectively, and $6MM, ($32MM), ($86MM), and ($88MM) for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Net DVA gains (losses) included in FICC revenue were ($60MM), $49MM, and ($54MM) for 2Q26, 1Q26, and 2Q25, respectively, and ($11MM), ($39MM), ($71MM), and ($86MM) for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Net DVA gains (losses) included in Equities revenue were $3MM, $14MM, and $3MM for 2Q26, 1Q26, and 2Q25, respectively, and $17MM, $7MM, ($15MM), and ($2MM) for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. F VaR model uses a historical simulation approach based on three years of historical data and an expected shortfall methodology equivalent to a 99% confidence level. Using a 95% confidence level, average VaR was $23MM, $23MM, and $35MM for 2Q26, 1Q26, and 2Q25 respectively, and $23MM, $37MM, $34MM, and $31MM for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Beginning in 1Q25, the VaR amounts for all periods presented are those used in the Corporation’s risk management of its trading portfolios. Previously, the VaR amounts presented were those used for regulatory capital. The trading portfolio represents trading assets and liabilities, primarily consisting of regular underwriting or dealing in securities and derivative contracts, and acquiring positions as an accommodation to customers. Notes $ in millions 2Q26 1Q26 2Q25 Pretax Income (GAAP) Provision for Credit Losses (GAAP) Pretax, Pre-provision Income Pretax Income (GAAP) Provision for Credit Losses (GAAP) Pretax, Pre-provision Income Pretax Income (GAAP) Provision for Credit Losses (GAAP) Pretax, Pre-provision Income Consumer Banking $ 4,375 $ 1,160 $ 5,535 $ 4,080 $ 1,132 $ 5,212 $ 3,964 $ 1,282 $ 5,246 Global Wealth & Investment Management 1,884 11 1,895 1,772 2 1,774 1,324 20 1,344 Global Banking 2,822 215 3,037 2,879 185 3,064 2,342 277 2,619 Global Markets 3,549 (11) 3,538 2,712 27 2,739 2,154 22 2,176 All Other (902) (9) (911) (877) (9) (886) (971) (9) (980) 29

Business Leadership Sources (A) FFIEC Call Reports, 1Q26. (B) J.D. Power 2026 U.S. Retail Banking Advice Satisfaction Study measures customer satisfaction with retail bank advice / guidance in the past 12 months. For more information, visit jdpower.com/awards.* (C) Global Finance, 2026. (D) StockBrokers.com* 2026 Annual Awards. (E) Family Wealth Report, 2026. (F) Chestnut Solutions Institute, 2025. (G) Coalition Greenwich Digital Transformation Benchmarking Program, 2025. (H) Euromoney, 2025. (I) Treasury Management International, 2026. (J) Asian Banker, 2026. (K) Coalition Greenwich, 2026. (L) GlobalCapital, 2025. (M) GlobalCapital, 2026. (N) IFR, 2025. (O) EnergyRisk, 2026. (P) Global Markets Choice Awards, 2026. (Q) LSEG-Refinitiv, 2Q26. (R) Extel, 2025. 30 * Website content is not incorporated by reference into this presentation.

Forward-Looking Statements Bank of America Corporation (the Corporation) and its management may make certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “anticipates,” “targets,” “expects,” “hopes,” “estimates,” “intends,” “plans,” “goals,” “outlook,” “believes,” “continue” and other similar expressions or future or conditional verbs such as “will,” “may,” “might,” “should,” “would” and “could.” Forward-looking statements represent the Corporation’s current expectations, plans or forecasts of its or its business segments' future results, which may include, among other measures, revenue, liquidity, net interest income, other income, provision for credit losses, expenses, operating leverage, effective tax rate, efficiency ratio, capital measures, deposits and assets, as well as strategy, future business and economic conditions more generally, and other future matters. These statements are not guarantees of future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond the Corporation’s control. Actual outcomes and results may differ materially from those expressed in, or implied by, any of these forward-looking statements. You should not place undue reliance on any forward-looking statement and should consider the following uncertainties and risks, as well as the risks and uncertainties more fully discussed under Item 1A. Risk Factors of the Corporation’s 2025 Annual Report on Form 10-K and in any of the Corporation’s subsequent U.S. Securities and Exchange Commission (SEC) filings: the Corporation’s potential judgments, orders, settlements, penalties, fines and reputational damage, which are inherently difficult to predict, resulting from pending, threatened or future litigation and regulatory inquiries, demands, requests, investigations, proceedings and enforcement actions, which the Corporation is subject to in the ordinary course of business, including matters related to our processing of unemployment benefits for California and certain other states, the features of our automatic credit card payment service, the adequacy of the Corporation’s anti- money laundering and economic sanctions programs and the processing of electronic payments, including through the Zelle network, and related fraud, which are in various stages; in connection with ongoing litigation, the impact of certain changes to Visa’s and Mastercard’s respective card payment network rules and reductions in interchange fees for U.S.-based merchants; the possibility that the Corporation's future liabilities may be in excess of its recorded liability and estimated range of possible loss for litigation, and regulatory and government actions; the impact of U.S. and global interest rates (including the potential for ongoing fluctuations in interest rates), inflation, currency exchange rates, economic conditions, trade policies and tensions, including changes in, or the imposition of, tariffs and / or trade barriers and the economic impacts, volatility and uncertainty resulting therefrom, which may have varying effects across industries and geographies, and geopolitical instability; uncertainties about the financial stability and growth rates of non-U.S. jurisdictions, the risk that those jurisdictions may face difficulties servicing their sovereign debt, and related stresses on financial markets, currencies and trade, and the Corporation’s exposures to such risks, including direct, indirect and operational; the impact of the interest rate, inflationary, macroeconomic, banking and regulatory environment on the Corporation’s assets, business, financial condition and results of operations; the impact of adverse developments affecting the U.S. or global banking industry, including a deterioration in private credit markets, bank failures and liquidity concerns, resulting in worsening economic and market volatility, and regulatory responses thereto; the possibility that future credit losses may be higher than currently expected, including due to changes in economic assumptions, which may include unemployment rates, real estate prices, gross domestic product levels and corporate bond spreads, customer behavior, adverse developments with respect to U.S. or global economic conditions and other uncertainties, such as the impact of trade policies, supply chain disruptions, commodity prices, inflationary pressures and labor shortages on economic conditions and our business; potential losses related to the Corporation’s concentration of credit risk; the Corporation's ability to achieve its expense targets (including noninterest expense) and expectations regarding revenue, net interest income, operating leverage, other income, provision for credit losses, net charge-offs, effective tax rate, loan or deposit growth or other projections and targets; variances to the underlying assumptions and judgments used in estimating banking book net interest income sensitivity; adverse changes to the Corporation’s credit ratings from the major credit rating agencies; an inability to access capital markets or maintain deposits or borrowing costs; estimates of the fair value and other accounting values, subject to impairment assessments, of certain of the Corporation’s assets and liabilities; the estimated or actual impact of changes in accounting standards or assumptions in applying those standards; uncertainty regarding the content, timing and impact of regulatory capital and liquidity requirements; the impact of adverse changes to total loss-absorbing capacity requirements, stress capital buffer requirements and / or global systemically important bank surcharges; the potential impact of actions of the Board of Governors of the Federal Reserve System on the Corporation’s capital plans; the effect of changes in or interpretations of income tax laws and regulations, including impacts from the 2025 Budget Reconciliation Act; the impact of implementation and compliance with U.S. and international laws, regulations and regulatory interpretations, including recovery and resolution planning requirements, Federal Deposit Insurance Corporation assessments, fiduciary standards, derivatives regulations and potential changes to loss allocations between financial institutions and customers, including for losses incurred from the use of our products and services, including electronic payments and payment of checks, that were authorized by the customer but induced by fraud; the impact of failures or disruptions in or breaches of the Corporation’s operations or information systems, or those of various third parties, including regulators and federal and state governments, such as from cybersecurity incidents; the risks related to the development, implementation, use and management of emerging technologies, including artificial intelligence and the ability to achieve expected or potential benefits, such as increased productivity and cost savings; the risks related to the transition and physical impacts of climate change; our ability to achieve environmental goals or the impact of any changes in the Corporation's sustainability or human capital management strategy or goals; the impact of uncertain or changing political conditions, federal government shutdowns, including partial shutdowns, and uncertainty regarding the federal government’s debt limit or changes in fiscal, monetary, trade or regulatory policy; the emergence of widespread health emergencies or pandemics; the impact of natural disasters, extreme weather events, military conflicts (including the Russia / Ukraine conflict, the conflicts in the Middle East, the possible expansion of such conflicts and potential geopolitical and economic consequences), civil unrest, terrorism or other geopolitical events; and other matters. Forward-looking statements speak only as of the date they are made, and the Corporation undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. 31

Important Presentation Information 32 • The information contained herein is preliminary and based on Corporation data available at the time of the earnings presentation. It speaks only as of the particular date or dates included in the accompanying slides. Bank of America does not undertake an obligation to, and disclaims any duty to, update any of the information provided. • The Corporation may present certain metrics and ratios, including year-over-year comparisons of revenue, noninterest expense, and pretax income, excluding certain items (e.g., DVA), and ratios utilizing tangible equity and tangible assets, that are non-GAAP financial measures. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in understanding its results of operations and trends. For more information about the non-GAAP financial measures contained herein, please see the presentation of the most directly comparable financial measures calculated in accordance with GAAP and accompanying reconciliations in the earnings press release for the quarter ended June 30, 2026, and other earnings-related information available through the Bank of America Investor Relations website at: https://investor.bankofamerica.com/quarterly- earnings, the content of which is not incorporated by reference into this presentation. • The Corporation presents certain key financial and nonfinancial performance indicators (KPIs) that management uses when assessing consolidated and / or segment results. The Corporation believes this information is useful because it provides management with information about underlying operational performance and trends. KPIs are presented herein, including in the 2Q26 Highlights on slides 2 and 4 and on Summary Income Statement for each segment. • The Corporation also views net interest income and related ratios and analyses on a fully taxable-equivalent (FTE) basis, which when presented on a consolidated basis are non-GAAP financial measures. The Corporation believes managing the business with net interest income on an FTE basis provides investors with meaningful information on the interest margin for comparative purposes. The Corporation believes that the presentation allows for comparison of amounts from both taxable and tax-exempt sources and is consistent with industry practices. The FTE adjustments were $163MM, $162MM, $165MM, $154MM, and $145MM for 2Q26, 1Q26, 4Q25, 3Q25, and 2Q25, respectively. • The Corporation allocates capital to its business segments using a methodology that considers the effect of regulatory capital requirements in addition to internal risk-based capital models. Allocated capital is reviewed periodically and refinements are made based on multiple considerations that include, but are not limited to, risk-weighted assets measured under Basel 3 Standardized and Advanced approaches, business segment exposures and risk profile, and strategic plans. As a result of this process, in 1Q26, the Corporation adjusted the amount of capital being allocated to its business segments.

EX-99.3 4 bac-06302026ex993.htm THE SUPPLEMENTAL INFORMATION Document

Supplemental Information

Second Quarter 2026

Current-period information is preliminary and based on company data available at the time of the earnings presentation. It speaks only as of the particular date or dates included in the accompanying pages. Bank of America Corporation (the Corporation) does not undertake an obligation to, and disclaims any duty to, update any of the information provided. Any forward-looking statements in this information are subject to the forward-looking language contained in the Corporation’s reports filed with the SEC pursuant to the Securities Exchange Act of 1934, which are available at the SEC’s website (www.sec.gov*) or at the Corporation’s website (www.bankofamerica.com*). The Corporation’s future financial performance is subject to risks and uncertainties as described in its SEC filings.

* Website content is not incorporated by reference into this Supplemental Information.


Bank of America Corporation and Subsidiaries
Table of Contents			Page


Consolidated Financial Highlights			2
Consolidated Statement of Income			3
Consolidated Statement of Comprehensive Income			3
Net Interest Income and Noninterest Income			4
Consolidated Balance Sheet			5
Capital Management			6
Capital Composition under Basel 3			7
Quarterly Average Balances and Interest Rates			8

Debt Securities			9
Supplemental Financial Data			10
Quarterly Results by Business Segment and All Other			11
Year -to-Date Results by Business Segment and All Other			13
Consumer Banking
Total Segment Results			14
Key Indicators			15

Global Wealth & Investment Management
Total Segment Results			16
Key Indicators			17
Global Banking
Total Segment Results			18
Key Indicators			19

Global Markets
Total Segment Results			20
Key Indicators			21
All Other
Total Results			22
Outstanding Loans and Leases			23
Quarterly Average Loans and Leases by Business Segment and All Other			24
Commercial Credit Exposure by Industry			25

Nonperforming Loans, Leases and Foreclosed Properties			26
Nonperforming Loans, Leases and Foreclosed Properties Activity			27
Quarterly Net Charge-offs and Net Charge-off Ratios			28
Y ear-to-Date Net Charge-offs and Net Charge-off Ratios			29
Allocation of the Allowance for Credit Losses by Product Type			30

Exhibit A: Non-GAAP Reconciliations			31







Key Performance Indicators

The Corporation presents certain key financial and nonfinancial performance indicators that management uses when assessing consolidated and/or segment results. The Corporation believes this information is useful because it provides management with information about underlying operational performance and trends. Key performance indicators are presented in Consolidated Financial Highlights on page 2 and on the Key Indicators pages for each segment.

Business Segment Operations

The Corporation reports the results of operations of its four business segments and All Other on a fully taxable-equivalent (FTE) basis. Additionally, the results for the total Corporation as presented on pages 11 - 13 are reported on an FTE basis.


Bank of America Corporation and Subsidiaries
Consolidated Financial Highlights
(In millions, except per share information)
	Six Months Ended June 30						Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025			Second Quarter 2025
	2026			2025
Income statement
Net interest income	$	31,742		$	29,113		$	15,997		$	15,745		$	15,750		$	15,233		$	14,670
Noninterest income	30,088			26,577			15,561			14,527			12,617			13,807			12,773
Total revenue, net of interest expense	61,830			55,690			31,558			30,272			28,367			29,040			27,443
Provision for credit losses	2,703			3,072			1,366			1,337			1,308			1,295			1,592
Noninterest expense	37,158			34,953			18,627			18,531			17,437			17,337			17,183
Income before income taxes	21,969			17,665			11,565			10,404			9,622			10,408			8,668
Pretax, pre-provision income (1)	24,672			20,737			12,931			11,741			10,930			11,703			10,260
Income tax expense	4,311			3,135			2,491			1,820			1,975			2,076			1,498
Net income	17,658			14,530			9,074			8,584			7,647			8,332			7,170
Preferred stock dividends	755			697			326			429			328			429			291
Net income applicable to common shareholders	16,903			13,833			8,748			8,155			7,319			7,903			6,879
Diluted earnings per common share	2.31			1.79			1.21			1.11			0.98			1.04			0.90
Average diluted common shares issued and outstanding	7,356.2			7,711.2			7,294.2			7,417.5			7,546.9			7,627.1			7,651.6
Dividends paid per common share	$	0.56		$	0.52		$	0.28		$	0.28		$	0.28		$	0.28		$	0.26

Performance ratios
Return on average assets	1.01		%	0.86		%	1.03		%	0.99		%	0.89		%	0.96		%	0.84		%
Return on average common shareholders’ equity	12.33			10.24			12.71			11.95			10.45			11.40			10.12
Return on average shareholders’ equity	11.80			9.94			12.09			11.51			9.98			11.01			9.74
Return on average tangible common shareholders’ equity (2)	16.52			13.79			17.03			16.00			13.97			15.29			13.61
Return on average tangible shareholders’ equity (2)	15.37			13.04			15.76			14.98			12.97			14.35			12.77
Efficiency ratio	60.10			62.76			59.02			61.22			61.47			59.70			62.61


At period end
Book value per share of common stock	$	39.34		$	36.92		$	39.34		$	38.66		$	38.44		$	37.72		$	36.92
Tangible book value per share of common stock (2)	29.37			27.49			29.37			28.84			28.73			28.16			27.49
Market capitalization	399,884			351,904			399,884			347,583			396,686			378,125			351,904
Number of financial centers - U.S.	3,530			3,664			3,530			3,540			3,628			3,649			3,664
Number of branded ATMs - U.S.	14,939			14,904			14,939			14,902			14,909			14,920			14,904
Headcount	211,304			213,388			211,304			212,134			213,207			213,384			213,388

(1) Pretax, pre-provision income (PTPI) is a non-GAAP financial measure calculated by adjusting pretax income to add back provision for credit losses. Management believes that PTPI is a useful financial measure because it enables an assessment of the Corporation's ability to generate earnings to cover credit losses through a credit cycle. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on page 31.)

(2) Tangible equity ratios and tangible book value per share of common stock are non-GAAP financial measures. We believe the use of ratios that utilize tangible equity provides additional useful information because they present measures of those assets that can generate income. Tangible book value per share provides additional useful information about the level of tangible assets in relation to outstanding shares of common stock. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on page 31.)


Current-period information is preliminary and based on company data available at the time of the presentation.			2


Bank of America Corporation and Subsidiaries
Consolidated Statement of Income
(In millions, except per share information)
	Six Months Ended June 30				Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025		Second Quarter 2025
	2026		2025
Net interest income
Interest income	$	67,191	$	68,939	$	33,832	$	33,359	$	34,261	$	35,366	$	34,873
Interest expense	35,449		39,826		17,835		17,614		18,511		20,133		20,203
Net interest income	31,742		29,113		15,997		15,745		15,750		15,233		14,670

Noninterest income
Fees and commissions	21,629		18,884		11,080		10,549		10,181		10,337		9,469
Market making and similar activities	7,814		6,737		4,177		3,637		2,074		3,203		3,153
Other income	645		956		304		341		362		267		151
Total noninterest income	30,088		26,577		15,561		14,527		12,617		13,807		12,773
Total revenue, net of interest expense	61,830		55,690		31,558		30,272		28,367		29,040		27,443

Provision for credit losses	2,703		3,072		1,366		1,337		1,308		1,295		1,592

Noninterest expense
Compensation and benefits	22,321		21,221		10,987		11,334		10,602		10,523		10,332
Information processing and communications	3,942		3,713		1,924		2,018		1,913		1,827		1,819
Occupancy and equipment	3,814		3,692		1,914		1,900		1,884		1,872		1,836
Product delivery and transaction related	2,453		1,888		1,327		1,126		1,011		1,025		974

Professional fees	1,156		1,292		573		583		682		606		640
Marketing	1,269		1,069		736		533		563		572		563
Other general operating	2,203		2,078		1,166		1,037		782		912		1,019
Total noninterest expense	37,158		34,953		18,627		18,531		17,437		17,337		17,183
Income before income taxes	21,969		17,665		11,565		10,404		9,622		10,408		8,668
Income tax expense	4,311		3,135		2,491		1,820		1,975		2,076		1,498
Net income	$	17,658	$	14,530	$	9,074	$	8,584	$	7,647	$	8,332	$	7,170
Preferred stock dividends	755		697		326		429		328		429		291

Net income applicable to common shareholders	$	16,903	$	13,833	$	8,748	$	8,155	$	7,319	$	7,903	$	6,879

Per common share information
Earnings	$	2.35	$	1.81	$	1.22	$	1.12	$	0.99	$	1.06	$	0.91
Diluted earnings	2.31		1.79		1.21		1.11		0.98		1.04		0.90
Average common shares issued and outstanding	7,203.5		7,629.5		7,151.2		7,256.1		7,364.9		7,466.0		7,581.2
Average diluted common shares issued and outstanding	7,356.2		7,711.2		7,294.2		7,417.5		7,546.9		7,627.1		7,651.6


Consolidated Statement of Comprehensive Income
(Dollars in millions)
	Six Months Ended June 30				Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025		Second Quarter 2025
	2026		2025
Net income	$	17,658	$	14,530	$	9,074	$	8,584	$	7,647	$	8,332	$	7,170
Other comprehensive income (loss), net-of-tax:
Net change in debt securities	(477)		51		52		(529)		667		438		(315)
Net change in debit valuation adjustments	259		144		(401)		660		(168)		(305)		(153)
Net change in derivatives	(1,378)		2,509		(751)		(627)		445		636		1,196
Employee benefit plan adjustments	71		53		36		35		282		(16)		26
Net change in foreign currency translation adjustments	18		24		9		9		(7)		6		13
Other comprehensive income (loss)	(1,507)		2,781		(1,055)		(452)		1,219		759		767
Comprehensive income	$	16,151	$	17,311	$	8,019	$	8,132	$	8,866	$	9,091	$	7,937


Current-period information is preliminary and based on company data available at the time of the presentation.			3


Bank of America Corporation and Subsidiaries
Net Interest Income and Noninterest Income
(Dollars in millions)
	Six Months Ended June 30				Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025		Second Quarter 2025
	2026		2025
Net interest income
Interest income
Loans and leases	$	31,346	$	30,874	$	15,863	$	15,483	$	16,015	$	16,191	$	15,651
Debt securities	12,323		13,680		6,032		6,291		6,755		6,958		6,913
Federal funds sold and securities borrowed or purchased under agreements to resell	8,042		7,868		4,185		3,857		3,763		3,802		4,094
Trading account assets	6,261		6,065		3,063		3,198		2,979		3,195		3,057
Other interest income	9,219		10,452		4,689		4,530		4,749		5,220		5,158
Total interest income	67,191		68,939		33,832		33,359		34,261		35,366		34,873

Interest expense
Deposits	14,673		17,313		7,372		7,301		8,268		8,932		8,681
Short-term borrowings	13,117		14,398		6,607		6,510		6,472		7,172		7,435
Trading account liabilities	1,501		1,383		756		745		602		672		676
Long-term debt	6,158		6,732		3,100		3,058		3,169		3,357		3,411
Total interest expense	35,449		39,826		17,835		17,614		18,511		20,133		20,203
Net interest income	$	31,742	$	29,113	$	15,997	$	15,745	$	15,750	$	15,233	$	14,670

Noninterest income
Fees and commissions
Card income
Interchange fees (1)	$	1,812	$	1,952	$	947	$	865	$	934	$	990	$	1,036
Other card income	1,264		1,212		636		628		632		639		610
Total card income	3,076		3,164		1,583		1,493		1,566		1,629		1,646
Service charges
Deposit-related fees	2,642		2,493		1,336		1,306		1,284		1,267		1,265
Lending-related fees	738		683		370		368		365		365		350
Total service charges	3,380		3,176		1,706		1,674		1,649		1,632		1,615
Investment and brokerage services
Asset management fees	8,739		7,436		4,427		4,312		4,193		3,972		3,698
Brokerage fees	2,455		2,157		1,226		1,229		1,107		1,091		1,082
Total investment and brokerage services	11,194		9,593		5,653		5,541		5,300		5,063		4,780
Investment banking fees
Underwriting income	2,171		1,576		1,220		951		752		992		806
Syndication fees	697		658		360		337		324		438		289
Financial advisory services	1,111		717		558		553		590		583		333
Total investment banking fees	3,979		2,951		2,138		1,841		1,666		2,013		1,428
Total fees and commissions	21,629		18,884		11,080		10,549		10,181		10,337		9,469
Market making and similar activities	7,814		6,737		4,177		3,637		2,074		3,203		3,153
Other income (loss)	645		956		304		341		362		267		151
Total noninterest income	$	30,088	$	26,577	$	15,561	$	14,527	$	12,617	$	13,807	$	12,773

(1)Gross interchange fees and merchant income were $7.1 billion and $6.8 billion and are presented net of $5.3 billion and $4.8 billion of expenses for rewards and partner payments as well as certain other card costs for the six months ended June 30, 2026 and 2025. Gross interchange fees and merchant income were $3.7 billion, $3.4 billion, $3.6 billion, $3.4 billion and $3.5 billion and are presented net of $2.7 billion, $2.5 billion, $2.6 billion, $2.5 billion and $2.4 billion of expenses for rewards and partner payments as well as certain other card costs for the second and first quarters of 2026 and the fourth, third and second quarters of 2025, respectively.


Current-period information is preliminary and based on company data available at the time of the presentation.			4


Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet
(Dollars in millions)
		June 30 2026		March 31 2026		June 30 2025
Assets
Cash and due from banks		$	28,620	$	27,125	$	26,661
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks		201,125		215,354		239,350
Cash and cash equivalents		229,745		242,479		266,011
Time deposits placed and other short-term investments		9,447		7,386		9,377
Federal funds sold and securities borrowed or purchased under agreements to resell		412,415		383,264		352,392
Trading account assets		358,748		364,221		356,584
Derivative assets		45,101		48,315		42,711
Debt securities:
Carried at fair value		363,419		386,389		388,930
Held-to-maturity, at amortized cost		505,799		514,738		541,286
Total debt securities		869,218		901,127		930,216
Loans and leases		1,217,619		1,205,035		1,147,056
Allowance for loan and lease losses		(13,114)		(13,148)		(13,291)
Loans and leases, net of allowance		1,204,505		1,191,887		1,133,765
Premises and equipment, net		12,788		12,539		12,254
Goodwill		69,021		69,021		69,021
Loans held-for-sale		6,535		10,944		5,401
Customer and other receivables		106,269		96,082		93,964
Other assets		175,164		168,921		169,102
Total assets		$	3,498,956	$	3,496,186	$	3,440,798

Liabilities
Deposits in U.S. offices:
Noninterest-bearing		$	529,985	$	529,194	$	514,530
Interest-bearing		1,357,513		1,372,969		1,363,483
Deposits in non-U.S. offices:
Noninterest-bearing		14,358		14,924		14,440
Interest-bearing		123,268		120,576		119,160
Total deposits		2,025,124		2,037,663		2,011,613
Federal funds purchased and securities loaned or sold under agreements to repurchase		332,218		353,020		399,460
Trading account liabilities		123,162		129,833		107,426
Derivative liabilities		42,577		43,938		41,693
Short-term borrowings		59,979		57,630		47,891
Accrued expenses and other liabilities		274,939		247,470		221,276
Long-term debt		339,863		325,964		313,418
Total liabilities		3,197,862		3,195,518		3,142,777
Shareholders’ equity
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,951,164, 3,951,164 and 3,891,164 shares		24,996		24,996		23,495
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 7,017,967,460, 7,129,908,032 and 7,436,679,485 shares		13,611		18,885		36,428
Retained earnings		274,520		267,765		250,602
Accumulated other comprehensive income (loss)		(12,033)		(10,978)		(12,504)
Total shareholders’ equity		301,094		300,668		298,021
Total liabilities and shareholders’ equity		$	3,498,956	$	3,496,186	$	3,440,798

	Assets of consolidated variable interest entities included in total assets above (isolated to settle the liabilities of the variable interest entities)
	Trading account assets	$	7,703	$	7,184	$	5,668
	Loans and leases	17,905		16,936		18,617
	Allowance for loan and lease losses	(858)		(855)		(917)
	Loans and leases, net of allowance	17,047		16,081		17,700

	All other assets	889		701		633
	Total assets of consolidated variable interest entities	$	25,639	$	23,966	$	24,001

	Liabilities of consolidated variable interest entities included in total liabilities above
	Short-term borrowings	$	6,964	$	6,403	$	4,359
	Long-term debt	7,555		6,319		8,839
	All other liabilities	20		21		23
	Total liabilities of consolidated variable interest entities	$	14,539	$	12,743	$	13,221


Current-period information is preliminary and based on company data available at the time of the presentation.			5


Bank of America Corporation and Subsidiaries
Capital Management
(Dollars in millions)
	June 30 2026			March 31 2026			June 30 2025
Risk-based capital metrics (1, 2):
Standardized Approach
Common equity tier 1 capital	$	201,581		$	199,695		$	201,200
Tier 1 capital	226,568			224,671			224,684
Total capital	262,757			258,316			259,508
Risk-weighted assets	1,792,962			1,778,126			1,748,273
Common equity tier 1 capital ratio	11.2		%	11.2		%	11.5		%
Tier 1 capital ratio	12.6			12.6			12.9
Total capital ratio	14.7			14.5			14.8

Advanced Approaches
Common equity tier 1 capital	$	201,581		$	199,695		$	201,200
Tier 1 capital	226,568			224,671			224,684
Total capital	252,112			247,594			249,000
Risk-weighted assets	1,613,436			1,593,984			1,546,112
Common equity tier 1 capital ratio	12.5		%	12.5		%	13.0		%
Tier 1 capital ratio	14.0			14.1			14.5
Total capital ratio	15.6			15.5			16.1

Leverage-based metrics (1, 2):
Adjusted average assets	$	3,452,090		$	3,432,747		$	3,353,376
Tier 1 leverage ratio	6.6		%	6.5		%	6.7		%

Supplementary leverage exposure	$	4,117,829		$	4,086,677		$	3,956,615
Supplementary leverage ratio	5.5		%	5.5		%	5.7		%

Total ending equity to total ending assets ratio	8.6			8.6			8.7
Common equity ratio	7.9			7.9			8.0
Tangible equity ratio (3)	6.7			6.7			6.8
Tangible common equity ratio (3)	6.0			6.0			6.1

(1)Effective in the fourth quarter of 2025, the Corporation elected to change its accounting methods for certain tax-related equity investments and applied those changes retrospectively through cumulative adjustment to retained earnings. Under applicable bank regulatory rules, the Corporation is not required to revise previously-filed regulatory capital ratios and, accordingly, did not revise regulatory capital information as of June 30, 2025.

(2)Regulatory capital ratios at June 30, 2026 are preliminary. The Corporation reports regulatory capital ratios under both the Standardized and Advanced approaches. Capital adequacy is evaluated against the lower of the Standardized or Advanced approaches compared to their respective regulatory capital ratio requirements. The Corporation’s binding ratio was the Tier 1 capital ratio under the Standardized approach at June 30, 2026 and the Total capital ratio under the Standardized approach at March 31, 2026 and June 30, 2025.

(3)Tangible equity ratio equals period-end tangible shareholders’ equity divided by period-end tangible assets. Tangible common equity ratio equals period-end tangible common shareholders’ equity divided by period-end tangible assets. Tangible shareholders’ equity and tangible assets are non-GAAP financial measures. We believe the use of ratios that utilize tangible equity provides additional useful information because they present measures of those assets that can generate income. (See Exhibit A: Non-GAAP Reconciliations - Reconciliation to GAAP Financial Measures on page 31.)


Current-period information is preliminary and based on company data available at the time of the presentation.			6


Bank of America Corporation and Subsidiaries
Capital Composition under Basel 3
(Dollars in millions)
	June 30 2026		March 31 2026		June 30 2025
Total common shareholders' equity	$	276,098	275,672		$	274,526
Impact of change in accounting method (1)	—		—		1,578
Goodwill, net of related deferred tax liabilities	(68,651)		(68,651)		(68,649)
Deferred tax assets arising from net operating loss and tax credit carryforwards	(8,561)		(8,739)		(8,452)
Intangibles, other than mortgage servicing rights, net of related deferred tax liabilities	(1,357)		(1,371)		(1,410)
Defined benefit pension plan net assets, net-of-tax	(886)		(876)		(817)
Cumulative unrealized net (gain) loss related to changes in fair value of financial liabilities attributable to own creditworthiness, net-of-tax	1,541		1,090		1,349
Accumulated net (gain) loss on certain cash flow hedges (2)	3,413		2,657		3,094
Other	(16)		(87)		(19)
Common equity tier 1 capital	201,581		199,695		201,200
Qualifying preferred stock, net of issuance cost	24,995		24,995		23,494
Other	(8)		(19)		(10)
Tier 1 capital	226,568		224,671		224,684
Tier 2 capital instruments	22,348		19,518		20,634
Qualifying allowance for credit losses	14,318		14,359		14,499
Other	(477)		(232)		(309)
Total capital under the Standardized approach	262,757		258,316		259,508
Adjustment in qualifying allowance for credit losses under the Advanced approaches	(10,645)		(10,722)		(10,508)
Total capital under the Advanced approaches	$	252,112	$	247,594	$	249,000

(1)Represents the decrease in retained earnings due to the Corporation's election to change accounting methods for certain tax-related equity investments in the fourth quarter of 2025. Under applicable bank regulatory rules, the Corporation is not required to revise previously-filed regulatory capital ratios and, accordingly, did not revise regulatory capital information as of June 30, 2025.

(2)Includes amounts in accumulated other comprehensive income related to the hedging of items that are not recognized at fair value on the Consolidated Balance Sheet.


Current-period information is preliminary and based on company data available at the time of the presentation.			7


Bank of America Corporation and Subsidiaries
Quarterly Average Balances and Interest Rates – Fully Taxable-equivalent Basis
(Dollars in millions)
	Second Quarter 2026						First Quarter 2026						Second Quarter 2025
	Average Balance		Interest Income/ Expense (1)		Yield/ Rate		Average Balance		Interest Income/ Expense (1)		Yield/ Rate		Average Balance		Interest Income/ Expense (1)		Yield/ Rate
Earning assets
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks	$	254,700	$	2,215	3.49	%	$	244,128	$	2,087	3.47	%	$	274,839	$	2,843	4.15	%
Time deposits placed and other short-term investments	11,839		93		3.15		10,470		77		2.98		10,405		89		3.43
Federal funds sold and securities borrowed or purchased under agreements to resell	373,297		4,185		4.50		346,289		3,857		4.52		353,331		4,094		4.65
Trading account assets	240,768		3,097		5.16		258,038		3,232		5.08		234,282		3,081		5.27
Debt securities	880,724		6,051		2.74		914,990		6,307		2.77		933,065		6,932		2.96
Loans and leases (2)
Residential mortgage	236,187		2,106		3.57		236,089		2,084		3.54		235,130		2,031		3.46
Home equity	27,099		370		5.48		26,884		352		5.31		26,190		379		5.80
Credit card	103,640		2,794		10.81		103,087		2,822		11.10		100,013		2,846		11.41

Direct/Indirect and other consumer	116,455		1,484		5.11		114,167		1,453		5.17		108,955		1,484		5.47

Total consumer	483,381		6,754		5.60		480,227		6,711		5.65		470,288		6,740		5.74
U.S. commercial	482,510		6,034		5.01		466,097		5,776		5.02		427,194		5,709		5.36
Non-U.S. commercial	164,502		1,940		4.73		158,080		1,851		4.75		149,044		2,016		5.42
Commercial real estate	70,280		985		5.62		68,829		963		5.67		65,847		1,023		6.23
Commercial lease financing	15,846		200		5.06		16,295		233		5.74		16,080		214		5.33
Total commercial	733,138		9,159		5.01		709,301		8,823		5.04		658,165		8,962		5.46
Total loans and leases	1,216,519		15,913		5.24		1,189,528		15,534		5.29		1,128,453		15,702		5.58
Other earning assets	128,879		2,441		7.60		136,534		2,427		7.20		115,831		2,277		7.89
Total earning assets	3,106,726		33,995		4.39		3,099,977		33,521		4.38		3,050,206		35,018		4.60
Cash and due from banks	26,656						25,877						24,781
Other assets, less allowance for loan and lease losses	398,186						386,636						355,293
Total assets	$	3,531,568					$	3,512,490					$	3,430,280
Interest-bearing liabilities
U.S. interest-bearing deposits

Demand and money market deposits	$	1,108,939	$	5,042	1.82	%	$	1,109,607	$	4,940	1.81	%	$	1,078,771	$	5,739	2.13	%

Time and savings deposits	254,022		1,661		2.62		251,937		1,689		2.72		259,261		1,998		3.09
Total U.S. interest-bearing deposits	1,362,961		6,703		1.97		1,361,544		6,629		1.97		1,338,032		7,737		2.32




Non-U.S. interest-bearing deposits	126,738		669		2.11		129,047		672		2.11		121,921		944		3.11
Total interest-bearing deposits	1,489,699		7,372		1.98		1,490,591		7,301		1.99		1,459,953		8,681		2.38
Federal funds purchased and securities loaned or sold under agreements to repurchase	353,243		4,135		4.70		384,213		4,287		4.52		414,655		4,946		4.78
Short-term borrowings and other interest-bearing liabilities	228,651		2,472		4.34		198,232		2,223		4.55		183,008		2,489		5.45
Trading account liabilities	57,026		756		5.32		52,927		745		5.71		53,805		676		5.04
Long-term debt	256,197		3,100		4.85		253,997		3,058		4.86		249,104		3,411		5.49
Total interest-bearing liabilities	2,384,816		17,835		3.00		2,379,960		17,614		3.00		2,360,525		20,203		3.43
Noninterest-bearing sources
Noninterest-bearing deposits	533,251						526,338						513,808
Other liabilities (3)	312,517						303,691						260,618
Shareholders’ equity	300,984						302,501						295,329
Total liabilities and shareholders’ equity	$	3,531,568					$	3,512,490					$	3,430,280
Net interest spread					1.39	%					1.38	%					1.17	%
Impact of noninterest-bearing sources					0.69						0.69						0.77
Net interest income/yield on earning assets (4)			$	16,160	2.08	%			$	15,907	2.07	%			$	14,815	1.94	%

(1)Includes the impact of interest rate risk management contracts.

(2)Nonperforming loans are included in the respective average loan balances. Income on these nonperforming loans is generally recognized on a cost recovery basis.

(3)Includes $84.6 billion, $77.3 billion and $58.8 billion of structured notes and liabilities for the second and first quarters of 2026 and the second quarter of 2025, respectively.

(4)Net interest income includes FTE adjustments of $163 million, $162 million and $145 million for the second and first quarters of 2026 and the second quarter of 2025, respectively.


Current-period information is preliminary and based on company data available at the time of the presentation.			8


Bank of America Corporation and Subsidiaries
Debt Securities
(Dollars in millions)
	June 30, 2026
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available-for-sale debt securities
Mortgage-backed securities:
Agency	$	41,870	$	125	$	(1,154)	$	40,841
Agency-collateralized mortgage obligations	17,204		85		(141)		17,148
Commercial	44,281		260		(484)		44,057
Non-agency residential	75		1		(24)		52
Total mortgage-backed securities	103,430		471		(1,803)		102,098
U.S. Treasury and government agencies	195,191		128		(916)		194,403
Non-U.S. securities	37,718		12		(63)		37,667
Other taxable securities	7,399		2		(54)		7,347

Tax-exempt securities	7,176		8		(159)		7,025
Total available-for-sale debt securities	350,914		621		(2,995)		348,540
Other debt securities carried at fair value (1)	14,928		121		(170)		14,879
Total debt securities carried at fair value	365,842		742		(3,165)		363,419
Held-to-maturity debt securities
Agency mortgage-backed securities	379,169		—		(68,332)		310,837
U.S. Treasury and government agencies	121,262		—		(13,011)		108,251
Other taxable securities	5,397		1		(752)		4,646
Total held-to-maturity debt securities	505,828		1		(82,095)		423,734
Total debt securities	$	871,670	$	743	$	(85,260)	$	787,153


	March 31, 2026
Available-for-sale debt securities
Mortgage-backed securities:
Agency	$	44,544	$	72	$	(1,170)	$	43,446
Agency-collateralized mortgage obligations	18,365		47		(137)		18,275
Commercial	44,212		181		(452)		43,941
Non-agency residential	270		54		(61)		263
Total mortgage-backed securities	107,391		354		(1,820)		105,925
U.S. Treasury and government agencies	215,210		103		(866)		214,447
Non-U.S. securities	33,455		4		(47)		33,412
Other taxable securities	6,185		3		(57)		6,131

Tax-exempt securities	9,203		14		(169)		9,048
Total available-for-sale debt securities	371,444		478		(2,959)		368,963
Other debt securities carried at fair value (1)	17,492		118		(184)		17,426
Total debt securities carried at fair value	388,936		596		(3,143)		386,389
Held-to-maturity debt securities
Agency mortgage-backed securities	387,880		—		(67,766)		320,114
U.S. Treasury and government agencies	121,252		—		(12,640)		108,612
Other taxable securities	5,631		2		(748)		4,885
Total held-to-maturity debt securities	514,763		2		(81,154)		433,611
Total debt securities	$	903,699	$	598	$	(84,297)	$	820,000

(1) Primarily includes non-U.S. securities used to satisfy certain international regulatory requirements.


Current-period information is preliminary and based on company data available at the time of the presentation.			9


Bank of America Corporation and Subsidiaries
Supplemental Financial Data
(Dollars in millions)

	Six Months Ended June 30						Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025			Second Quarter 2025
	2026			2025






FTE basis data (1)
Net interest income	$	32,067		$	29,403		$	16,160		$	15,907		$	15,915		$	15,387		$	14,815
Total revenue, net of interest expense	62,155			55,980			31,721			30,434			28,532			29,194			27,588
Net interest yield	2.08		%	1.96		%	2.08		%	2.07		%	2.08		%	2.01		%	1.94		%
Efficiency ratio	59.78			62.44			58.72			60.89			61.11			59.39			62.28

(1)FTE basis is a non-GAAP financial measure. FTE basis is a performance measure used by management in operating the business that management believes provides investors with meaningful information on the interest margin for comparative purposes. The Corporation believes that this presentation allows for comparison of amounts from both taxable and tax-exempt sources and is consistent with industry practices. Net interest income includes FTE adjustments of $325 million and $290 million for the six months ended June 30, 2026 and 2025, $163 million and $162 million for the second and first quarters of 2026, and $165 million, $154 million and $145 million for the fourth, third and second quarters of 2025, respectively.


Current-period information is preliminary and based on company data available at the time of the presentation.			10


Bank of America Corporation and Subsidiaries
Quarterly Results by Business Segment and All Other
(Dollars in millions)
	Second Quarter 2026
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Net interest income	$	16,160	$	9,206	$	1,888	$	3,198	$	1,911	$	(43)
Noninterest income
Fees and commissions:
Card income	1,583		1,346		5		216		16		—
Service charges	1,706		639		30		932		102		3
Investment and brokerage services	5,653		106		4,793		29		729		(4)
Investment banking fees	2,138		—		88		1,154		965		(69)
Total fees and commissions	11,080		2,091		4,916		2,331		1,812		(70)
Market making and similar activities	4,177		7		32		59		4,422		(343)
Other income (loss)	304		32		35		648		(123)		(288)
Total noninterest income (loss)	15,561		2,130		4,983		3,038		6,111		(701)
Total revenue, net of interest expense	31,721		11,336		6,871		6,236		8,022		(744)
Provision for credit losses	1,366		1,160		11		215		(11)		(9)
Noninterest expense	18,627		5,801		4,976		3,199		4,484		167
Income (loss) before income taxes	11,728		4,375		1,884		2,822		3,549		(902)
Income tax expense (benefit)	2,654		1,094		471		776		923		(610)
Net income (loss)	$	9,074	$	3,281	$	1,413	$	2,046	$	2,626	$	(292)

Average
Total loans and leases	$	1,216,519	$	321,056	$	270,257	$	413,364	$	204,994	$	6,848
Total assets (1)	3,531,568		1,041,292		328,688		754,368		1,120,548		286,672
Total deposits	2,022,950		956,957		281,593		651,867		38,129		94,404
Period end
Total loans and leases	$	1,217,619	$	322,271	$	276,980	$	412,294	$	198,678	$	7,396
Total assets (1)	3,498,956		1,039,051		327,667		761,395		1,106,764		264,079
Total deposits	2,025,124		953,195		278,155		662,867		38,146		92,761

	First Quarter 2026
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Net interest income	$	15,907	$	8,993	$	1,862	$	3,230	$	1,861	$	(39)
Noninterest income
Fees and commissions:
Card income	1,493		1,273		2		202		16		—
Service charges	1,674		638		32		904		100		—
Investment and brokerage services	5,541		102		4,671		11		760		(3)
Investment banking fees	1,841		—		82		1,047		762		(50)
Total fees and commissions	10,549		2,013		4,787		2,164		1,638		(53)
Market making and similar activities	3,637		7		31		81		3,721		(203)
Other income (loss)	341		36		32		812		(111)		(428)
Total noninterest income (loss)	14,527		2,056		4,850		3,057		5,248		(684)
Total revenue, net of interest expense	30,434		11,049		6,712		6,287		7,109		(723)
Provision for credit losses	1,337		1,132		2		185		27		(9)
Noninterest expense	18,531		5,837		4,938		3,223		4,370		163
Income (loss) before income taxes	10,566		4,080		1,772		2,879		2,712		(877)
Income tax expense (benefit)	1,982		1,020		443		792		705		(978)
Net income	$	8,584	$	3,060	$	1,329	$	2,087	$	2,007	$	101

Average
Total loans and leases	$	1,189,528	$	322,164	$	262,150	$	396,988	$	201,237	$	6,989
Total assets (1)	3,512,490		1,034,670		333,409		749,898		1,101,576		292,937
Total deposits	2,016,929		950,809		286,578		647,583		39,752		92,207
Period end
Total loans and leases	$	1,205,035	$	321,196	$	264,070	$	406,982	$	205,941	$	6,846
Total assets (1)	3,496,186		1,058,618		336,511		745,299		1,091,745		264,013
Total deposits	2,037,663		973,306		287,719		647,018		38,012		91,608

(1)Total assets include asset allocations to match liabilities (i.e., deposits).


Current-period information is preliminary and based on company data available at the time of the presentation.			11


Bank of America Corporation and Subsidiaries
Quarterly Results by Business Segment and All Other (continued)
(Dollars in millions)
	Second Quarter 2025
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Net interest income	$	14,815	$	8,726	$	1,762	$	3,081	$	1,267	$	(21)
Noninterest income
Fees and commissions:
Card income	1,646		1,415		10		207		19		(5)
Service charges	1,615		627		28		864		94		2
Investment and brokerage services	4,780		85		4,033		23		642		(3)
Investment banking fees	1,428		—		65		767		666		(70)
Total fees and commissions	9,469		2,127		4,136		1,861		1,421		(76)
Market making and similar activities	3,153		6		28		68		3,300		(249)
Other income (loss)	151		(46)		11		679		(6)		(487)
Total noninterest income (loss)	12,773		2,087		4,175		2,608		4,715		(812)
Total revenue, net of interest expense	27,588		10,813		5,937		5,689		5,982		(833)
Provision for credit losses	1,592		1,282		20		277		22		(9)
Noninterest expense	17,183		5,567		4,593		3,070		3,806		147
Income (loss) before income taxes	8,813		3,964		1,324		2,342		2,154		(971)
Income tax expense (benefit)	1,643		991		331		644		625		(948)
Net income (loss)	$	7,170	$	2,973	$	993	$	1,698	$	1,529	$	(23)

Average
Total loans and leases	$	1,128,453	$	319,142	$	237,377	$	387,864	$	176,368	$	7,702
Total assets (1)	3,430,280		1,033,776		320,224		703,326		1,022,955		349,999
Total deposits	1,973,761		951,986		276,825		603,410		38,040		103,500
Period end
Total loans and leases	$	1,147,056	$	320,908	$	241,142	$	390,691	$	187,357	$	6,958
Total assets (1)	3,440,798		1,037,407		320,820		739,214		1,017,594		325,763
Total deposits	2,011,613		954,373		275,778		643,529		38,232		99,701

(1)Total assets include asset allocations to match liabilities (i.e., deposits).


Current-period information is preliminary and based on company data available at the time of the presentation.			12


Bank of America Corporation and Subsidiaries
Year-to-Date by Business Segment and All Other
(Dollars in millions)
	Six Months Ended June 30, 2026
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Net interest income	$	32,067	$	18,199	$	3,750	$	6,428	$	3,772	$	(82)
Noninterest income
Fees and commissions:
Card income	3,076		2,619		7		418		32		—
Service charges	3,380		1,277		62		1,836		202		3
Investment and brokerage services	11,194		208		9,464		40		1,489		(7)
Investment banking fees	3,979		—		170		2,201		1,727		(119)
Total fees and commissions	21,629		4,104		9,703		4,495		3,450		(123)
Market making and similar activities	7,814		14		63		140		8,143		(546)
Other income (loss)	645		68		67		1,460		(234)		(716)
Total noninterest income (loss)	30,088		4,186		9,833		6,095		11,359		(1,385)
Total revenue, net of interest expense	62,155		22,385		13,583		12,523		15,131		(1,467)
Provision for credit losses	2,703		2,292		13		400		16		(18)
Noninterest expense	37,158		11,638		9,914		6,422		8,854		330
Income (loss) before income taxes	22,294		8,455		3,656		5,701		6,261		(1,779)
Income tax expense (benefit)	4,636		2,114		914		1,568		1,628		(1,588)
Net income (loss)	$	17,658	$	6,341	$	2,742	$	4,133	$	4,633	$	(191)

Average
Total loans and leases	$	1,203,098	$	321,607	$	266,226	$	405,222	$	203,126	$	6,917
Total assets (1)	3,522,082		1,038,000		331,035		752,145		1,111,115		289,787
Total deposits	2,019,955		953,900		284,072		649,737		38,936		93,310
Period end
Total loans and leases	$	1,217,619	$	322,271	$	276,980	$	412,294	$	198,678	$	7,396
Total assets (1)	3,498,956		1,039,051		327,667		761,395		1,106,764		264,079
Total deposits	2,025,124		953,195		278,155		662,867		38,146		92,761

	Six Months Ended June 30, 2025
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Net interest income	$	29,403	$	17,231	$	3,527	$	6,232	$	2,456	$	(43)
Noninterest income
Fees and commissions:
Card income	3,164		2,712		20		409		33		(10)
Service charges	3,176		1,245		55		1,690		183		3
Investment and brokerage services	9,593		168		8,122		41		1,269		(7)
Investment banking fees	2,951		—		134		1,614		1,347		(144)
Total fees and commissions	18,884		4,125		8,331		3,754		2,832		(158)
Market making and similar activities	6,737		14		62		134		6,922		(395)
Other income (loss)	956		(64)		33		1,561		357		(931)
Total noninterest income (loss)	26,577		4,075		8,426		5,449		10,111		(1,484)
Total revenue, net of interest expense	55,980		21,306		11,953		11,681		12,567		(1,527)
Provision for credit losses	3,072		2,574		34		431		50		(17)
Noninterest expense	34,953		11,393		9,252		6,254		7,617		437
Income (loss) before income taxes	17,955		7,339		2,667		4,996		4,900		(1,947)
Income tax expense (benefit)	3,425		1,835		667		1,374		1,421		(1,872)
Net income (loss)	$	14,530	$	5,504	$	2,000	$	3,622	$	3,479	$	(75)

Average
Total loans and leases	$	1,111,191	$	317,101	$	234,866	$	383,324	$	168,043	$	7,857
Total assets (1)	3,389,870		1,031,560		325,387		688,686		996,267		347,970
Total deposits	1,966,089		949,780		281,586		589,375		38,423		106,925
Period end
Total loans and leases	$	1,147,056	$	320,908	$	241,142	$	390,691	$	187,357	$	6,958
Total assets (1)	3,440,798		1,037,407		320,820		739,214		1,017,594		325,763
Total deposits	2,011,613		954,373		275,778		643,529		38,232		99,701

(1)Total assets include asset allocations to match liabilities (i.e., deposits).


Current-period information is preliminary and based on company data available at the time of the presentation.			13


Bank of America Corporation and Subsidiaries
Consumer Banking Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025			Second Quarter 2025
	2026			2025
Net interest income	$	18,199		$	17,231		$	9,206		$	8,993		$	9,090		$	8,988		$	8,726
Noninterest income:
Card income	2,619			2,712			1,346			1,273			1,341			1,403			1,415
Service charges	1,277			1,245			639			638			638			645			627

All other income	290			118			145			145			132			130			45
Total noninterest income	4,186			4,075			2,130			2,056			2,111			2,178			2,087
Total revenue, net of interest expense	22,385			21,306			11,336			11,049			11,201			11,166			10,813

Provision for credit losses	2,292			2,574			1,160			1,132			1,066			1,009			1,282

Noninterest expense	11,638			11,393			5,801			5,837			5,729			5,575			5,567
Income before income taxes	8,455			7,339			4,375			4,080			4,406			4,582			3,964
Income tax expense	2,114			1,835			1,094			1,020			1,102			1,145			991
Net income	$	6,341		$	5,504		$	3,281		$	3,060		$	3,304		$	3,437		$	2,973

Net interest yield	3.67		%	3.49		%	3.68		%	3.66		%	3.64		%	3.59		%	3.51		%
Efficiency ratio	51.99			53.48			51.18			52.82			51.15			49.92			51.48
Return on average allocated capital (1)	28			25			29			27			30			31			27

Balance Sheet
Average
Total loans and leases	$	321,607		$	317,101		$	321,056		$	322,164		$	322,678		$	320,297		$	319,142
Total earning assets (2)	999,632			994,233			1,002,799			996,431			989,897			992,007			996,193
Total assets (2)	1,038,000			1,031,560			1,041,292			1,034,670			1,027,783			1,029,529			1,033,776
Total deposits	953,900			949,780			956,957			950,809			945,394			947,414			951,986
Allocated capital (1)	45,500			44,000			45,500			45,500			44,000			44,000			44,000

Period end
Total loans and leases	$	322,271		$	320,908		$	322,271		$	321,196		$	325,871		$	321,905		$	320,908
Total earning assets (2)	999,457			999,094			999,457			1,019,832			998,969			994,931			999,094
Total assets (2)	1,039,051			1,037,407			1,039,051			1,058,618			1,039,346			1,032,826			1,037,407
Total deposits	953,195			954,373			953,195			973,306			956,265			949,100			954,373

(1) Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.

(2) Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity.


Current-period information is preliminary and based on company data available at the time of the presentation.			14


Bank of America Corporation and Subsidiaries
Consumer Banking Key Indicators
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025			Second Quarter 2025
	2026			2025
Average deposit balances
Checking	$	564,111		$	553,804		$	567,531		$	560,652		$	555,202		$	553,438		$	556,030
Savings	51,533			53,031			51,807			51,256			50,843			51,840			53,077
MMS	229,254			239,845			229,194			229,315			228,437			232,892			238,285
CDs and IRAs	105,358			99,498			104,768			105,954			107,364			105,633			100,957
Other	3,644			3,602			3,657			3,632			3,548			3,611			3,637
Total average deposit balances	$	953,900		$	949,780		$	956,957		$	950,809		$	945,394		$	947,414		$	951,986

Deposit spreads (excludes noninterest costs)
Checking	3.11		%	2.85		%	3.15		%	3.07		%	3.02		%	2.96		%	2.90		%
Savings	3.42			3.17			3.46			3.39			3.33			3.28			3.21
MMS	3.62			3.42			3.64			3.59			3.56			3.52			3.45
CDs and IRAs	1.28			1.53			1.31			1.24			1.25			1.37			1.49
Other	3.63			4.22			3.57			3.68			4.27			4.13			4.18
Total deposit spreads	3.05			2.88			3.08			3.01			2.97			2.94			2.91

Consumer investment assets (1)	$	639,517		$	539,727		$	639,517		$	573,254		$	599,110		$	580,391		$	539,727

Active digital banking users (in thousands) (2)	49,834			48,998			49,834			49,986			49,323			49,198			48,998
Active mobile banking users (in thousands) (3)	42,056			40,840			42,056			41,766			41,427			41,258			40,840
Financial centers	3,530			3,664			3,530			3,540			3,628			3,649			3,664
ATMs	14,939			14,904			14,939			14,902			14,909			14,920			14,904

Total credit card (4)
Loans
Average credit card outstandings	$	103,365		$	100,092		$	103,640		$	103,087		$	102,992		$	100,966		$	100,013
Ending credit card outstandings	105,659			101,209			105,659			102,833			106,027			102,109			101,209
Credit quality
Net charge-offs	$	1,843		$	1,955		$	919		$	924		$	882		$	880		$	954
	3.59		%	3.94		%	3.55		%	3.64		%	3.40		%	3.46		%	3.82		%
30+ delinquency	$	2,352		$	2,388		$	2,352		$	2,512		$	2,604		$	2,464		$	2,388
	2.23		%	2.36		%	2.23		%	2.44		%	2.46		%	2.41		%	2.36		%
90+ delinquency	$	1,241		$	1,257		$	1,241		$	1,341		$	1,352		$	1,259		$	1,257
	1.17		%	1.24		%	1.17		%	1.30		%	1.27		%	1.23		%	1.24		%
Other total credit card indicators (4)
Gross interest yield	11.49		%	12.09		%	11.36		%	11.64		%	11.76		%	12.17		%	12.06		%
Risk-adjusted margin	6.58			6.88			6.47			6.69			7.02			7.48			7.07
New accounts (in thousands)	1,883			1,747			999			884			855			929			834
Purchase volumes	$	194,849		$	183,022		$	101,877		$	92,972		$	99,622		$	95,116		$	94,814

Debit card data
Purchase volumes	$	316,123		$	289,485		$	164,189		$	151,934		$	155,070		$	150,048		$	149,288

Loan production (5)
Consumer Banking:
First mortgage	$	6,563		$	4,909		$	3,497		$	3,066		$	4,176		$	3,052		$	3,052
Home equity	4,404			4,075			2,404			2,000			2,159			2,326			2,241
Total (6):
First mortgage	$	14,691		$	11,112		$	8,259		$	6,432		$	8,463		$	6,751		$	6,604
Home equity	5,361			4,980			2,899			2,462			2,620			2,800			2,766

(1) Includes client brokerage assets, deposit sweep balances, brokered certificates of deposit (CDs), and assets under management (AUM) in Consumer Banking.

(2) Represents mobile and/or online active users over the past 90 days.

(3) Represents mobile active users over the past 90 days.

(4) In addition to the credit card portfolio in Consumer Banking, the remaining credit card portfolio is in GWIM.

(5) Loan production amounts represent the unpaid principal balance of loans and, in the case of home equity, the principal amount of the total line of credit.

(6) In addition to loan production in Consumer Banking, there is also first mortgage and home equity loan production in GWIM.


Current-period information is preliminary and based on company data available at the time of the presentation.			15


Bank of America Corporation and Subsidiaries
Global Wealth & Investment Management Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025			Second Quarter 2025
	2026			2025
Net interest income	$	3,750		$	3,527		$	1,888		$	1,862		$	1,870		$	1,800		$	1,762
Noninterest income:
Investment and brokerage services	9,464			8,122			4,793			4,671			4,563			4,334			4,033
All other income	369			304			190			179			185			178			142
Total noninterest income	9,833			8,426			4,983			4,850			4,748			4,512			4,175
Total revenue, net of interest expense	13,583			11,953			6,871			6,712			6,618			6,312			5,937

Provision for credit losses	13			34			11			2			(3)			4			20

Noninterest expense	9,914			9,252			4,976			4,938			4,747			4,622			4,593
Income before income taxes	3,656			2,667			1,884			1,772			1,874			1,686			1,324
Income tax expense	914			667			471			443			469			421			331
Net income	$	2,742		$	2,000		$	1,413		$	1,329		$	1,405		$	1,265		$	993

Net interest yield	2.39		%	2.28		%	2.42		%	2.37		%	2.39		%	2.33		%	2.31		%
Efficiency ratio	72.99			77.40			72.41			73.58			71.75			73.22			77.36

Return on average allocated capital (1)	25			21			26			24			28			26			20

Balance Sheet
Average
Total loans and leases	$	266,226		$	234,866		$	270,257		$	262,150		$	256,968		$	245,523		$	237,377
Total earning assets (2)	316,294			311,660			313,639			318,978			309,916			306,384			306,490
Total assets (2)	331,035			325,387			328,688			333,409			324,446			320,484			320,224
Total deposits	284,072			281,586			281,593			286,578			279,456			276,534			276,825
Allocated capital (1)	22,250			19,750			22,250			22,250			19,750			19,750			19,750


Period end
Total loans and leases	$	276,980		$	241,142		$	276,980		$	264,070		$	261,303		$	252,986		$	241,142
Total earning assets (2)	311,564			305,793			311,564			321,554			320,899			310,732			305,793
Total assets (2)	327,667			320,820			327,667			336,511			335,495			325,605			320,820
Total deposits	278,155			275,778			278,155			287,719			289,854			278,931			275,778

(1)Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.

(2)Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity.


Current-period information is preliminary and based on company data available at the time of the presentation.			16


Bank of America Corporation and Subsidiaries
Global Wealth & Investment Management Key Indicators
(Dollars in millions)
	Six Months Ended June 30				Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025		Second Quarter 2025
	2026		2025
Revenue by Business
Merrill Wealth Management	$	11,290	$	9,961	$	5,711	$	5,579	$	5,494	$	5,261	$	4,942
Bank of America Private Bank	2,293		1,992		1,160		1,133		1,124		1,051		995

Total revenue, net of interest expense	$	13,583	$	11,953	$	6,871	$	6,712	$	6,618	$	6,312	$	5,937

Client Balances by Business, at period end
Merrill Wealth Management	$	4,132,451	$	3,695,213	$	4,132,451	$	3,815,389	$	3,992,312	$	3,896,124	$	3,695,213
Bank of America Private Bank	801,945		700,018		801,945		757,017		759,082		744,675		700,018

Total client balances	$	4,934,396	$	4,395,231	$	4,934,396	$	4,572,406	$	4,751,394	$	4,640,799	$	4,395,231

Client Balances by Type, at period end


Assets under management (1)	$	2,327,766	$	1,986,523	$	2,327,766	$	2,115,782	$	2,177,708	$	2,109,946	$	1,986,523
Brokerage and other assets	2,094,157		1,932,182		2,094,157		1,946,617		2,067,937		2,040,748		1,932,182

Deposits	278,155		275,778		278,155		287,719		289,854		278,931		275,778
Loans and leases (2)	279,618		243,409		279,618		266,657		263,819		255,381		243,409
Less: Managed deposits in assets under management	(45,300)		(42,661)		(45,300)		(44,369)		(47,924)		(44,207)		(42,661)
Total client balances	$	4,934,396	$	4,395,231	$	4,934,396	$	4,572,406	$	4,751,394	$	4,640,799	$	4,395,231

Assets Under Management Rollforward
Assets under management, beginning balance	$	2,177,708	$	1,882,211	$	2,115,782	$	2,177,708	$	2,109,946	$	1,986,523	$	1,855,657
Net client flows	34,045		38,271		13,673		20,372		20,209		23,517		14,314

Market valuation/other	116,013		66,041		198,311		(82,298)		47,553		99,906		116,552
Total assets under management, ending balance	$	2,327,766	$	1,986,523	$	2,327,766	$	2,115,782	$	2,177,708	$	2,109,946	$	1,986,523

(1)Defined as managed assets under advisory and/or discretion of GWIM.

(2)Includes margin receivables, which are classified in customer and other receivables on the Consolidated Balance Sheet.


Current-period information is preliminary and based on company data available at the time of the presentation.			17


Bank of America Corporation and Subsidiaries
Global Banking Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025			Second Quarter 2025
	2026			2025
Net interest income	$	6,428		$	6,232		$	3,198		$	3,230		$	3,238		$	3,141		$	3,081
Noninterest income:
Service charges	1,836			1,690			932			904			885			863			864
Investment banking fees	2,201			1,614			1,154			1,047			973			1,155			767
All other income	2,058			2,145			952			1,106			1,142			1,030			977
Total noninterest income	6,095			5,449			3,038			3,057			3,000			3,048			2,608
Total revenue, net of interest expense	12,523			11,681			6,236			6,287			6,238			6,189			5,689

Provision for credit losses	400			431			215			185			243			269			277

Noninterest expense	6,422			6,254			3,199			3,223			3,118			3,044			3,070
Income before income taxes	5,701			4,996			2,822			2,879			2,877			2,876			2,342
Income tax expense	1,568			1,374			776			792			791			791			644
Net income	$	4,133		$	3,622		$	2,046		$	2,087		$	2,086		$	2,085		$	1,698

Net interest yield	1.88		%	2.02		%	1.86		%	1.91		%	1.86		%	1.87		%	1.94		%
Efficiency ratio	51.29			53.55			51.30			51.27			50.01			49.16			53.98
Return on average allocated capital (1)	15			14			15			16			16			16			13

Balance Sheet
Average
Total loans and leases	$	405,222		$	383,324		$	413,364		$	396,988		$	386,319		$	388,482		$	387,864
Total earning assets (2)	687,699			623,607			689,980			685,393			690,069			665,143			638,259
Total assets (2)	752,145			688,686			754,368			749,898			754,999			730,206			703,326
Total deposits	649,737			589,375			651,867			647,583			656,120			631,560			603,410
Allocated capital (1)	54,250			50,750			54,250			54,250			50,750			50,750			50,750

Period end
Total loans and leases	$	412,294		$	390,691		$	412,294		$	406,982		$	388,998		$	386,828		$	390,691
Total earning assets (2)	695,499			673,069			695,499			681,219			671,354			671,971			673,069
Total assets (2)	761,395			739,214			761,395			745,299			734,710			737,640			739,214
Total deposits	662,867			643,529			662,867			647,018			641,211			640,801			643,529

(1)Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.

(2)Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity.


Current-period information is preliminary and based on company data available at the time of the presentation.			18


Bank of America Corporation and Subsidiaries
Global Banking Key Indicators
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025			Second Quarter 2025
	2026			2025
Investment Banking fees (1)
Advisory (2)	$	1,014		$	630		$	517		$	497		$	541		$	536		$	291
Debt issuance	837			755			417			420			321			472			346
Equity issuance	350			229			220			130			111			147			130
Total Investment Banking fees (3)	$	2,201		$	1,614		$	1,154		$	1,047		$	973		$	1,155		$	767

Business Lending
Corporate	$	1,985		$	1,955		$	893		$	1,092		$	1,031		$	1,045		$	1,006
Commercial	2,255			2,250			1,118			1,137			1,181			1,135			1,141
Business Banking	98			109			50			48			51			56			55
Total Business Lending revenue	$	4,338		$	4,314		$	2,061		$	2,277		$	2,263		$	2,236		$	2,202

Global Transaction Services
Corporate	$	2,805		$	2,558		$	1,399		$	1,406		$	1,415		$	1,326		$	1,270
Commercial	2,213			2,050			1,118			1,095			1,131			1,043			1,018
Business Banking	787			721			403			384			397			370			361
Total Global Transaction Services revenue	$	5,805		$	5,329		$	2,920		$	2,885		$	2,943		$	2,739		$	2,649

Average deposit balances
Interest-bearing	$	496,005		$	438,121		$	498,484		$	493,498		$	502,455		$	483,285		$	453,768
Noninterest-bearing	153,732			151,254			153,383			154,085			153,665			148,275			149,642
Total average deposits	$	649,737		$	589,375		$	651,867		$	647,583		$	656,120		$	631,560		$	603,410



Provision for credit losses	$	400		$	431		$	215		$	185		$	243		$	269		$	277

Credit quality (4, 5)
Reservable criticized utilized exposure	$	18,639		$	24,298		$	18,639		$	20,576		$	21,010		$	22,637		$	24,298
	4.27		%	5.90		%	4.27		%	4.79		%	5.11		%	5.55		%	5.90		%

Nonperforming loans, leases and foreclosed properties	$	2,577		$	3,114		$	2,577		$	2,550		$	2,620		$	2,395		$	3,114
	0.63		%	0.80		%	0.63		%	0.63		%	0.68		%	0.62		%	0.80		%

Average loans and leases by product
U.S. commercial	$	255,209		$	238,993		$	260,750		$	249,606		$	242,890		$	244,131		$	242,431
Non-U.S. commercial	82,875			79,414			84,824			80,905			78,363			79,811			80,672
Commercial real estate	50,814			48,667			51,696			49,922			48,313			48,256			48,397
Commercial lease financing	16,324			16,250			16,094			16,555			16,752			16,282			16,364
Other	—			—			—			—			1			2			—
Total average loans and leases	$	405,222		$	383,324		$	413,364		$	396,988		$	386,319		$	388,482		$	387,864

Total Corporation Investment Banking fees
Advisory (2)	$	1,111		$	717		$	558		$	553		$	590		$	583		$	333
Debt issuance	2,099			1,779			1,113			986			810			1,109			837
Equity issuance	888			600			535			353			297			362			328
Total investment banking fees including self-led deals	4,098			3,096			2,206			1,892			1,697			2,054			1,498
Self-led deals	(119)			(145)			(68)			(51)			(31)			(41)			(70)
Total Investment Banking fees	$	3,979		$	2,951		$	2,138		$	1,841		$	1,666		$	2,013		$	1,428

(1)Investment banking fees represent total investment banking fees for Global Banking inclusive of self-led deals and fees included within Business Lending.

(2)Advisory includes fees on debt and equity advisory and mergers and acquisitions.

(3)Investment banking fees represent only the fee component in Global Banking and do not include certain other items shared with the Investment Banking Group under internal revenue sharing agreements.

(4)Criticized exposure corresponds to the Special Mention, Substandard and Doubtful asset categories defined by regulatory authorities. The reservable criticized exposure is on an end-of-period basis and is also shown as a percentage of total commercial reservable utilized exposure, including loans and leases, standby letters of credit, financial guarantees, commercial letters of credit and bankers’ acceptances.

(5)Nonperforming loans, leases and foreclosed properties are on an end-of-period basis. The nonperforming ratio is calculated as nonperforming assets divided by loans, leases and foreclosed properties.


Current-period information is preliminary and based on company data available at the time of the presentation.			19


Bank of America Corporation and Subsidiaries
Global Markets Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025			Second Quarter 2025
	2026			2025
Net interest income	$	3,772		$	2,456		$	1,911		$	1,861		$	1,750		$	1,484		$	1,267
Noninterest income:
Investment and brokerage services	1,489			1,269			729			760			628			614			642
Investment banking fees	1,727			1,347			965			762			656			834			666
Market making and similar activities	8,143			6,922			4,422			3,721			2,001			3,141			3,300
All other income	—			573			(5)			5			269			152			107
Total noninterest income	11,359			10,111			6,111			5,248			3,554			4,741			4,715
Total revenue, net of interest expense (1)	15,131			12,567			8,022			7,109			5,304			6,225			5,982

Provision for credit losses	16			50			(11)			27			12			9			22

Noninterest expense	8,854			7,617			4,484			4,370			3,906			3,895			3,806
Income before income taxes	6,261			4,900			3,549			2,712			1,386			2,321			2,154
Income tax expense	1,628			1,421			923			705			402			673			625
Net income	$	4,633		$	3,479		$	2,626		$	2,007		$	984		$	1,648		$	1,529

Efficiency ratio	58.52		%	60.61		%	55.90		%	61.47		%	73.64		%	62.58		%	63.61		%

Return on average allocated capital (2)	17			14			20			15			8			13			13

Balance Sheet
Average
Total trading-related assets	$	738,503		$	684,414		$	746,938		$	729,973		$	666,609		$	676,621		$	700,413
Total loans and leases	203,126			168,043			204,994			201,237			197,822			190,994			176,368
Total earning assets	880,124			796,875			885,914			874,270			820,324			813,197			825,835
Total assets	1,111,115			996,267			1,120,548			1,101,576			1,026,282			1,024,300			1,022,955
Total deposits	38,936			38,423			38,129			39,752			37,875			37,588			38,040
Allocated capital (2)	53,500			49,000			53,500			53,500			49,000			49,000			49,000


Period end
Total trading-related assets	$	733,475		$	670,649		$	733,475		$	727,035		$	670,949		$	638,176		$	670,649
Total loans and leases	198,678			187,357			198,678			205,941			202,733			196,759			187,357
Total earning assets	873,890			806,289			873,890			866,402			814,196			793,246			806,289
Total assets	1,106,764			1,017,594			1,106,764			1,091,745			1,032,858			997,908			1,017,594
Total deposits	38,146			38,232			38,146			38,012			40,614			36,883			38,232

Trading-related assets (average)
Trading account securities	$	379,481		$	345,273		$	371,536		$	387,514		$	357,802		$	361,610		$	343,971
Reverse repurchases	162,604			156,405			168,093			157,053			132,317			138,908			169,064
Securities borrowed	150,113			141,872			159,969			140,148			135,904			135,615			146,889
Derivative assets	46,305			40,864			47,340			45,258			40,586			40,488			40,489
Total trading-related assets	$	738,503		$	684,414		$	746,938		$	729,973		$	666,609		$	676,621		$	700,413

(1)Substantially all of Global Markets total revenue is sales and trading revenue and investment banking fees, with a small portion related to certain revenue sharing agreements with other business segments. For additional sales and trading revenue information, see page 21.

(2)Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.


Current-period information is preliminary and based on company data available at the time of the presentation.			20


Bank of America Corporation and Subsidiaries
Global Markets Key Indicators
(Dollars in millions)
	Six Months Ended June 30				Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025		Second Quarter 2025
	2026		2025
Sales and trading revenue (1)
Fixed-income, currencies and commodities	$	7,021	$	6,674	$	3,476	$	3,545	$	2,501	$	3,092	$	3,195
Equities	6,464		4,319		3,622		2,842		2,015		2,270		2,133
Total sales and trading revenue	$	13,485	$	10,993	$	7,098	$	6,387	$	4,516	$	5,362	$	5,328

Sales and trading revenue, excluding net debit valuation adjustment (2,3)
Fixed-income, currencies and commodities	$	7,032	$	6,713	$	3,536	$	3,496	$	2,517	$	3,078	$	3,249
Equities	6,447		4,312		3,619		2,828		2,016		2,270		2,130
Total sales and trading revenue, excluding net debit valuation adjustment	$	13,479	$	11,025	$	7,155	$	6,324	$	4,533	$	5,348	$	5,379

Sales and trading revenue breakdown
Net interest income	$	3,457	$	2,153	$	1,765	$	1,692	$	1,612	$	1,340	$	1,119
Commissions	1,488		1,268		728		760		628		614		642
Trading	8,142		6,921		4,421		3,721		2,001		3,140		3,299
Other	398		651		184		214		275		268		268
Total sales and trading revenue	$	13,485	$	10,993	$	7,098	$	6,387	$	4,516	$	5,362	$	5,328

(1) Includes Global Banking sales and trading revenue of $469 million and $175 million for the six months ended June 30, 2026 and 2025, $227 million and $242 million for the second and first quarters of 2026, and $183 million, $172 million and $212 million for the fourth, third and second quarters of 2025, respectively.

(2) For this presentation, sales and trading revenue excludes net debit valuation adjustment (DVA) gains (losses), which include net DVA on derivatives, as well as amortization of own credit portion of purchase discount and realized DVA on structured liabilities. Sales and trading revenue excluding net DVA gains (losses) represents a non-GAAP financial measure. We believe the use of this non-GAAP financial measure provides additional useful information to assess the underlying performance of these businesses and to allow better comparison of period-to-period operating performance.

(3)Net DVA gains (losses) were $6 million and $(32) million for the six months ended June 30, 2026 and 2025, $(57) million and $63 million for the second and first quarters of 2026, and $(17) million, $14 million and $(51) million for the fourth, third and second quarters of 2025, respectively. FICC net DVA gains (losses) were $(11) million and $(39) million for the six months ended June 30, 2026 and 2025, $(60) million and $49 million for the second and first quarters of 2026, and $(16) million, $14 million and $(54) million for the fourth, third, and second quarters of 2025, respectively. Equities net DVA gains (losses) were $17 million and $7 million for the six months ended June 30, 2026 and 2025, $3 million and $14 million for the second and first quarters of 2026, and $(1) million, $0 and $3 million for the fourth, third and second quarters of 2025, respectively.


Current-period information is preliminary and based on company data available at the time of the presentation.			21


Bank of America Corporation and Subsidiaries
All Other Results (1)
(Dollars in millions)
	Six Months Ended June 30				Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025		Second Quarter 2025
	2026		2025
Net interest income	$	(82)	$	(43)	$	(43)	$	(39)	$	(33)	$	(26)	$	(21)





Noninterest income (loss)	(1,385)		(1,484)		(701)		(684)		(796)		(672)		(812)
Total revenue, net of interest expense	(1,467)		(1,527)		(744)		(723)		(829)		(698)		(833)

Provision for credit losses	(18)		(17)		(9)		(9)		(10)		4		(9)



Noninterest expense	330		437		167		163		(63)		201		147
Loss before income taxes	(1,779)		(1,947)		(902)		(877)		(756)		(903)		(971)
Income tax expense (benefit)	(1,588)		(1,872)		(610)		(978)		(624)		(800)		(948)
Net income (loss)	$	(191)	$	(75)	$	(292)	$	101	$	(132)	$	(103)	$	(23)

Balance Sheet
Average
Total loans and leases	$	6,917	$	7,857	$	6,848	$	6,989	$	7,108	$	7,739	$	7,702
Total assets (2)	289,787		347,970		286,672		292,937		294,281		328,928		349,999
Total deposits	93,310		106,925		94,404		92,207		93,678		98,338		103,500

Period end
Total loans and leases	$	7,396	$	6,958	$	7,396	$	6,846	$	6,795	$	7,422	$	6,958

Total assets (3)	264,079		325,763		264,079		264,013		269,329		309,170		325,763
Total deposits	92,761		99,701		92,761		91,608		90,785		96,493		99,701

(1)All Other primarily consists of asset and liability management (ALM) activities, liquidating businesses and certain expenses not otherwise allocated to a business segment. ALM activities encompass interest rate and foreign currency risk management activities for which substantially all of the results are allocated to our business segments.

(2)Includes elimination of segments’ excess asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity of $993.4 billion and $979.1 billion for the six months ended June 30, 2026 and 2025, and $984.1 billion, $1.0 trillion, $1.0 trillion, $994.4 billion and $981.6 billion for the second and first quarters of 2026, and the fourth, third and second quarters of 2025, respectively.

(3)Includes elimination of segments’ excess asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity of $982.1 billion for the second quarter of 2026 and $1.0 trillion for the first quarter of 2026 and the fourth, third and second quarters of 2025.


Current-period information is preliminary and based on company data available at the time of the presentation.			22


Bank of America Corporation and Subsidiaries
Outstanding Loans and Leases
(Dollars in millions)
	June 30 2026		March 31 2026		June 30 2025
Consumer
Residential mortgage	$	236,316	$	236,176	$	235,313
Home equity	27,114		26,762		26,142
Credit card	105,659		102,833		101,209
Direct/Indirect consumer (1)	118,327		113,954		109,730
Other consumer (2)	182		153		165
Total consumer loans excluding loans accounted for under the fair value option	487,598		479,878		472,559
Consumer loans accounted for under the fair value option (3)	159		158		214
Total consumer	487,757		480,036		472,773

Commercial
U.S. commercial	456,632		451,951		415,423
Non-U.S. commercial	159,894		160,722		148,675
Commercial real estate (4)	71,097		69,615		65,676
Commercial lease financing	15,402		15,945		15,752
	703,025		698,233		645,526
U.S. small business commercial	23,637		23,167		22,108
Total commercial loans excluding loans accounted for under the fair value option	726,662		721,400		667,634
Commercial loans accounted for under the fair value option (3)	3,200		3,599		6,649
Total commercial	729,862		724,999		674,283

Total loans and leases	$	1,217,619	$	1,205,035	$	1,147,056

(1)Includes primarily auto and specialty lending loans and leases of $52.4 billion, $53.9 billion and $54.8 billion, U.S. securities-based lending loans of $61.9 billion, $56.2 billion and $51.2 billion and non-U.S. consumer loans of $3.2 billion, $3.1 billion and $2.9 billion at June 30, 2026, March 31, 2026 and June 30, 2025, respectively.

(2)Substantially all of other consumer is consumer overdrafts.

(3)Consumer loans accounted for under the fair value option includes residential mortgage loans of $55 million, $56 million and $58 million and home equity loans of $104 million, $102 million and $156 million at June 30, 2026, March 31, 2026 and June 30, 2025, respectively. Commercial loans accounted for under the fair value option includes U.S. commercial loans of $2.2 billion, $2.5 billion and $2.5 billion and non-U.S. commercial loans of $1.0 billion, $1.1 billion and $4.1 billion at June 30, 2026, March 31, 2026 and June 30, 2025, respectively.

(4)Includes U.S. commercial real estate loans of $65.9 billion, $64.2 billion and $59.7 billion and non-U.S. commercial real estate loans of $5.2 billion, $5.5 billion and $6.0 billion at June 30, 2026, March 31, 2026 and June 30, 2025, respectively.


Current-period information is preliminary and based on company data available at the time of the presentation.			23


Bank of America Corporation and Subsidiaries
Quarterly Average Loans and Leases by Business Segment and All Other
(Dollars in millions)
	Second Quarter 2026
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Consumer
Residential mortgage	$	236,187	$	115,760	$	111,950	$	—	$	3,050	$	5,427
Home equity	27,099		23,043		2,970		—		94		992
Credit card	103,640		100,005		3,635		—		—		—
Direct/Indirect and other consumer	116,455		53,442		63,010		—		—		3
Total consumer	483,381		292,250		181,565		—		3,144		6,422

Commercial
U.S. commercial	482,510		28,783		78,795		260,750		114,038		144
Non-U.S. commercial	164,502		—		675		84,824		78,491		512
Commercial real estate	70,280		23		9,222		51,696		9,321		18
Commercial lease financing	15,846		—		—		16,094		—		(248)
Total commercial	733,138		28,806		88,692		413,364		201,850		426
Total loans and leases	$	1,216,519	$	321,056	$	270,257	$	413,364	$	204,994	$	6,848

	First Quarter 2026
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Consumer
Residential mortgage	$	236,089	$	116,294	$	111,042	$	—	$	3,171	$	5,582
Home equity	26,884		22,837		2,912		—		97		1,038
Credit card	103,087		99,554		3,533		—		—		—
Direct/Indirect and other consumer	114,167		54,862		59,302		—		—		3
Total consumer	480,227		293,547		176,789		—		3,268		6,623

Commercial
U.S. commercial	466,097		28,593		75,618		249,606		112,145		135
Non-U.S. commercial	158,080		—		666		80,905		76,036		473
Commercial real estate	68,829		24		9,077		49,922		9,788		18
Commercial lease financing	16,295		—		—		16,555		—		(260)
Total commercial	709,301		28,617		85,361		396,988		197,969		366
Total loans and leases	$	1,189,528	$	322,164	$	262,150	$	396,988	$	201,237	$	6,989

	Second Quarter 2025
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Consumer
Residential mortgage	$	235,130	$	117,551	$	108,006	$	—	$	3,532	$	6,041
Home equity	26,190		22,173		2,698		—		149		1,170
Credit card	100,013		96,543		3,470		—		—		—
Direct/Indirect and other consumer	108,955		55,002		53,950		—		—		3
Total consumer	470,288		291,269		168,124		—		3,681		7,214

Commercial
U.S. commercial	427,194		27,850		60,531		242,431		96,262		120
Non-U.S. commercial	149,044		—		726		80,672		67,012		634
Commercial real estate	65,847		23		7,996		48,397		9,413		18
Commercial lease financing	16,080		—		—		16,364		—		(284)
Total commercial	658,165		27,873		69,253		387,864		172,687		488
Total loans and leases	$	1,128,453	$	319,142	$	237,377	$	387,864	$	176,368	$	7,702


Current-period information is preliminary and based on company data available at the time of the presentation.			24


Bank of America Corporation and Subsidiaries
Commercial Credit Exposure by Industry (1, 2, 3, 4)
(Dollars in millions)
	Commercial Utilized						Total Commercial Committed
	June 30 2026		March 31 2026		June 30 2025		June 30 2026		March 31 2026		June 30 2025
Asset managers and funds	$	158,737	$	157,305	$	133,225	$	244,645	$	242,756	$	210,455
Finance companies	92,461		95,327		87,100		129,861		130,766		119,835
Capital goods	56,536		57,647		55,105		119,644		112,724		104,108
Real estate(5)	70,197		70,282		69,699		99,742		97,921		96,793
Healthcare equipment and services	39,552		36,833		36,898		74,237		72,982		66,644
Individuals and trusts	51,250		45,685		36,754		66,984		60,264		50,167
Materials	30,374		30,743		29,640		61,528		62,554		62,004
Retailing	26,404		27,372		26,763		56,795		54,295		54,041
Consumer services	29,019		30,043		29,936		56,212		55,913		55,174
Food, beverage and tobacco	24,802		24,922		25,149		53,498		49,940		50,436
Government and public education	34,112		35,316		32,747		50,651		52,863		50,402
Commercial services and supplies	27,640		25,013		24,953		49,700		45,869		45,806
Utilities	20,560		19,604		19,280		46,788		44,913		43,748
Energy	14,425		15,544		13,771		40,347		42,721		35,790
Transportation	25,826		24,512		24,424		38,852		37,832		35,831
Media	12,303		13,868		11,343		35,445		46,086		23,854
Technology hardware and equipment	14,155		12,767		10,638		35,373		31,820		31,429
Software and services	16,308		17,555		11,326		33,089		34,947		30,458
Global commercial banks	24,268		24,815		23,509		27,074		27,790		27,339
Pharmaceuticals and biotechnology	8,397		7,359		7,301		26,820		24,615		22,150
Insurance	12,432		12,156		11,055		25,075		23,995		23,077
Vehicle dealers	19,833		19,414		18,618		25,049		25,081		24,496
Consumer durables and apparel	9,838		9,642		10,244		21,888		21,722		22,264
Telecommunication services	6,784		6,946		7,049		17,141		15,896		16,312
Automobiles and components	7,348		7,772		8,109		16,291		16,257		17,355
Food and staples retailing	5,936		5,872		6,645		11,703		11,157		12,488
Financial markets infrastructure (clearinghouses)	5,013		6,561		6,355		8,368		8,784		9,431
Religious and social organizations	2,301		2,258		2,368		4,247		4,302		4,057

Total commercial credit exposure by industry	$	846,811	$	843,133	$	780,004	$	1,477,047	$	1,456,765	$	1,345,944

(1)Includes loans and leases, standby letters of credit and financial guarantees, derivative assets, assets held-for-sale, commercial letters of credit, bankers’ acceptances, securitized assets, foreclosed properties and other collateral acquired. Derivative assets are carried at fair value, reflect the effects of legally enforceable master netting agreements and have been reduced by cash collateral of $84.0 billion, $71.8 billion and $61.6 billion at June 30, 2026, March 31, 2026 and June 30, 2025, respectively. Not reflected in utilized and committed exposure is additional non-cash derivative collateral held of $34.0 billion, $30.8 billion and $29.3 billion, which consists primarily of other marketable securities, at June 30, 2026, March 31, 2026 and June 30, 2025, respectively.

(2)Total utilized and total committed exposure includes loans of $3.2 billion, $3.6 billion and $6.6 billion and issued letters of credit with a notional amount of $64 million, $63 million and $53 million accounted for under the fair value option at June 30, 2026, March 31, 2026 and June 30, 2025, respectively. In addition, total committed exposure includes unfunded loan commitments accounted for under the fair value option with a notional amount of $3.2 billion, $2.4 billion and $2.2 billion at June 30, 2026, March 31, 2026 and June 30, 2025, respectively.

(3)Includes U.S. small business commercial exposure.

(4)Includes the notional amount of unfunded legally binding lending commitments net of amounts distributed (e.g., syndicated or participated) to other financial institutions.

(5)Industries are viewed from a variety of perspectives to best isolate the perceived risks. For purposes of this table, the real estate industry is defined based on the primary business activity of the borrowers or the counterparties using operating cash flows and primary source of repayment as key factors.


Current-period information is preliminary and based on company data available at the time of the presentation.			25


Bank of America Corporation and Subsidiaries
Nonperforming Loans, Leases and Foreclosed Properties
(Dollars in millions)
	June 30 2026			March 31 2026			December 31 2025			September 30 2025			June 30 2025
Residential mortgage	$	2,049		$	2,103		$	2,008		$	1,972		$	2,008
Home equity	371			391			392			386			393
Direct/Indirect consumer	170			186			176			173			163
Total consumer	2,590			2,680			2,576			2,531			2,564
U.S. commercial	1,674			1,488			1,404			1,131			1,277
Non-U.S. commercial	312			334			80			107			102
Commercial real estate	1,068			1,191			1,596			1,470			1,964
Commercial lease financing	62			85			97			59			35
	3,116			3,098			3,177			2,767			3,378
U.S. small business commercial	45			53			51			49			39
Total commercial	3,161			3,151			3,228			2,816			3,417
Total nonperforming loans and leases	5,751			5,831			5,804			5,347			5,981
Foreclosed properties	119			102			101			123			123
Total nonperforming loans, leases, and foreclosed properties (1, 2)	$	5,870		$	5,933		$	5,905		$	5,470		$	6,104

Fully-insured home loans past due 30 days or more and still accruing	$	420		$	458		$	450		$	439		$	419
Consumer credit card past due 30 days or more and still accruing	2,352			2,512			2,604			2,464			2,388
Other loans past due 30 days or more and still accruing	3,220			4,248			3,834			3,637			3,240
Total loans past due 30 days or more and still accruing (3, 4)	$	5,992		$	7,218		$	6,888		$	6,540		$	6,047

Fully-insured home loans past due 90 days or more and still accruing	$	219		$	240		$	207		$	201		$	196
Consumer credit card past due 90 days or more and still accruing	1,241			1,341			1,351			1,260			1,257
Other loans past due 90 days or more and still accruing	402			436			563			637			298
Total loans past due 90 days or more and still accruing (4)	$	1,862		$	2,017		$	2,121		$	2,098		$	1,751

Nonperforming loans, leases and foreclosed properties/Total assets (5)	0.17		%	0.17		%	0.17		%	0.16		%	0.18		%
Nonperforming loans, leases and foreclosed properties/Total loans, leases and foreclosed properties (5)	0.48			0.49			0.50			0.47			0.54
Nonperforming loans and leases/Total loans and leases (5)	0.47			0.49			0.49			0.46			0.52
Commercial reservable criticized utilized exposure (6)	$	22,074		$	24,339		$	24,748		$	26,332		$	27,904
Commercial reservable criticized utilized exposure/Commercial reservable utilized exposure (5)	2.89		%	3.21		%	3.37		%	3.67		%	3.98		%
Total commercial criticized utilized exposure/Commercial utilized exposure (6)	2.90			3.20			3.36			3.62			3.88

(1)Balances do not include past due consumer credit card, consumer loans secured by real estate where repayments are insured by the FHA and individually insured long-term stand-by agreements (fully-insured home loans), and in general, other consumer and commercial loans not secured by real estate.

(2)Balances do not include nonperforming loans held-for-sale of $358 million, $500 million, $517 million, $521 million and $481 million at June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025 and June 30, 2025, respectively.

(3)Balances do not include loans held-for-sale past due 30 days or more and still accruing of $16 million, $4 million, $9 million, $49 million and $27 million at June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025 and June 30, 2025, respectively.

(4)These balances are excluded from total nonperforming loans, leases and foreclosed properties.

(5)Total assets and total loans and leases do not include loans accounted for under the fair value option of $3.4 billion, $3.8 billion, $3.5 billion, $6.7 billion and $6.9 billion at June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025 and June 30, 2025, respectively.

(6)Criticized exposure corresponds to the Special Mention, Substandard and Doubtful asset categories defined by regulatory authorities. The reservable criticized exposure excludes loans held-for-sale, exposure accounted for under the fair value option and other nonreservable exposure.


Current-period information is preliminary and based on company data available at the time of the presentation.			26


Bank of America Corporation and Subsidiaries
Nonperforming Loans, Leases and Foreclosed Properties Activity (1)
(Dollars in millions)
	Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025		Second Quarter 2025
Nonperforming Consumer Loans and Leases:
Balance, beginning of period	$	2,680	$	2,576	$	2,531	$	2,564	$	2,613

Additions	305		395		294		253		264


Reductions:
Paydowns and payoffs	(135)		(118)		(103)		(137)		(132)
Sales	(87)		—		—		(1)		(1)
Returns to performing status (2)	(156)		(150)		(131)		(136)		(157)
Charge-offs (3)	(12)		(15)		(10)		(5)		(13)
Transfers to foreclosed properties	(5)		(8)		(5)		(7)		(10)

Total net additions (reductions) to nonperforming loans and leases	(90)		104		45		(33)		(49)
Total nonperforming consumer loans and leases, end of period	2,590		2,680		2,576		2,531		2,564
Foreclosed properties	97		92		90		97		94
Nonperforming consumer loans, leases and foreclosed properties, end of period	$	2,687	$	2,772	$	2,666	$	2,628	$	2,658

Nonperforming Commercial Loans and Leases (4):
Balance, beginning of period	$	3,151	$	3,228	$	2,816	$	3,417	$	3,470

Additions	680		665		883		550		1,105
Reductions:
Paydowns	(205)		(278)		(259)		(834)		(484)
Sales	(126)		(225)		(30)		(19)		(107)
Returns to performing status (5)	(71)		(2)		(5)		(12)		(219)
Charge-offs	(254)		(237)		(177)		(286)		(348)
Transfers to foreclosed properties	(14)		—		—		—		—

Total net additions (reductions) to nonperforming loans and leases	10		(77)		412		(601)		(53)
Total nonperforming commercial loans and leases, end of period	3,161		3,151		3,228		2,816		3,417
Foreclosed properties	22		10		11		26		29
Nonperforming commercial loans, leases and foreclosed properties, end of period	$	3,183	$	3,161	$	3,239	$	2,842	$	3,446

(1)For amounts excluded from nonperforming loans, leases and foreclosed properties, see footnotes to Nonperforming Loans, Leases and Foreclosed Properties table on page 26.

(2)Consumer loans and leases may be returned to performing status when all principal and interest is current and full repayment of the remaining contractual principal and interest is expected, or when the loan otherwise becomes well-secured and is in the process of collection.

(3)Our policy is not to classify consumer credit card and non-bankruptcy related consumer loans not secured by real estate as nonperforming; therefore, the charge-offs on these loans have no impact on nonperforming activity and, accordingly, are excluded from this table.

(4)Includes U.S. small business commercial activity. Small business card loans are excluded as they are not classified as nonperforming.

(5)Commercial loans and leases may be returned to performing status when all principal and interest is current and full repayment of the remaining contractual principal and interest is expected, or when the loan otherwise becomes well-secured and is in the process of collection.


Current-period information is preliminary and based on company data available at the time of the presentation.			27


Bank of America Corporation and Subsidiaries
Quarterly Net Charge-offs and Net Charge-off Ratios (1)
(Dollars in millions)
	Second Quarter 2026				First Quarter 2026				Fourth Quarter 2025				Third Quarter 2025				Second Quarter 2025
	Amount		Percent		Amount		Percent		Amount		Percent		Amount		Percent		Amount		Percent
Net Charge-offs
Residential mortgage	$	1	—	%	$	5	0.01	%	$	(2)	—	%	$	(1)	—	%	$	2	—	%
Home equity	(6)		(0.09)		(7)		(0.09)		(8)		(0.12)		(11)		(0.17)		(10)		(0.15)
Credit card	919		3.55		924		3.64		882		3.40		880		3.46		954		3.82

Direct/Indirect consumer	56		0.19		74		0.26		63		0.22		55		0.20		47		0.17
Other consumer	70		n/m		63		n/m		57		n/m		55		n/m		66		n/m
Total consumer	1,040		0.86		1,059		0.89		992		0.82		978		0.82		1,059		0.90
U.S. commercial	180		0.16		132		0.12		92		0.09		135		0.13		129		0.13
Non-U.S. commercial	53		0.13		7		0.02		24		0.06		—		—		—		—
Total commercial and industrial	233		0.15		139		0.09		116		0.08		135		0.09		129		0.09
Commercial real estate	2		0.01		56		0.33		46		0.27		120		0.72		202		1.24
Commercial lease financing	—		—		12		0.30		3		0.07		—		—		1		0.02
	235		0.13		207		0.12		165		0.10		255		0.16		332		0.21
U.S. small business commercial	137		2.35		143		2.55		130		2.29		134		2.41		134		2.48
Total commercial	372		0.20		350		0.20		295		0.17		389		0.23		466		0.29
Total net charge-offs	$	1,412	0.47		$	1,409	0.48		$	1,287	0.44		$	1,367	0.47		$	1,525	0.55

By Business Segment and All Other
Consumer Banking	$	1,183	1.48	%	$	1,208	1.52	%	$	1,133	1.39	%	$	1,122	1.39	%	$	1,200	1.51	%
Global Wealth & Investment Management	9		0.01		13		0.02		5		0.01		8		0.01		10		0.02
Global Banking	231		0.23		164		0.17		160		0.17		250		0.26		303		0.32
Global Markets	—		—		33		0.07		—		—		(1)		—		25		0.06
All Other	(11)		(0.61)		(9)		(0.58)		(11)		(0.63)		(12)		(0.61)		(13)		(0.68)
Total net charge-offs	$	1,412	0.47		$	1,409	0.48		$	1,287	0.44		$	1,367	0.47		$	1,525	0.55

(1)Net charge-off ratios are calculated as annualized net charge-offs divided by average outstanding loans and leases excluding loans accounted for under the fair value option during the period for each loan and lease category.

n/m = not meaningful


Current-period information is preliminary and based on company data available at the time of the presentation.			28


Bank of America Corporation and Subsidiaries
Year-to-Date Net Charge-offs and Net Charge-off Ratios (1)
(Dollars in millions)
	Six Months Ended June 30
	2026				2025
	Amount		Percent		Amount		Percent
Net Charge-offs
Residential mortgage	$	6	—	%	$	2	—	%
Home equity	(13)		(0.09)		(22)		(0.17)
Credit card	1,843		3.59		1,955		3.94

Direct/Indirect consumer	130		0.23		117		0.22
Other consumer	133		n/m		126		n/m
Total consumer	2,099		0.88		2,178		0.94
U.S. commercial	312		0.14		199		0.10
Non-U.S. commercial	60		0.08		7		0.01
Total commercial and industrial	372		0.12		206		0.08
Commercial real estate	58		0.17		325		1.00
Commercial lease financing	12		0.14		1		0.01
	442		0.13		532		0.17
U.S. small business commercial	280		2.45		267		2.52
Total commercial	722		0.20		799		0.25
Total net charge-offs	$	2,821	0.47		$	2,977	0.54

By Business Segment and All Other
Consumer Banking	$	2,391	1.50	%	$	2,462	1.57	%
Global Wealth & Investment Management	22		0.02		19		0.02
Global Banking	395		0.20		490		0.26
Global Markets	33		0.03		31		0.04
All Other	(20)		(0.59)		(25)		(0.65)
Total net charge-offs	$	2,821	0.47		$	2,977	0.54

(1)Net charge-off ratios are calculated as net charge-offs divided by average outstanding loans and leases excluding loans accounted for under the fair value option during the period for each loan and lease category.

n/m = not meaningful


Current-period information is preliminary and based on company data available at the time of the presentation.			29


Bank of America Corporation and Subsidiaries
Allocation of the Allowance for Credit Losses by Product Type
(Dollars in millions)
	June 30, 2026		March 31, 2026			June 30, 2025
	Amount		Percent of Loans and Leases Outstanding (1)	Amount			Percent of Loans and Leases Outstanding (1)	Amount		Percent of Loans and Leases Outstanding (1)
Allowance for loan and lease losses
Residential mortgage	$	313	0.13%	$	303		0.13%	$	290	0.12%
Home equity	128		0.47	114			0.43	56		0.21
Credit card	7,060		6.68	7,095			6.90	7,456		7.37

Direct/Indirect consumer	681		0.58	705			0.62	712		0.65
Other consumer	64		n/m	54			n/m	64		n/m
Total consumer	8,246		1.69	8,271			1.72	8,578		1.82
U.S. commercial (2)	3,035		0.63	3,051			0.64	2,816		0.64
Non-U.S. commercial	868		0.54	837			0.52	773		0.52
Commercial real estate	908		1.28	939			1.35	1,082		1.65
Commercial lease financing	57		0.37	50			0.32	42		0.27
Total commercial	4,868		0.67	4,877			0.68	4,713		0.71
Allowance for loan and lease losses	13,114		1.08	13,148			1.09	13,291		1.17


Reserve for unfunded lending commitments	1,150			1,161				1,143
Allowance for credit losses	$	14,264		$	14,309			$	14,434

Asset Quality Indicators

Allowance for loan and lease losses/Total loans and leases (1)			1.08%				1.09%			1.17%

Allowance for loan and lease losses/Total nonperforming loans and leases			228				225			222

Ratio of the allowance for loan and lease losses/Annualized net charge-offs			2.32				2.30			2.17

(1)Ratios are calculated as allowance for loan and lease losses as a percentage of loans and leases outstanding excluding loans accounted for under the fair value option. For fair value option amounts, see Outstanding Loans and Leases and related footnotes on page 23.

(2)Includes allowance for loan and lease losses for U.S. small business commercial loans of $1.4 billion, $1.4 billion and $1.3 billion at June 30, 2026, March 31, 2026 and June 30, 2025, respectively.

n/m = not meaningful


Current-period information is preliminary and based on company data available at the time of the presentation.			30

Exhibit A: Non-GAAP Reconciliations

Bank of America Corporation and Subsidiaries

Reconciliations to GAAP Financial Measures

(Dollars in millions, except per share information)

The Corporation evaluates its business using certain non-GAAP financial measures, including pretax, pre-provision income and ratios that utilize tangible equity and tangible assets, each of which is a non-GAAP financial measure. Tangible equity represents shareholders’ equity or common shareholders’ equity reduced by goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities ("adjusted" shareholders' equity or common shareholders’ equity). Return on average tangible common shareholders’ equity measures the Corporation’s net income applicable to common shareholders as a percentage of adjusted average common shareholders’ equity. The tangible common equity ratio represents adjusted ending common shareholders’ equity divided by total tangible assets (total assets less goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities). Return on average tangible shareholders’ equity measures the Corporation’s net income as a percentage of adjusted average total shareholders’ equity. The tangible equity ratio represents adjusted ending shareholders’ equity divided by total tangible assets. Tangible book value per common share represents adjusted ending common shareholders’ equity divided by ending common shares outstanding. These measures are used to evaluate the Corporation’s use of equity. In addition, profitability, relationship and investment models all use return on average tangible shareholders’ equity as key measures to support our overall growth goals.

See the tables below for reconciliations of these non-GAAP financial measures to the most directly comparable financial measures defined by GAAP for the six months ended June 30, 2026 and 2025 and the three months ended June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025 and June 30, 2025. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in understanding its results of operations and trends. Other companies may define or calculate these non-GAAP financial measures differently.


	Six Months Ended June 30				Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025		Second Quarter 2025
	2026		2025





























Reconciliation of income before income taxes to pretax, pre-provision income
Income before income taxes	$	21,969	$	17,665	$	11,565	$	10,404	$	9,622	$	10,408	$	8,668
Provision for credit losses	2,703		3,072		1,366		1,337		1,308		1,295		1,592
Pretax, pre-provision income	$	24,672	$	20,737	$	12,931	$	11,741	$	10,930	$	11,703	$	10,260

Reconciliation of average shareholders’ equity to average tangible shareholders’ equity and average tangible common shareholders’ equity
Shareholders’ equity	$	301,738	$	294,761	$	300,984	$	302,501	$	303,873	$	300,381	$	295,329
Goodwill	(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)
Intangible assets (excluding mortgage servicing rights)	(1,824)		(1,902)		(1,815)		(1,834)		(1,853)		(1,873)		(1,893)
Related deferred tax liabilities	823		848		820		825		827		839		846
Tangible shareholders’ equity	$	231,716	$	224,686	$	230,968	$	232,471	$	233,826	$	230,326	$	225,261
Preferred stock	(25,370)		(22,440)		(24,996)		(25,748)		(25,992)		(25,232)		(22,573)
Tangible common shareholders’ equity	$	206,346	$	202,246	$	205,972	$	206,723	$	207,834	$	205,094	$	202,688








Reconciliation of period-end shareholders’ equity to period-end tangible shareholders’ equity and period-end tangible common shareholders’ equity
Shareholders’ equity	$	301,094	$	298,021	$	301,094	$	300,668	$	303,243	$	302,437	$	298,021
Goodwill	(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)
Intangible assets (excluding mortgage servicing rights)	(1,803)		(1,880)		(1,803)		(1,821)		(1,841)		(1,860)		(1,880)
Related deferred tax liabilities	816		842		816		821		825		828		842
Tangible shareholders’ equity	$	231,086	$	227,962	$	231,086	$	230,647	$	233,206	$	232,384	$	227,962
Preferred stock	(24,996)		(23,495)		(24,996)		(24,996)		(25,992)		(25,992)		(23,495)
Tangible common shareholders’ equity	$	206,090	$	204,467	$	206,090	$	205,651	$	207,214	$	206,392	$	204,467

Reconciliation of period-end assets to period-end tangible assets
Assets	$	3,498,956	$	3,440,798	$	3,498,956	$	3,496,186	$	3,411,738	$	3,403,149	$	3,440,798
Goodwill	(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)
Intangible assets (excluding mortgage servicing rights)	(1,803)		(1,880)		(1,803)		(1,821)		(1,841)		(1,860)		(1,880)
Related deferred tax liabilities	816		842		816		821		825		828		842
Tangible assets	$	3,428,948	$	3,370,739	$	3,428,948	$	3,426,165	$	3,341,701	$	3,333,096	$	3,370,739

Book value per share of common stock
Common shareholders’ equity	$	276,098	$	274,526	$	276,098	$	275,672	$	277,251	$	276,445	$	274,526
Ending common shares issued and outstanding	7,018.0		7,436.7		7,018.0		7,129.9		7,212.5		7,329.4		7,436.7
Book value per share of common stock	$	39.34	$	36.92	$	39.34	$	38.66	$	38.44	$	37.72	$	36.92

Tangible book value per share of common stock
Tangible common shareholders’ equity	$	206,090	$	204,467	$	206,090	$	205,651	$	207,214	$	206,392	$	204,467
Ending common shares issued and outstanding	7,018.0		7,436.7		7,018.0		7,129.9		7,212.5		7,329.4		7,436.7
Tangible book value per share of common stock	$	29.37	$	27.49	$	29.37	$	28.84	$	28.73	$	28.16	$	27.49


Current-period information is preliminary and based on company data available at the time of the presentation.			31