バンカメの適時開示・決算・その他

As filed with the Securities and Exchange Commission on October 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):

October 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 October 14, 2026, Bank of America Corporation (the “Corporation”) announced financial results for the third quarter ended September 30, 2026, reporting third quarter net income of $6.9 billion, or $0.91 per diluted share. A copy of the press release announcing the Corporation’s results for the third quarter ended September 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 October 14, 2026, the Corporation will hold an investor conference call and webcast to discuss financial results for the third quarter ended September 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 third quarter ended September 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: October 14, 2026

EX-99.1 2 bac09302026ex991.htm THE PRESS RELEASE bac09302026ex991

1 3Q26 Financial Highlights3(C) 3Q26 Business Segment Highlights1,3,4(C) Consumer Banking • Net income of $3.5 billion • Revenue of $11.6 billion, up 4% • Average deposits of $949 billion, up $1 billion, were modestly higher and up 32% from pre-pandemic levels (4Q19); #1 in U.S. Consumer Deposits5 • Average loans and leases of $321 billion, up $1 billion, were modestly higher; average credit card loans of $106 billion, up 5% • #1 Small Business Lender for 21 consecutive quarters5 • Combined credit / debit card spend of $266 billion, up 8% • Client Highlights – Added 200K+ net new consumer checking accounts; completed 31 consecutive quarters of net growth – 38.9 million consumer checking accounts; 92% are primary6 – 4.1 million small business checking accounts – $664 billion in consumer investment assets, up 14%7 – $1.2 trillion in payments, up 4%8 – 17.6 million clients enrolled in BofA Rewards; ~4 million new enrollments in 3Q269 – 4.2 billion digital logins; 71% of total sales were digitally-enabled Global Wealth and Investment Management • Net income of $1.5 billion • Revenue of $7.1 billion, up 13%, driven by higher asset management fees, up 16% to $4.5 billion, reflecting higher market valuations, strong assets under management (AUM) flows and higher NII • Client balances of $5.1 trillion, up 9%, driven by higher market valuations and strong AUM flows • Average loans and leases of $279 billion, up $33 billion, or 13% • Client Highlights – $2.4 trillion of AUM balances, up 12% – Added ~5K 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 $1.8 billion, down 11% • $669 billion in average deposits, up 6% • Average loans and leases increased 8%, with growth across corporate, commercial and business banking • 10% improvement in treasury service charges Global Markets • Net income of $1.2 billion • Sales and trading revenue of $5.1 billion, incl. net debit valuation adjustment (DVA) gains of $20 million. Down 5% incl. and excl. net DVA(F) – Fixed Income, Currencies and Commodities (FICC) revenue down 17% to $2.6 billion. $2.5 billion excl. net DVA(F) – Equities revenue up 11% to $2.5 billion. Excl. net DVA, up 10%(F) From Chair and CEO Brian Moynihan: The team delivered organic growth, deepening client relationships and adding new ones. While investment banking and sales and trading revenues were lower, commercial lending grew in every client segment. Our momentum, reflected in growth in client deposits, wealth flows and consumer activity, supported solid earnings, balance-sheet growth and long-term shareholder value. Moynihan added: Our disciplined investments in AI are helping teammates serve clients better, work faster and manage risk more effectively. With more than 200,000 teammates using AI tools and 300-plus approved use cases across the company, we are turning our scale into a competitive advantage. Bank of America Reports 3Q26 Net Income of $6.9 Billion; EPS of $0.91 3Q26 Revenue Up 3% YoY to $30.0 Billion,1 Net Interest Income Up 8% YoY to $16.4 Billion ($16.6 Billion FTE)(A) Results Include a Regulatory Settlement Charge of $1.2 Billion, or $0.17 Per Share 3Q26 Adjusted Net Income of $8.1 Billion, Adjusted EPS of $1.082(B) See page 10 for endnotes. Amounts may not total due to rounding. 1 Revenue, net of interest expense. 2 Adjusted net income, adjusted EPS, adjusted noninterest expense, adjusted efficiency ratio, adjusted ROE, adjusted ROTCE and adjusted ROA represent non-GAAP financial measures. For more information and a reconciliation to the most directly comparable GAAP financial measures, see Endnote B on page 10. 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, 2Q26. 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 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 September 30, 2026, is preliminary and includes clients in Consumer and GWIM. 10 Return on average tangible common shareholders’ equity ratio represents a non-GAAP financial measure. For more information, see page 19. 11 Tangible book value per common share represents a non-GAAP financial measure. For more information, see page 19. • Net income of $6.9 billion or diluted earnings per share (EPS) of $0.91 compared to $8.3 billion or EPS of $1.04 – Excluding the regulatory settlement charge, adjusted net income of $8.1 billion or adjusted EPS of $1.082 • Revenue, net of interest expense, of $30.0 billion ($30.1 billion FTE),(A) up 3%, reflected higher net interest income (NII) and asset management fees, as well as lower sales and trading revenue and investment banking fees – NII of $16.4 billion ($16.6 billion FTE),(A) up 8%, driven primarily by higher loan and deposit balances, higher NII related to Global Markets activity and fixed-rate asset repricing – Net interest yield (FTE) of 2.16% increased 15 bps • Provision for credit losses of $1.3 billion was relatively flat to 3Q25 and decreased from $1.4 billion in 2Q26 – Net charge-offs of $1.3 billion decreased from $1.4 billion in 3Q25 and 2Q26 • Noninterest expense of $19.7 billion increased $2.4 billion. Efficiency ratio of 66% – Excluding the regulatory settlement charge, adjusted noninterest expense of $18.5 billion.2 Adjusted efficiency ratio of 62%2 • Return on average common shareholders' equity ratio (ROE) of 9.4%; return on average tangible common shareholders' equity ratio (ROTCE) of 12.6%;10 return on average assets (ROA) of 0.79% – Excluding the regulatory settlement charge, adjusted ROE of 11.1%; adjusted ROTCE of 14.9%; adjusted ROA of 0.93%2 • Balance Sheet Remained Strong – Average deposit balances of $2.02 trillion increased 2% – Average loans and leases of $1.23 trillion increased 6%, with growth across every business segment; 10th consecutive quarter of sequential average growth – Average Global Liquidity Sources of $914 billion(D) – Common equity tier 1 (CET1) capital of $198 billion decreased $3.2 billion from 2Q26 – CET1 ratio of 10.9% (Standardized);(E) well above the regulatory minimum – Returned $8.3 billion to shareholders ($2.2 billion through common stock dividends and $6.0 billion in common stock repurchases) • Book value per common share rose 4% to $39.26; tangible book value per common share rose 3% to $29.1411

2 Net Interest Income (FTE) $15.4 $15.9 $15.9 $16.2 $16.6 $15.2 $15.8 $15.7 $16.0 $16.4 Net interest income (GAAP) FTE adjustment 3Q25 4Q25 1Q26 2Q26 3Q26 Ending Loans and Leases $1,166 $1,186 $1,205 $1,218 $1,251 3Q25 4Q25 1Q26 2Q26 3Q26 Spotlight on Loans and Net Interest Income ($B) (A) From Executive Vice President and CFO Alastair Borthwick: We saw healthy activity from our consumer, wealth management, business and commercial clients. Organic growth helped drive higher revenue and solid earnings. Net interest income grew 8% from last year, supported by continued year-over-year and sequential improvement in net interest yield, while asset management fees rose 17%. Asset quality continued to improve and liquidity and capital remained strong. This helped enable us to invest for growth and return $8.3 billion to shareholders through common stock dividends and share repurchases. Bank of America Financial Highlights 3Q26 3Q25 ($ in billions, except per share data) Reported Regulatory Settlement Charge Adjusted1 Reported Total revenue, net of interest expense $30.0 $— $30.0 $29.0 Provision for credit losses 1.3 — 1.3 1.3 Noninterest expense 19.7 1.2 18.5 17.3 Pretax income 9.0 (1.2) 10.2 10.4 Pretax, pre-provision income2(G) 10.2 (1.2) 11.4 11.7 Income tax expense 2.0 — 2.0 2.1 Net income 6.9 (1.2) 8.1 8.3 Diluted earnings per share $0.91 ($0.17) $1.08 $1.04 Return on average assets 0.79 % 0.93 % 0.96 % Return on average common shareholders’ equity 9.4 11.1 11.4 Return on average tangible common shareholders’ equity2 12.6 14.9 15.3 Efficiency ratio 66 62 60 1 Amounts in this column (other than total revenue, net of interest expense, provision for credit losses, and income tax expense) are adjusted for the regulatory settlement charge. Adjusted amounts represent non-GAAP financial measures. For additional information and a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, see Endnote B on page 10. 2 Pretax, pre-provision income and return on average tangible common shareholders’ equity represent non-GAAP financial measures. For more information, see page 19.

3 Consumer Banking1(C) Financial Results Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Total revenue2 $11,572 $11,336 $11,166 Provision for credit losses 1,045 1,160 1,009 Noninterest expense 5,833 5,801 5,575 Pretax income 4,694 4,375 4,582 Income tax expense 1,173 1,094 1,145 Net income $3,521 $3,281 $3,437 Business Highlights(C) Three months ended ($ in billions) 9/30/2026 6/30/2026 9/30/2025 Average deposits $948.6 $957.0 $947.4 Average loans and leases 321.0 321.1 320.3 Consumer investment assets5 664.4 639.5 580.4 Active mobile banking users (MM) 42.6 42.1 41.3 Number of financial centers 3,531 3,530 3,649 Efficiency ratio 50 % 51 % 50 % Return on average allocated capital 31 29 31 Total Consumer Credit Card3 Average credit card outstanding balances $105.8 $103.6 $101.0 Total credit / debit spend 265.7 266.1 245.2 Risk-adjusted margin 6.7 % 6.5 % 7.5 % • Net income of $3.5 billion • Revenue of $11.6 billion,2 up 4%, driven primarily by higher NII • Provision for credit losses of $1.0 billion, up 4% – Net reserve release of $94 million vs. $113 million(H) – Net charge-offs of $1.1 billion were relatively flat • Noninterest expense of $5.8 billion increased 5%, driven by investments in technology and brand – Efficiency ratio of 50% • Return on average allocated capital of 31% Business Highlights1,3(C) • Average deposits of $949 billion were modestly higher – 59% of deposits in checking accounts; 92% are primary4 • Average loans and leases of $321 billion were modestly higher – Average credit card loans of $106 billion, up 5% • Combined credit / debit card spend of $266 billion increased 8% • Consumer investment assets of $664 billion, up 14%,5 driven by higher market valuations and $18 billion of net client flows from new and existing clients • 17.6 million clients enrolled in BofA Rewards; ~4 million new enrollments in 3Q266 Strong Digital Usage Continued in the Quarter1 • 80% of households actively using digital platforms7 • 50 million active digital banking users, up 1.2 million • 2.3 million digitally-enabled sales, representing 71% of total sales • 4.2 billion digital logins • 25.7 million active Zelle® users, up 4%; sent and received 500 million transactions worth $164 billion, up 9% and 15%, respectively8 • 24.2 million active Erica® users, up 18%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 include 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 September 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 August 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(C) Financial Results Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Total revenue2 $7,118 $6,871 $6,312 Provision for credit losses 17 11 4 Noninterest expense 5,048 4,976 4,622 Pretax income 2,053 1,884 1,686 Income tax expense 513 471 421 Net income $1,540 $1,413 $1,265 Business Highlights(C) Three months ended ($ in billions) 9/30/2026 6/30/2026 9/30/2025 Average deposits $278.9 $281.6 $276.5 Average loans and leases 278.6 270.3 245.5 Total client balances (EOP) 5,056.8 4,934.4 4,640.8 AUM flows 20.0 13.7 23.5 Pretax margin 29 % 27 % 27 % Return on average allocated capital 28 26 26 Continued Business Leadership • 19 Merrill advisors on Barron's 2026 Top 100 Women Financial 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 Outsourcing Manager of Endowment and Foundation Assets(f) • Merrill Recognized by WealthManagement.com for Practice Management(g) See page 11 for Business Leadership sources. • Net income of $1.5 billion • Revenue of $7.1 billion,2 up 13%. The increase was driven by higher asset management fees, up 16% to $4.5 billion, reflecting higher market valuations, strong AUM flows and higher NII • Noninterest expense of $5.0 billion increased 9%, driven primarily by revenue-related incentives – Pretax margin improved to 29% • Return on average allocated capital of 28% Business Highlights1(C) • $5.1 trillion in client balances, up 9%, driven by higher market valuations and strong AUM flows – AUM flows of $20 billion; $74 billion since 3Q25 • Average deposits of $279 billion increased 1% • Average loans and leases of $279 billion increased 13% Merrill Wealth Management Highlights Client Engagement • $4.2 trillion in client balances(C) • $1.9 trillion in AUM balances(C) • ~4.2K net new $500K+ households added in 3Q26 • 70K digital appointments scheduled in the quarter Strong Digital Usage Continued in the Quarter3 • 87% of Merrill households digitally active4 – 67% of Merrill households are active on mobile • 86% of households enrolled in eDelivery5 • 76% of eligible checks deposited through automated channels6 • 81% of eligible brokerage and bank accounts opened through digital onboarding Bank of America Private Bank Highlights Client Engagement • $816 billion in client balances(C) • $488 billion in AUM balances(C) • ~470 net new relationships added in 3Q26 with $3MM+ clients Strong Digital Usage Continued in the Quarter3 • 93% of relationships digitally active4 – 78% of relationships are active on mobile • 53% of eligible relationships enrolled in eDelivery5 • 78% of eligible checks deposited through automated channels6 • 56% of eligible investment, trust and banking accounts opened through digital onboarding 1 Comparisons are to the year-ago quarter unless noted. 2 Revenue, net of interest expense. 3 Merrill includes households with $250K+ in investible assets, excluding stock plan and banking-only households. Private Bank includes relationships with $3MM+ in total balances: includes third-party activity and excludes irrevocable trust only, institutional philanthropic and exiting relationships. Private Bank as of August 2026. 4 Percentage of relationships with login activities in a 90-day period. 5 Percentage of relationships receiving statements electronically. Merrill excludes households with only retirement or 529 accounts. 6 Includes mobile check deposits, remote deposit operations and automated teller machine transactions.

5 Global Banking1,2(C) Financial Results Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Total revenue2,3 $6,205 $6,236 $6,189 Provision for credit losses 210 215 269 Noninterest expense 3,250 3,199 3,044 Pretax income 2,745 2,822 2,876 Income tax expense 755 776 791 Net income $1,990 $2,046 $2,085 Business Highlights2(C) Three months ended ($ in billions) 9/30/2026 6/30/2026 9/30/2025 Average deposits $668.6 $651.9 $631.6 Average loans and leases 418.9 413.4 388.5 Total Corporation investment banking (IB) fees (excl. self- led) 1.8 2.1 2.0 Global Banking IB fees 1.0 1.2 1.2 Business Lending revenue 2.2 2.1 2.2 Global Transaction Services revenue 3.0 2.9 2.7 Efficiency ratio 52 % 51 % 49 % Return on average allocated capital 15 15 16 • Net income of $2.0 billion • Revenue of $6.2 billion3 was relatively flat, as higher NII and treasury service charges were offset by lower investment banking fees • Provision for credit losses of $210 million vs. $269 million – Net charge-offs of $209 million decreased $41 million – Net reserve build of $1 million vs. $19 million(H) • Noninterest expense of $3.3 billion increased 7%, driven by investments in the business, including people and technology – Efficiency ratio of 52% • Return on average allocated capital of 15% Business Highlights1,2(C) • Total Corporation investment banking fees (excl. self-led) of $1.8 billion decreased 11% • $669 billion in average deposits increased 6% • $419 billion in average loans and leases increased 8% Strong Digital Usage Continued in the Quarter1 • 86% of relationship clients digitally active4 • 3.0 million total mobile sign-ins, up 22%5 • $358 billion CashPro® App Payments, up 20% • 41.1K interactions with CashPro® Chat, supported by Erica® technology Continued Business Leadership • No. 1 in Overall Leadership in Digital Channels (tied), fourth consecutive year(h) • North America’s Most Innovative Bank(c) • World’s Best Bank for Small to Medium-sized Enterprises(i) • Best Solution Innovation in AI(j) • Best Global Bank for Transaction Banking(c) • Best Global Supply Chain Finance Bank(k) • Share Leader and Best Bank Award for U.S. Corporate Banking & Cash Management(l) • Relationships with 78% of the Global Fortune 500; 96% of the U.S. Fortune 1,000 (2026) 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 August 2026. 5 Includes CashPro, BA360, and Global Card Access. BA360 as of August 2026.

6 Global Markets1,2,3(C) Financial Results Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Total revenue2,3 $5,867 $8,022 $6,225 Net DVA 20 (57) 14 Total revenue (excl. net DVA)2,3,4 $5,847 $8,079 $6,211 Provision (benefit) for credit losses 3 (11) 9 Noninterest expense 4,195 4,484 3,895 Pretax income 1,669 3,549 2,321 Income tax expense 434 923 673 Net income $1,235 $2,626 $1,648 Net income (excl. net DVA)4 $1,220 $2,669 $1,637 Business Highlights2(C) Three months ended ($ in billions) 9/30/2026 6/30/2026 9/30/2025 Average total assets $1,091.8 $1,120.5 $1,024.3 Average trading-related assets 729.3 746.9 676.6 Average loans and leases 200.6 205.0 191.0 Sales and trading revenue 5.1 7.1 5.4 Sales and trading revenue (excl. net DVA)4 5.1 7.2 5.3 Global Markets IB fees 0.8 1.0 0.8 Efficiency ratio 72 % 56 % 63 % Return on average allocated capital 9 20 13 • Net income of $1.2 billion (incl. and excl. net DVA)4 • Revenue of $5.9 billion decreased 6%, driven by lower sales and trading revenue and investment banking fees • Noninterest expense of $4.2 billion increased 8%, driven by higher revenue-related expenses and investments in the business, including people and technology – Efficiency ratio of 72% • Return on average allocated capital of 9% • Average VaR of $51 million5 Business Highlights1,2,3,4(C) • Sales and trading revenue of $5.1 billion decreased 5% (incl. and excl. net DVA)4 – FICC revenue decreased 17% to $2.6 billion ($2.5 billion excl. net DVA),4 driven primarily by mortgages, municipals and credit – Equities revenue increased 11% to $2.5 billion (excl. net DVA, up 10%),4 driven by increased client financing activity, particularly in Asia and the U.S. 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(m) • CLO Bank of the Year(m) • Securitization Bank of the Year(m) • Commodity Derivatives House of the Year(n) • Europe & Asia FX Derivatives House of the Year(m) • Best Equities Trading Desk(o) • Best House, Interest Rates(p) • 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 F 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 $51MM, $49MM and $66MM for 3Q26, 2Q26 and 3Q25, respectively.

7 All Other1 Financial Results Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Total revenue2 ($643) ($744) ($698) Provision (benefit) for credit losses (6) (9) 4 Noninterest expense 1,396 167 201 Pretax loss (2,033) (902) (903) Income tax expense (benefit) (680) (610) (800) Net income (loss) ($1,353) ($292) ($103) 1 Comparisons are to the year-ago quarter unless noted. 2 Revenue, net of interest expense. 3 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP measure, see Endnote B on page 10. 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 $1.4 billion included a non-tax-deductible regulatory settlement charge of $1.2 billion • The Corporation’s effective tax rate (ETR) for the quarter was approximately 23% – Excluding the non-tax-deductible regulatory settlement charge, the adjusted ETR was approximately 20%3

8 Credit Quality1 Highlights Three months ended ($ in millions) 9/30/2026 6/30/2026 9/30/2025 Provision for credit losses $1,269 $1,366 $1,295 Net charge-offs 1,349 1,412 1,367 Net charge-off ratio2 0.44 % 0.47 % 0.47 % At period-end Nonperforming loans and leases $5,544 $5,751 $5,347 Nonperforming loans and leases ratio 0.44 % 0.47 % 0.46 % Allowance for credit losses 14,184 14,264 14,361 Allowance for loan and lease losses 13,005 13,114 13,252 Allowance for loan and lease losses ratio3 1.04 % 1.08 % 1.14 % 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 $1.3 billion decreased $18 million from 3Q25 and $63 million from 2Q26 – Consumer net charge-offs of $997 million were relatively flat to 3Q25 and decreased $43 million from 2Q26 – Credit card charge-off rate of 3.22% vs. 3.46% in 3Q25 and 3.55% in 2Q26 ▪ Both early- and late-stage credit card delinquency rates improved for the sixth consecutive quarter on a year-over-year basis – Commercial net charge-offs of $352 million decreased $37 million from 3Q25 and $20 million from 2Q26 • Net charge-off ratio2 of 0.44% decreased 3 bps vs. 3Q25 and 2Q26 Provision for credit losses • Provision for credit losses of $1.3 billion was relatively flat to 3Q25 and decreased $97 million from 2Q26 – Net reserve release of $80 million vs. $72 million in 3Q25 and $46 million in 2Q26(H) Allowance for credit losses • Allowance for loan and lease losses of $13.0 billion represented 1.04% of total loans and leases3 – Allowance for credit losses of $14.2 billion included $1.2 billion for unfunded commitments • Nonperforming loans and leases of $5.5 billion increased $197 million from 3Q25 and decreased $207 million from 2Q26 • Commercial reservable criticized utilized exposure of $19.9 billion decreased $6.4 billion from 3Q25 and $2.2 billion from 2Q26

9 Balance Sheet, Liquidity, and Capital Highlights ($ in billions except per share data, end of period, unless otherwise noted)(C) Three months ended 9/30/2026 6/30/2026 9/30/2025 Ending Balance Sheet Total assets $3,427.7 $3,499.2 $3,403.1 Total loans and leases 1,251.3 1,217.6 1,165.9 Total loans and leases in business segments (excluding All Other) 1,244.1 1,210.2 1,158.5 Total deposits 2,038.8 2,025.1 2,002.2 Average Balance Sheet Average total assets $3,471.9 $3,531.6 $3,433.4 Average loans and leases 1,226.0 1,216.5 1,153.0 Average deposits 2,022.1 2,023.0 1,991.4 Funding and Liquidity Long-term debt $318.7 $339.9 $311.5 Global Liquidity Sources, average(D) 914 947 961 Equity Common shareholders’ equity $271.8 $276.1 $276.4 Common equity ratio 7.9 % 7.9 % 8.1 % Tangible common shareholders’ equity1 $201.8 $206.1 $206.4 Tangible common equity ratio1 6.0 % 6.0 % 6.2 % Per Share Data Common shares outstanding (in billions) 6.92 7.02 7.33 Book value per common share $39.26 $39.34 $37.72 Tangible book value per common share1 29.14 29.37 28.16 Regulatory Capital2(E) CET1 capital $198.4 $201.6 $202.9 Standardized approach Risk-weighted assets $1,824 $1,792 $1,751 CET1 ratio 10.9 % 11.2 % 11.6 % Advanced approaches Risk-weighted assets $1,650 $1,613 $1,546 CET1 ratio 12.0 % 12.5 % 13.1 % Supplementary leverage Supplementary leverage ratio (SLR) 5.5 % 5.5 % 5.8 % 1 Represents a non-GAAP financial measure. For reconciliations to the most directly comparable 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 3Q25.

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 $16.6 billion, $16.2 billion, $15.9 billion, $15.9 billion and $15.4 billion for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively. Revenue, net of interest expense, on an FTE basis, was $30.1 billion, $31.7 billion and $29.2 billion for the three months ended September 30, 2026, June 30, 2026 and September 30, 2025, respectively. The FTE adjustment was $161 million, $163 million, $162 million, $165 million and $154 million for the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively. B On October 13, 2026, the Office of the Comptroller of the Currency and the Financial Crime Enforcement Network (FinCEN) announced that the Corporation consented to orders related to certain aspects of its U.S. Bank Secrecy Act and Anti-Money Laundering and Economic Sanctions Compliance Programs. As a result, for 3Q26, the Corporation recorded non-tax-deductible noninterest expense of $1.2B to accrue for the civil money penalties resulting from the regulatory consent orders (Regulatory Settlement Charge). The Corporation believes that the presentation of the following non-GAAP financial measures, which exclude the impact of the Regulatory Settlement Charge (labeled as “3Q26 Adjusted” in the table below), provides useful information to investors because management uses them, together with GAAP results, to assess the Corporation's operating performance. Management believes these measures provide additional insight into underlying business performance and operating trends and facilitate period-to-period comparisons. These measures should be considered in addition to, and not as a substitute for, the most directly comparable GAAP financial measures. C 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. D 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. E Regulatory capital ratios at September 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 Total capital ratio under the Standardized approach at September 30, 2026 and September 30, 2025 and the Tier 1 capital ratio under the Standardized approach at June 30, 2026. F 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) 9/30/2026 6/30/2026 9/30/2025 Sales and trading revenue Fixed-income, currencies and commodities $ 2,565 $ 3,476 $ 3,092 Equities 2,510 3,622 2,270 Total sales and trading revenue $ 5,075 $ 7,098 $ 5,362 Sales and trading revenue, excluding net debit valuation adjustment1 Fixed-income, currencies and commodities $ 2,548 $ 3,536 $ 3,078 Equities 2,507 3,619 2,270 Total sales and trading revenue, excluding net debit valuation adjustment $ 5,055 $ 7,155 $ 5,348 G 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 the most directly comparable GAAP financial measures, see page 19. H 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 September 30, 2026, June 30, 2026 and September 30, 2025, net DVA gains (losses) were $20 million, ($57) million and $14 million, FICC net DVA gains (losses) were $17 million, ($60) million and $14 million, and Equities net DVA gains (losses) were $3 million, $3 million and $0 million, respectively. 1 Calculated as net income applicable to common shareholders divided by average diluted common shares of 7.2 billion. 2 Calculated as net income divided by average assets of $3.5 trillion. 3 Calculated as net income applicable to common shareholders divided by average common shareholders’ equity of $276 billion. 4 Calculated as net income applicable to common shareholders divided by average tangible common shareholders’ equity of $206 billion. Return on average tangible common shareholders’ equity and average tangible common shareholders’ equity represent non-GAAP financial measures. For reconciliations to the most directly comparable GAAP financial measures, see page 19. 5 Calculated as noninterest expense divided by revenue, net of interest expense, of $30.0 billion. 6 Calculated as income tax expense of $2.0 billion divided by pretax income. Reconciliation (in billions, except per share data) 3Q26 Reported Regulatory Settlement Charge 3Q26 Adjusted Noninterest expense $19.7 $1.2 $18.5 Pretax income 9.0 (1.2) 10.2 Pretax, pre-provision income(G) 10.2 (1.2) 11.4 Net income 6.9 (1.2) 8.1 Net income applicable to common shareholders 6.5 (1.2) 7.7 Diluted earnings per share1 $0.91 ($0.17) $1.08 Return on average assets2 0.79 % (14) bps 0.93 % Return on average common shareholders’ equity3 9.4 (173) bps 11.1 Return on average tangible common shareholders’ equity4 12.6 (231) bps 14.9 Efficiency ratio5 66 401 bps 62 Effective tax rate6 23 267 bps 20

11 (a) FFIEC Call Reports, 2Q26. (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) P&I Research Center, 2026. (g) WealthManagement.com,* 2026. (h) Coalition Greenwich Digital Transformation Benchmarking Program, 2025. (i) Euromoney, 2026. (j) Treasury Management International, 2026. (k) Asian Banker, 2026. (l) Coalition Greenwich, 2026. (m) GlobalCapital, 2026. (n) IFR, 2025. (o) Global Markets Choice Awards, 2026. (p) SRP Americas Awards, 2026. (q) LSEG-Refinitiv, 2026 YTD. (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 third- 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 October 14 through 11:59 p.m. ET on October 23. 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 more than 69 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, net interest yield, 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, including related to the adequacy of the Corporation's anti- money laundering and economic sanctions programs (including the consent orders associated therewith) and 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, 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 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, profitability 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) Nine Months Ended September 30 Third Quarter 2026 Second Quarter 2026 Third Quarter 2025Summary Income Statement 2026 2025 Net interest income $ 48,191 $ 44,346 $ 16,449 $ 15,997 $ 15,233 Noninterest income 43,597 40,384 13,509 15,561 13,807 Total revenue, net of interest expense 91,788 84,730 29,958 31,558 29,040 Provision for credit losses 3,972 4,367 1,269 1,366 1,295 Noninterest expense 56,880 52,290 19,722 18,627 17,337 Income before income taxes 30,936 28,073 8,967 11,565 10,408 Income tax expense 6,345 5,211 2,034 2,491 2,076 Net income $ 24,591 $ 22,862 $ 6,933 $ 9,074 $ 8,332 Preferred stock dividends 1,147 1,126 392 326 429 Net income applicable to common shareholders $ 23,444 $ 21,736 $ 6,541 $ 8,748 $ 7,903 Average common shares issued and outstanding 7,152.7 7,574.5 7,052.5 7,151.2 7,466.0 Average diluted common shares issued and outstanding 7,312.5 7,724.7 7,222.2 7,294.2 7,627.1 Summary Average Balance Sheet Total cash and cash equivalents $ 269,329 $ 294,819 $ 256,773 $ 281,356 $ 289,196 Total debt securities 885,403 929,833 861,088 880,724 932,588 Total loans and leases 1,210,822 1,125,293 1,226,018 1,216,519 1,153,035 Total earning assets 3,088,203 3,019,348 3,058,359 3,106,726 3,040,188 Total assets 3,505,158 3,404,555 3,471,861 3,531,568 3,433,447 Total deposits 2,020,672 1,974,630 2,022,083 2,022,950 1,991,434 Common shareholders’ equity 276,205 273,274 275,885 275,988 275,149 Total shareholders’ equity 301,449 296,655 300,881 300,984 300,381 Performance Ratios Return on average assets 0.94 % 0.90 % 0.79 % 1.03 % 0.96 % Return on average common shareholders’ equity 11.35 10.63 9.41 12.71 11.40 Return on average tangible common shareholders’ equity (1) 15.20 14.30 12.60 17.03 15.29 Per Common Share Information Earnings $ 3.28 $ 2.87 $ 0.93 $ 1.22 $ 1.06 Diluted earnings 3.23 2.84 0.91 1.21 1.04 Dividends paid 0.88 0.80 0.32 0.28 0.28 Book value 39.26 37.72 39.26 39.34 37.72 Tangible book value (1) 29.14 28.16 29.14 29.37 28.16 Summary Period-End Balance Sheet September 30 2026 June 30 2026 September 30 2025 Total cash and cash equivalents $ 249,643 $ 229,745 $ 246,507 Total debt securities 842,034 869,218 936,050 Total loans and leases 1,251,260 1,217,619 1,165,900 Total earning assets 3,005,010 3,068,647 3,010,704 Total assets 3,427,704 3,499,191 3,403,149 Total deposits 2,038,758 2,025,124 2,002,208 Common shareholders’ equity 271,753 276,098 276,445 Total shareholders’ equity 296,749 301,094 302,437 Common shares issued and outstanding 6,922.7 7,018.0 7,329.4 Nine Months Ended September 30 Third Quarter 2026 Second Quarter 2026 Third Quarter 2025Credit Quality 2026 2025 Total net charge-offs $ 4,170 $ 4,344 $ 1,349 $ 1,412 $ 1,367 Net charge-offs as a percentage of average loans and leases outstanding (2) 0.46 % 0.52 % 0.44 % 0.47 % 0.47 % Provision for credit losses $ 3,972 $ 4,367 $ 1,269 $ 1,366 $ 1,295 September 30 2026 June 30 2026 September 30 2025 Total nonperforming loans, leases and foreclosed properties (3) $ 5,649 $ 5,870 $ 5,470 Nonperforming loans, leases and foreclosed properties as a percentage of total loans, leases and foreclosed properties (3) 0.45 % 0.48 % 0.47 % Allowance for credit losses $ 14,184 $ 14,264 $ 14,361 Allowance for loan and lease losses 13,005 13,114 13,252 Allowance for loan and lease losses as a percentage of total loans and leases outstanding (2) 1.04 % 1.08 % 1.14 % 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 September 30 2026 June 30 2026 September 30 2025 Regulatory capital metrics (4, 5): Common equity tier 1 capital $ 198,407 $ 201,581 $ 202,875 Common equity tier 1 capital ratio - Standardized approach 10.9 % 11.2 % 11.6 % Common equity tier 1 capital ratio - Advanced approaches 12.0 12.5 13.1 Total capital ratio - Standardized approach 14.2 14.7 15.0 Total capital ratio - Advanced approaches 15.1 15.6 16.3 Tier 1 leverage ratio 6.6 6.6 6.8 Supplementary leverage ratio 5.5 5.5 5.8 Common equity ratio 7.9 7.9 8.1 Tangible common equity ratio (6) 6.0 6.0 6.2 (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 common 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 September 30, 2025. (5) Regulatory capital ratios at September 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 Total capital ratio under the Standardized approach at September 30, 2026 and September 30, 2025, and the Tier 1 capital ratio under the Standardized approach at June 30, 2026. (6) Tangible common equity ratio equals period-end tangible common shareholders’ equity divided by period-end tangible assets. Tangible common shareholders’ equity and tangible assets are non-GAAP financial measures. We believe the use of ratios that utilize tangible common 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) Third Quarter 2026 Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 11,572 $ 7,118 $ 6,205 $ 5,867 $ (643) Provision for credit losses 1,045 17 210 3 (6) Noninterest expense 5,833 5,048 3,250 4,195 1,396 Net income (loss) 3,521 1,540 1,990 1,235 (1,353) Return on average allocated capital (1) 31 % 28 % 15 % 9 % n/m Balance Sheet Average Total loans and leases $ 320,953 $ 278,642 $ 418,883 $ 200,645 $ 6,895 Total deposits 948,635 278,937 668,588 38,309 87,614 Allocated capital (1) 45,500 22,250 54,250 53,500 n/m Period end Total loans and leases $ 321,968 $ 283,377 $ 428,146 $ 210,590 $ 7,179 Total deposits 949,142 279,723 683,867 38,449 87,577 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 Third Quarter 2025 Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 11,166 $ 6,312 $ 6,189 $ 6,225 $ (698) Provision for credit losses 1,009 4 269 9 4 Noninterest expense 5,575 4,622 3,044 3,895 201 Net income (loss) 3,437 1,265 2,085 1,648 (103) Return on average allocated capital (1) 31 % 26 % 16 % 13 % n/m Balance Sheet Average Total loans and leases $ 320,297 $ 245,523 $ 388,482 $ 190,994 $ 7,739 Total deposits 947,414 276,534 631,560 37,588 98,338 Allocated capital (1) 44,000 19,750 50,750 49,000 n/m Period end Total loans and leases $ 321,905 $ 252,986 $ 386,828 $ 196,759 $ 7,422 Total deposits 949,100 278,931 640,801 36,883 96,493 (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 this measure 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 Results by Business Segment and All Other (Dollars in millions) Nine Months Ended September 30, 2026 Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 33,957 $ 20,701 $ 18,728 $ 20,998 $ (2,110) Provision for credit losses 3,337 30 610 19 (24) Noninterest expense 17,471 14,962 9,672 13,049 1,726 Net income (loss) 9,862 4,282 6,123 5,868 (1,544) Return on average allocated capital (1) 29 % 26 % 15 % 15 % n/m Balance Sheet Average Total loans and leases $ 321,387 $ 270,410 $ 409,825 $ 202,290 $ 6,910 Total deposits 952,126 282,341 656,090 38,725 91,390 Allocated capital (1) 45,500 22,250 54,250 53,500 n/m Period end Total loans and leases $ 321,968 $ 283,377 $ 428,146 $ 210,590 $ 7,179 Total deposits 949,142 279,723 683,867 38,449 87,577 Nine Months Ended September 30, 2025 Consumer Banking GWIM Global Banking Global Markets All Other Total revenue, net of interest expense $ 32,472 $ 18,265 $ 17,870 $ 18,792 $ (2,225) Provision for credit losses 3,583 38 700 59 (13) Noninterest expense 16,968 13,874 9,298 11,512 638 Net income (loss) 8,941 3,265 5,707 5,127 (178) Return on average allocated capital (1) 27 % 22 % 15 % 14 % n/m Balance Sheet Average Total loans and leases $ 318,178 $ 238,457 $ 385,062 $ 175,777 $ 7,819 Total deposits 948,983 279,883 603,591 38,141 104,032 Allocated capital (1) 44,000 19,750 50,750 49,000 n/m Period end Total loans and leases $ 321,905 $ 252,986 $ 386,828 $ 196,759 $ 7,422 Total deposits 949,100 278,931 640,801 36,883 96,493 (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 this measure 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) Nine Months Ended September 30 Third Quarter 2026 Second Quarter 2026 Third Quarter 2025FTE basis data (1) 2026 2025 Net interest income $ 48,677 $ 44,790 $ 16,610 $ 16,160 $ 15,387 Total revenue, net of interest expense 92,274 85,174 30,119 31,721 29,194 Net interest yield 2.10 % 1.98 % 2.16 % 2.08 % 2.01 % Efficiency ratio 61.64 61.39 65.48 58.72 59.39 Other Data September 30 2026 June 30 2026 September 30 2025 Number of financial centers - U.S. 3,531 3,530 3,649 Number of branded ATMs - U.S. 14,965 14,939 14,920 Headcount 209,911 211,304 213,384 (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 $486 million and $444 million for the nine months ended September 30, 2026 and 2025, $161 million and $163 million for the third and second quarters of 2026, and $154 million for the third 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 G on page 10) and ratios that utilize tangible common equity and tangible assets, each of which is a non-GAAP financial measure. Tangible common equity represents common shareholders’ equity reduced by goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities (“adjusted” 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). 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 common 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 nine months ended September 30, 2026 and 2025, and the three months ended September 30, 2026, June 30, 2026 and September 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) Nine Months Ended September 30 Third Quarter 2026 Second Quarter 2026 Third Quarter 2025 2026 2025 Reconciliation of income before income taxes to pretax, pre-provision income Income before income taxes $ 30,936 $ 28,073 $ 8,967 $ 11,565 $ 10,408 Provision for credit losses 3,972 4,367 1,269 1,366 1,295 Pretax, pre-provision income $ 34,908 $ 32,440 $ 10,236 $ 12,931 $ 11,703 Reconciliation of average common shareholders’ equity to average tangible common shareholders’ equity Common shareholders’ equity $ 276,205 $ 273,274 $ 275,885 $ 275,988 $ 275,149 Goodwill (69,021) (69,021) (69,021) (69,021) (69,021) Intangible assets (excluding mortgage servicing rights) (1,815) (1,893) (1,797) (1,815) (1,873) Related deferred tax liabilities 820 845 815 820 839 Tangible common shareholders’ equity $ 206,189 $ 203,205 $ 205,882 $ 205,972 $ 205,094 Reconciliation of period-end common shareholders’ equity to period-end tangible common shareholders’ equity Common shareholders’ equity $ 271,753 $ 276,445 $ 271,753 $ 276,098 $ 276,445 Goodwill (69,021) (69,021) (69,021) (69,021) (69,021) Intangible assets (excluding mortgage servicing rights) (1,784) (1,860) (1,784) (1,803) (1,860) Related deferred tax liabilities 812 828 812 816 828 Tangible common shareholders’ equity $ 201,760 $ 206,392 $ 201,760 $ 206,090 $ 206,392 Reconciliation of period-end assets to period-end tangible assets Assets $ 3,427,704 $ 3,403,149 $ 3,427,704 $ 3,499,191 $ 3,403,149 Goodwill (69,021) (69,021) (69,021) (69,021) (69,021) Intangible assets (excluding mortgage servicing rights) (1,784) (1,860) (1,784) (1,803) (1,860) Related deferred tax liabilities 812 828 812 816 828 Tangible assets $ 3,357,711 $ 3,333,096 $ 3,357,711 $ 3,429,183 $ 3,333,096 Book value per share of common stock Common shareholders’ equity $ 271,753 $ 276,445 $ 271,753 $ 276,098 $ 276,445 Ending common shares issued and outstanding 6,922.7 7,329.4 6,922.7 7,018.0 7,329.4 Book value per share of common stock $ 39.26 $ 37.72 $ 39.26 $ 39.34 $ 37.72 Tangible book value per share of common stock Tangible common shareholders’ equity $ 201,760 $ 206,392 $ 201,760 $ 206,090 $ 206,392 Ending common shares issued and outstanding 6,922.7 7,329.4 6,922.7 7,018.0 7,329.4 Tangible book value per share of common stock $ 29.14 $ 28.16 $ 29.14 $ 29.37 $ 28.16

EX-99.2 3 bac09302026ex992.htm THE PRESENTATION MATERIALS bac09302026ex992

Bank of America 3Q26 Financial Results October 14, 2026

Solid client activity • Ending deposits of $2.04T grew 2% vs. 3Q25 • Ending loans and leases of $1.25T grew 7% vs. 3Q25 • GWIM assets under management (AUM) flows of $74B since 3Q25 Note: ROE stands for return on average common shareholders’ equity. ROTCE stands for return on average tangible common shareholders’ equity. GWIM stands for Global Wealth & Investment Management. 1 Diluted earnings per share (EPS). 2 Represents a non-GAAP financial measure. For important presentation information, see slide 29. 3 Represent non-GAAP financial measures. For a reconciliation to the most directly comparable GAAP measures, see note A on slide 26. For important presentation information, see slide 29. 4 Common Equity Tier 1 (CET1) ratio at September 30, 2026, is preliminary. 5 See note B on slide 26 for definition of Global Liquidity Sources (GLS). 3Q26 Highlights 2 Net income Diluted EPS1 Efficiency ratio ROE ROTCE $8.1B3 $1.083 62%3 11.1%3 14.9%3 ($1.2B) ($0.17) +4 pts (1.7 pts) (2.3 pts) 3Q26 results included a $1.2B regulatory settlement charge in noninterest expense, which reduced earnings per diluted share by $0.17 $6.9B $0.91 66% 9.4% 12.6%2 Adjusted Moderated capital markets activity • Investment banking pipelines remain robust • Record year-to-date sales and trading revenue Strong balance sheet and capital return • CET1 ratio of 10.9%4 • Average GLS of $914B5 • Repurchased $6B of common stock Charge impact

Resilient Economic Outlook and Consumer Spend BofA Global Research CPI Inflation Estimates1 3 2026 YTD Credit and Debit3 YoY % Growth Total spend up 7%; transactions up 4% 16% 13% 7% 5% 5% 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 October 2, 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% 2.1% 2.2% 3.2% 3.5% 3.3% 3.4% U.S. Global 2024 2025 2026E 2027E 3.0% 2.7% 3.3% 2.5% 3.2% 2.5% 3.0% 2.6% U.S. Global 2024 2025 2026E 2027E $3.4T $3.5T +5% +5% 2025 YTD 2026 YTD $ Volume YoY % change

Record YTD sales and trading revenue Record 3Q Equities sales and trading revenue Record 3Q International revenue Grew average loans 5% YoY Added >200K net new Consumer checking accounts; completed 31 consecutive quarters of net growth Opened >1MM new credit card accounts, up 9% YoY1 Consumer investment assets up 14% YoY to $664B;2 4.2MM accounts with $18B flows since 3Q25 15 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 certificates of deposit (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 Total Corporation investment banking fees, excluding self-led. Continued Organic Growth in 3Q26 4 Consumer Banking Global Wealth & Investment Management Global Banking Global Markets $6.9T total deposits, loans, and investment balances3 $85B total net wealth continuum client flows since 3Q254 $5.1T client balances,2 up 9% YoY; AUM balances up 12% YoY to $2.4T, with $74B flows since 3Q25 Grew average loans 13% YoY to $279B Added ~5K net new $500K+ relationships across Merrill and Private Bank Opened ~30K new bank accounts; 67% of clients have a banking relationship YTD investment banking fees of $5.8B, up 16% YoY5 Treasury service charges increased 10% YoY Grew average loans 8% YoY; over 6% growth in each business Grew average deposits 6% YoY

• Balance sheet remained strong – Average deposits of $2.02T increased $31B, or 2% – Average loans and leases of $1.23T increased $73B, or 6% – Average Global Liquidity Sources3 of $914B – CET1 capital of $198B – CET1 ratio of 10.9%4 decreased 37 bps vs. 2Q26; well above regulatory minimum – Paid $2.2B in common stock dividends and repurchased $6.0B of common stock • Net income $6.9B; EPS $0.91; ROE 9.4%, ROTCE1 12.6% – Excluding the regulatory settlement charge, adj. net income $8.1B;2 adj. EPS $1.08;2 adj. ROE 11.1%,2 adj. ROTCE 14.9%2 • Revenue, net of interest expense, of $30.0B ($30.1B FTE)1 increased $0.9B, or 3%, reflecting higher net interest income (NII) and asset management fees, as well as lower sales and trading revenue and investment banking fees – NII of $16.4B ($16.6B FTE)1 increased $1.2B, or 8%; net interest yield of 2.16% increased 15 bps – Noninterest income of $13.5B decreased $0.3B, or 2% • Provision for credit losses of $1.3B was relatively flat vs. 3Q25 and declined $0.1B from 2Q26 – Net charge-offs (NCOs) decreased to $1.3B from $1.4B in both 3Q25 and 2Q26 • Noninterest expense of $19.7B; efficiency ratio of 66% – Excluding the regulatory settlement charge, adj. noninterest expense of $18.5B;2 adj. efficiency ratio of 62%2 Note: FTE stands for fully taxable-equivalent basis. 1 Represent non-GAAP financial measures. For important presentation information, see slide 29. 2 Represent non-GAAP financial measures. For a reconciliation to the most directly comparable GAAP measures, see note A on slide 26. For important presentation information, see slide 29. 3 See note B on slide 26 for definition of Global Liquidity Sources. 4 CET1 ratio at September 30, 2026, is preliminary. 3Q26 Highlights (Comparisons to 3Q25, unless otherwise noted) 5

Balance Sheet Metrics 3Q26 2Q26 3Q25 Basel 3 Capital ($B)3,4 3Q26 2Q26 3Q25 Assets ($B) Common equity tier 1 capital $198 $202 $203 Total assets $3,428 $3,499 $3,403 Standardized approach Total loans and leases 1,251 1,218 1,166 Risk-weighted assets (RWA) $1,824 $1,792 $1,751 Cash and cash equivalents 250 230 247 CET1 ratio 10.9 % 11.2 % 11.6 % Total debt securities 842 869 936 Advanced approaches Carried at fair value 346 363 405 Risk-weighted assets $1,650 $1,613 $1,546 Held-to-maturity, at amortized cost 496 506 531 CET1 ratio 12.0 % 12.5 % 13.1 % Supplementary leverage Funding & Liquidity ($B) Supplementary Leverage Ratio 5.5 % 5.5 % 5.8 % Total deposits $2,039 $2,025 $2,002 Long-term debt 319 340 311 Global Liquidity Sources (average)1 914 947 961 Equity ($B) Common shareholders' equity $272 $276 $276 Common equity ratio 7.9 % 7.9 % 8.1 % Tangible common shareholders' equity2 $202 $206 $206 Tangible common equity ratio2 6.0 % 6.0 % 6.2 % Per Share Data Book value per common share $39.26 $39.34 $37.72 Tangible book value per common share2 29.14 29.37 28.16 Common shares outstanding (in billions) 6.92 7.02 7.33 Balance Sheet, Liquidity, and Capital (EOP basis unless noted) 6 • Loans and leases of $1.25T grew $34B, or 3%, vs. 2Q26 • Deposits of $2.04T grew $14B, or 1%, vs. 2Q26 • CET1 ratio of 10.9% decreased 37 bps vs. 2Q263 – CET1 capital of $198B decreased $3B – Standardized RWA of $1.82T increased $32B • Average Global Liquidity Sources of $914B1 • Book value per share of $39.26 improved 4% vs. 3Q25; tangible book value per share of $29.14 improved 3%2 Note: EOP stands for end of period. Amounts may not total due to rounding. 1 See note B on slide 26 for definition of Global Liquidity Sources. 2 Represent non-GAAP financial measures. For important presentation information, see slide 29. 3 Regulatory capital ratios at September 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 Total capital ratio under the Standardized approach at September 30, 2026 and September 30, 2025, and the Tier 1 capital ratio under the Standardized approach at June 30, 2026. 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 3Q25.

$947 $945 $951 $957 $949 472 474 480 489 485 475 471 471 468 464 Low-interest and noninterest checking Other deposits 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $250 $500 $750 $1,000 +3% (2%) Average Deposit Trends YoY +2% Note: Amounts may not total due to rounding. 1 Includes Global Markets and All Other. YoY +0.1% Global Banking Deposits ($B) Consumer Banking Deposits ($B) Total Deposit Rate Paid (bps)Total Deposits ($B) 178 146 149 58 48 51 249 202 207 280 223 227 Total Consumer Banking GWIM Global Banking 3Q25 4Q25 1Q26 2Q26 3Q26 7 $632 $656 $648 $652 $669 148 154 154 153 157 483 502 493 498 512 Noninterest-bearing Interest-bearing 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $200 $400 $600 $800 $1,991 $2,013 $2,017 $2,023 $2,022 947 945 951 957 949 632 656 648 652 669 277 279 287 282 279 136 132 132 133 126 Consumer Banking Global Banking GWIM Other 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $750 $1,500 $2,250 +0.1% +1% +6% +6% +6% YoY +6% 1 (7%)

$473 $478 $480 $483 $488 262 263 263 263 264 101 103 103 104 106 110 113 114 116 118 Home lending Consumer credit card Direct / indirect and other 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $200 $400 $600 +1% +5% +8% Average Loan and Lease Trends YoY +6% YoY +3% Note: Amounts may not total due to rounding. 1 Includes residential mortgage and home equity. 2 Includes auto lending, securities-based lending, and other. Commercial Loans and Leases ($B) Consumer Loans and Leases ($B) Total Loans and Leases by Portfolio ($B)Total Loans and Leases ($B) $473 $478 $480 $483 $488 $680 $692 $709 $733 $738 Consumer Commercial 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $300 $600 $900 8 $680 $692 $709 $733 $738 421 433 443 459 461 154 153 158 165 164 66 67 69 70 7322 22 23 23 24 U.S. commercial Non-U.S. commercial Commercial real estate U.S. small business Commercial lease financing 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $300 $600 $900 $1,153 $1,171 $1,190 $1,217 $1,226 320 323 322 321 321 388 386 397 413 419 246 257 262 270 279 191 198 201 205 201 Consumer Banking Global Banking GWIM Global Markets All Other 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $500 $1,000 $1,500 +0.2% +13% +8% +5% 1 +10% +6% +10% YoY +8% +7% 2

• Net interest income of $16.4B ($16.6B FTE)1 – Increased $1.2B from 3Q25, driven primarily by higher loan and deposit balances, higher NII related to Global Markets (GM) activity, and fixed-rate asset repricing – Increased $0.5B vs. 2Q26, driven primarily by one additional day of interest accrual, fixed-rate asset repricing, higher NII related to GM activity, and loan growth • Net interest yield of 2.16% increased 15 bps from 3Q25 and 8 bps from 2Q26, reflecting higher NII and a more efficient balance sheet – Excluding GM, net interest yield of 2.65%1 increased 17 bps vs. 3Q25 and 8 bps vs. 2Q26 • Estimated impact to NII relative to the baseline forecast over the next 12 months from parallel shift of the September 30, 2026 forward interest rate yield curve:2 – +100 bps above curve: +$1.4B higher NII – -100 bps below curve: ($1.9B) 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 $2.0B, $1.9B, $1.9B, $1.8B, and $1.5B and average earning assets of $869.4B, $885.9B, $874.3B, $820.3B, and $813.2B for 3Q26, 2Q26, 1Q26, 4Q25, and 3Q25, 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 29. 2 As of September 30, 2026. NII asset sensitivity represents banking book positions using behavioral deposit changes. See note C on slide 26 for information on asset sensitivity assumptions. Net Interest Yield (FTE) 2.01% 2.08% 2.07% 2.08% 2.16% 2.48% 2.54% 2.55% 2.57% 2.65% Reported net interest yield Net interest yield excl. GM 3Q25 4Q25 1Q26 2Q26 3Q26 1.50% 2.00% 2.50% 3.00% $15.4 $15.9 $15.9 $16.2 $16.6 $15.2 $15.8 $15.7 $16.0 $16.4 Net interest income (GAAP) FTE adjustment 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $6.0 $12.0 $18.0 9 Net Interest Income Mix (FTE, $B)1 $15.4 $15.9 $15.9 $16.2 $16.6 $13.9 $14.2 $14.0 $14.2 $14.6 NII excl. GM GM NII 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $6.0 $12.0 $18.0 1

• 3Q26 noninterest expense of $19.7B included a $1.2B regulatory settlement charge and increased $2.4B vs. 3Q25 and $1.1B vs. 2Q26 • Excluding the regulatory settlement charge, adjusted noninterest expense of $18.5B1 • Increased $1.2B, or 7%,1 from 3Q25, driven by revenue-related expenses and investments in technology and brand • Declined $0.1B, or 1%,1 from 2Q26, driven by lower revenue-related expenses and lower marketing costs, partially offset by investments in technology $17.3 $17.4 $18.5 $18.6 $19.7 10.5 10.6 11.3 11.0 11.0 $6.8 6.8 7.2 7.6 7.5 Compensation and benefits Other Regulatory settlement charge 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $10.0 $20.0 60% 61% 61% 59% 62% 66% 3Q25 4Q25 1Q26 2Q26 3Q26 50% 60% 70% Total Noninterest Expense ($B) Efficiency Ratio Expense and Efficiency 10 Note: Amounts may not total due to rounding. 1 Represent non-GAAP financial measures. For more information and reconciliations to the most directly comparable GAAP measures, see note A on slide 26. For important presentation information, see slide 29. 1.2 $18.51 1

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 D on slide 26. 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. 4 Reservable criticized utilized exposure rate is calculated as reservable criticized utilized exposure divided by reservable utilized exposure at the end of the period. Excludes loans measured at fair value. Provision for Credit Losses ($MM) Net Charge-offs ($MM) $1,295 $1,308 $1,337 $1,366 $1,269 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $500 $1,000 $1,500 $2,000 $1,367 $1,287 $1,409 $1,412 $1,349 0.47% 0.44% 0.48% 0.47% 0.44% Net charge-offs Net charge-off ratio 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $500 $1,000 $1,500 $2,000 0.00% 0.25% 0.50% 0.75% 1.00% 11 • Total net charge-offs of $1.3B vs. $1.4B in both 3Q25 and 2Q26 – Consumer net charge-offs of $997MM were relatively flat vs. 3Q25 and declined $43MM from 2Q26 ▪ Credit card charge-off rate of 3.22% in 3Q26; charge-off rate and both early- and late-stage delinquencies improved vs. 3Q25 – Commercial net charge-offs of $352MM declined $37MM vs. 3Q25 and $20MM vs. 2Q26 – Net charge-off ratio of 0.44% vs. 0.47% in both 3Q25 and 2Q261 • Provision for credit losses of $1.3B was relatively flat vs. 3Q25 and declined $0.1B from 2Q26 • Net reserve release of $80MM in 3Q26 vs. $72MM in 3Q25 and $46MM in 2Q262 • Allowance for loan and lease losses of $13.0B represented 1.04% of total loans and leases3 – Allowance for credit losses of $14.2B included $1.2B for unfunded commitments • Nonperforming loans and leases of $5.5B increased $0.2B from 3Q25 and decreased $0.2B from 2Q26 • Commercial reservable criticized utilized exposure of $19.9B declined $6.4B vs. 3Q25 and $2.2B vs. 2Q26 – Reservable criticized utilized exposure rate of 2.49%;4 lowest since 4Q19 1

Commercial Net Charge-offs ($MM) Consumer Net Charge-offs ($MM) Asset Quality – Consumer and Commercial Portfolios $389 $295 $350 $372 $352 0.23% 0.17% 0.20% 0.20% 0.19% Small business C&I Commercial real estate Commercial NCO ratio 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $200 $400 $600 0.00% 0.20% 0.40% 0.60% $978 $992 $1,059 $1,040 $997 0.82% 0.82% 0.89% 0.86% 0.81% Credit card Other Consumer NCO ratio 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $400 $800 $1,200 0.00% 0.50% 1.00% 1.50% Commercial Metrics ($MM) 3Q26 2Q26 3Q25 Provision $346 $357 $437 Reservable criticized utilized exposure 19,906 22,074 26,332 Nonperforming loans and leases 2,934 3,161 2,816 % of loans and leases1 0.39 % 0.43 % 0.41 % Allowance for loans and leases $4,835 $4,868 $4,800 % of loans and leases1 0.64 % 0.67 % 0.70 % Commercial excl. small business NCOs $220 $235 $255 % of loans and leases1 0.12 % 0.13 % 0.16 % Consumer Metrics ($MM) 3Q26 2Q26 3Q25 Provision $923 $1,009 $858 Nonperforming loans and leases 2,610 2,590 2,531 % of loans and leases1 0.53 % 0.53 % 0.53 % Consumer 30+ days performing past due $4,584 $4,498 $4,494 Fully-insured2 415 420 439 Non-fully-insured 4,169 4,078 4,055 Consumer 90+ days performing past due 1,431 1,461 1,470 Allowance for loans and leases 8,170 8,246 8,452 % of loans and leases1 1.66 % 1.69 % 1.78 % # times annualized NCOs 2.07 x 1.98 x 2.18 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 E on slide 26. For important presentation information, see slide 29. 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 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 September 30, 2026, is preliminary and includes clients in Consumer and GWIM. 7 As of August 2026. Represents households with consumer bank login activities in a 90-day period. Inc / (Dec) Summary Income Statement ($MM) 3Q26 2Q26 3Q25 Total revenue, net of interest expense $11,572 $236 $406 Provision for credit losses 1,045 (115) 36 Noninterest expense 5,833 32 258 Pretax income 4,694 319 112 Pretax, pre-provision income1 5,739 204 148 Income tax expense 1,173 79 28 Net income $3,521 $240 $84 Key Indicators ($B) 3Q26 2Q26 3Q25 Average deposits $948.6 $957.0 $947.4 Rate paid on deposits 0.51 % 0.48 % 0.58 % Cost of deposits2 1.51 1.50 1.46 Average loans and leases $321.0 $321.1 $320.3 Net charge-off ratio 1.41 % 1.48 % 1.39 % Net charge-offs ($MM) $1,139 $1,183 $1,122 Reserve build (release) ($MM) (94) (23) (113) Consumer investment assets3 664.4 639.5 580.4 Active mobile banking users (MM) 42.6 42.1 41.3 % Consumer sales through digital channels 71 % 70 % 66 % Number of financial centers 3,531 3,530 3,649 Combined credit / debit purchase volumes4 $265.7 $266.1 $245.2 Total consumer credit card risk-adjusted margin4 6.74 % 6.47 % 7.48 % Return on average allocated capital (ROAC) 31 29 31 Allocated capital $45.5 $45.5 $44.0 Efficiency ratio 50 % 51 % 50 % 13 • Net income $3.5B; ROAC 31% • Revenue of $11.6B increased 4% from 3Q25, driven primarily by higher net interest income • Provision for credit losses of $1.0B increased $36MM vs. 3Q25 – Net reserve release of $94MM vs. $113MM in 3Q25 – Net charge-offs of $1.1B were relatively flat vs. 3Q25 • Noninterest expense of $5.8B increased 5% from 3Q25, driven by investments in technology and brand – Efficiency ratio 50% • Average deposits of $949B increased $1B from 3Q25 – 59% of deposits in checking accounts; 92% are primary accounts5 – Added >200K net new consumer checking accounts in 3Q26 • Average loans and leases of $321B increased $1B from 3Q25 – Average credit card loans of $106B increased $5B, or 5%, vs. 3Q254 • Combined credit / debit card spend of $266B increased 8% from 3Q254 • Consumer investment assets of $664B grew $84B, or 14%, vs. 3Q25,3 driven by higher market valuations and $18B of net client flows from new and existing clients • 17.6MM clients enrolled in BofA Rewards; ~4MM new enrollments in 3Q266 • 80% of households digitally active7

• Net income $1.5B; ROAC 28% • Revenue of $7.1B increased 13% from 3Q25, driven by higher asset management fees, reflecting higher market valuations, strong AUM flows, and higher net interest income • Noninterest expense of $5.0B increased 9% from 3Q25, driven primarily by revenue-related incentives – Pretax margin improved to 29% • Client balances of $5.1T increased 9% vs. 3Q25, driven by higher market valuations and strong AUM flows – AUM flows of $20B in 3Q26; $74B since 3Q25 • 67% of clients have a deposit or lending relationship – Average deposits of $279B increased $2B, or 1%, vs. 3Q25 – Average loans and leases of $279B increased $33B, or 13%, from 3Q25 • Added ~5K net new $500K+ relationships across Merrill and Private Bank in 3Q26 • 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 E on slide 26. For important presentation information, see slide 29. 2 Represents GWIM relationships with login activities in a 90-day period. Merrill includes households with $250K+ in investable assets, excluding stock plan and banking-only households. Private Bank includes relationships with $3MM+ in total balances; includes third-party activities and excludes irrevocable trust-only, institutional philanthropic, and exiting relationships. Private Bank as of August 2026. Inc / (Dec) Summary Income Statement ($MM) 3Q26 2Q26 3Q25 Total revenue, net of interest expense $7,118 $247 $806 Provision for credit losses 17 6 13 Noninterest expense 5,048 72 426 Pretax income 2,053 169 367 Pretax, pre-provision income1 2,070 175 380 Income tax expense 513 42 92 Net income $1,540 $127 $275 Key Indicators ($B) 3Q26 2Q26 3Q25 Average deposits $278.9 $281.6 $276.5 Rate paid on deposits 2.07 % 2.02 % 2.49 % Average loans and leases $278.6 $270.3 $245.5 Net charge-off ratio 0.02 % 0.01 % 0.01 % Net charge-offs ($MM) $13 $9 $8 Reserve build (release) ($MM) 4 2 (4) AUM flows 20.0 13.7 23.5 Pretax margin 29 % 27 % 27 % Return on average allocated capital (ROAC) 28 26 26 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 E on slide 26. For important presentation information, see slide 29. Inc / (Dec) Summary Income Statement ($MM) 3Q26 2Q26 3Q25 Total revenue, net of interest expense1 $6,205 ($31) $16 Provision for credit losses 210 (5) (59) Noninterest expense 3,250 51 206 Pretax income 2,745 (77) (131) Pretax, pre-provision income2 2,955 (82) (190) Income tax expense 755 (21) (36) Net income $1,990 ($56) ($95) Selected Revenue Items ($MM) 3Q26 2Q26 3Q25 Total Corporation IB fees (excl. self-led)1 $1,799 $2,138 $2,013 Global Banking IB fees1 971 1,154 1,155 Business Lending revenue 2,179 2,061 2,236 Global Transaction Services revenue 3,040 2,920 2,739 Key Indicators ($B) 3Q26 2Q26 3Q25 Average deposits $668.6 $651.9 $631.6 Average loans and leases 418.9 413.4 388.5 Net charge-off ratio 0.20 % 0.23 % 0.26 % Net charge-offs ($MM) $209 $231 $250 Reserve build (release) ($MM) 1 (16) 19 Return on average allocated capital (ROAC) 15 % 15 % 16 % Allocated capital $54.3 $54.3 $50.8 Efficiency ratio 52 % 51 % 49 % 15 • Net income $2.0B; ROAC 15% • Revenue of $6.2B was relatively flat vs. 3Q25, as higher net interest income and treasury service charges were offset by lower investment banking fees – Total Corporation investment banking (IB) fees (excl. self-led) of $1.8B decreased 11% vs. 3Q25 – Treasury service charges increased 10% vs. 3Q25 • Provision for credit losses of $210MM vs. $269MM in 3Q25 – Net charge-offs of $209MM decreased $41MM vs. 3Q25 – Net reserve build of $1MM vs. $19MM in 3Q25 • Noninterest expense of $3.3B increased 7% vs. 3Q25, driven by investments in the business, including people and technology – Efficiency ratio 52% • Average deposits of $669B increased $37B, or 6%, from 3Q25 • Average loans and leases of $419B increased $30B, or 8%, from 3Q25

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 $2.6B, $3.5B, and $3.1B for 3Q26, 2Q26, and 3Q25, respectively. Reported Equities sales and trading revenue was $2.5B, $3.6B, and $2.3B for 3Q26, 2Q26, and 3Q25, respectively. See note F on slide 26 and slide 29 for important presentation information. 4 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP financial measure, see note E on slide 26. For important presentation information, see slide 29. 5 See note G on slide 26 for the definition of VaR. Inc / (Dec) Summary Income Statement ($MM) 3Q26 2Q26 3Q25 Total revenue, net of interest expense2 $5,867 ($2,155) ($358) Net DVA 20 77 6 Total revenue (excl. net DVA)2,3 5,847 (2,232) (364) Provision (benefit) for credit losses 3 14 (6) Noninterest expense 4,195 (289) 300 Pretax income 1,669 (1,880) (652) Pretax, pre-provision income4 1,672 (1,866) (658) Income tax expense 434 (489) (239) Net income $1,235 ($1,391) ($413) Net income (excl. net DVA)3 $1,220 ($1,449) ($417) Selected Revenue Items ($MM)2 3Q26 2Q26 3Q25 Sales and trading revenue $5,075 $7,098 $5,362 Sales and trading revenue (excl. net DVA)3 5,055 7,155 5,348 FICC (excl. net DVA)3 2,548 3,536 3,078 Equities (excl. net DVA)3 2,507 3,619 2,270 Global Markets IB fees 767 965 834 Key Indicators ($B) 3Q26 2Q26 3Q25 Average total assets $1,091.8 $1,120.5 $1,024.3 Average trading-related assets 729.3 746.9 676.6 Average 99% VaR ($MM)5 51 49 66 Average loans and leases 200.6 205.0 191.0 Net charge-offs ($MM) — — (1) Reserve build (release) ($MM) 3 (11) 10 Return on average allocated capital (ROAC) 9 % 20 % 13 % Allocated capital $53.5 $53.5 $49.0 Efficiency ratio 72 % 56 % 63 % 16 • Net income $1.2B; ROAC 9% • Revenue of $5.9B decreased 6% from 3Q25, driven by lower sales and trading revenue and investment banking fees • Sales and trading revenue of $5.1B decreased 5% from 3Q25 (incl. and excl. net DVA)3 – FICC revenue decreased 17% to $2.6B ($2.5B excl. net DVA),3 driven primarily by mortgages, municipals, and credit – Equities revenue increased 11% to $2.5B (excl. net DVA, up 10%),3 driven by increased client financing activity, particularly in Asia and the U.S. • Noninterest expense of $4.2B increased 8% vs. 3Q25, driven by higher revenue-related expenses and investments in the business, including people and technology – Efficiency ratio 72% • Average VaR of $51MM in 3Q265

• Net loss of $1.4B included a non-tax-deductible regulatory settlement charge of $1.2B – Excluding the regulatory settlement charge, the adjusted net loss was $153MM3 • The Corporation’s effective tax rate (ETR) for 3Q26 was approximately 23% – Excluding the non-tax-deductible regulatory settlement charge, the adjusted ETR was approximately 20%4 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 E on slide 26. For important presentation information, see slide 29. 3 Adjusted net loss of $153MM for 3Q26 represents a non-GAAP financial measure and is calculated as reported net loss of $1.4B less the non-tax-deductible regulatory settlement charge of $1.2B. For more information, see note A on slide 26. For important presentation information, see slide 29. 4 Represents a non-GAAP financial measure. For more information and a reconciliation to the most directly comparable GAAP measure, see note A on slide 26. For important presentation information, see slide 29. Inc / (Dec) Summary Income Statement ($MM) 3Q26 2Q26 3Q25 Total revenue, net of interest expense ($643) $101 $55 Provision (benefit) for credit losses (6) 3 (10) Noninterest expense 1,396 1,229 1,195 Pretax income (loss) (2,033) (1,131) (1,130) Pretax, pre-provision income (loss)2 (2,039) (1,128) (1,140) Income tax expense (benefit) (680) (70) 120 Net income (loss) ($1,353) ($1,061) ($1,250) 17

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 27 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. $11.2 $11.2 $11.0 $11.3 $11.6 9.0 9.1 9.0 9.2 9.4 2.2 2.1 2.1 2.1 2.1 Net interest income Noninterest income 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $4.0 $8.0 $12.0 $5.6 $5.7 $5.8 $5.8 $5.8 50% 51% 53% 51% 50% Noninterest expense Efficiency ratio 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $2.0 $4.0 $6.0 40% 50% 60% 70% $947 $945 $951 $957 $949 472 474 480 489 485 475 471 471 468 464 Low-interest and noninterest checking Other deposits 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $400 $800 $1,200 $320 $323 $322 $321 $321 117 117 116 116 115 97 99 100 100 102 57 57 56 55 52 22 23 23 23 23 27 27 27 27 29 Residential mortgage Consumer credit card Vehicle lending Home equity Small business / other 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $125 $250 $375 19 $580 $599 $573 $640 $664 4.1 4.1 4.2 4.2 4.2 Assets Accounts 3Q25 4Q25 1Q26 2Q26 3Q26 $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 1,503 1,809 2,026 2,341 46% 54% 66% 71% Digital unit sales (K) Digital as a % of total sales 3Q23 3Q24 3Q25 3Q26 0 600 1,200 1,800 2,400 0% 25% 50% 75% 100% 2.7 3.0 3.4 3.43.2 3.6 4.2 4.2 Alerts sent Digital logins 3Q23 3Q24 3Q25 3Q26 1.0 2.0 3.0 4.0 5.0 46 48 49 50 57 58 59 60 74% 77% 79% 80% Active users (MM) Verified users (MM) Household adoption % 3Q23 3Q24 3Q25 3Q26 0 25 50 75 40% 60% 80% 100% Client Engagement Person-to-Person Payments (Zelle®)7 Digital Volumes 323 400 459 500 $97 $121 $143 $164 Transactions (MM) Volume ($B) 3Q23 3Q24 3Q25 3Q26 0 250 500 $0 $100 $200 Consumer Digital Update1 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 August 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. 21.0 23.2 24.7 25.7 users (MM) 20 Digital Adoption 170 166 175 191 Erica® interactions (MM) 3Q23 3Q24 3Q25 3Q26 0 100 200 228 218 205 187 208 256 289 310 Zelle® sent transactions Cash withdrawn & checks written 3Q23 3Q24 3Q25 3Q26 150 200 250 300 350 1.7x 18.7 19.7 20.4 24.2 users (MM)

Note: Amounts may not total due to rounding. 1 See slide 27 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 $44B, $45B, $44B, $48B, and $44B for 3Q26, 2Q26, 1Q26, 4Q25, and 3Q25, respectively, are included in both AUM and Deposits. Total client balances only include these balances once. Average Deposits ($B) Global Wealth & Investment Management Trends Business Leadership1 • 19 Merrill advisors on Barron's 2026 Top 100 Women Financial 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 Outsourcing Manager of Endowment and Foundation Assets(F) • Merrill Recognized by WealthManagement.com for Practice Management(G) Average Loans and Leases ($B) Total Revenue ($B) Client Balances ($B)3 $6.3 $6.6 $6.7 $6.9 $7.1 1.8 1.9 1.9 1.9 2.0 3.9 4.1 4.2 4.4 4.5 0.6 0.6 0.6 0.6 0.6 Net interest income Asset management fees Brokerage / other 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $2.5 $5.0 $7.5 2,110 2,178 2,116 2,328 2,371 2,041 2,068 1,947 2,094 2,164 279 290 288 278 280255 264 267 280 286$4,641 $4,751 $4,572 $4,934 $5,057 AUM Brokerage / other Deposits Loans and leases 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $2,000 $4,000 $6,000 $246 $257 $262 $270 $279 112 113 114 115 116 54 57 59 62 66 76 84 86 89 93 Home lending Securities-based lending Custom lending Credit card 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $100 $200 $300$277 $279 $287 $282 $279 203 204 207 205 203 74 76 79 77 76 Sweep deposits Bank deposits 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $100 $200 $300 21 2

Erica® Interactions (MM)3 Person-to-Person Payments (Zelle®)4 Check Deposits5 eDelivery2Digital Households / Relationships Digital Channel Adoption 78% 80% 83% 85% 3Q23 3Q24 3Q25 3Q26 0% 25% 50% 75% 100% 60% 62% 65% 67% 76% 76% 76% 77% Mobile adoption Online adoption 3Q23 3Q24 3Q25 3Q26 0% 25% 50% 75% 100% 716 741 760 767 83% 84% 86% 87% Digital households / relationships (K) Digital adoption % 3Q23 3Q24 3Q25 3Q26 400 500 600 700 800 60% 70% 80% 90% 100% Client Engagement Digital Volumes Global Wealth & Investment Management Digital Update 22 Digital Adoption1 Note: Amounts may not total due to rounding. Unless noted, Merrill includes households with $250K+ in investable assets, excluding stock plan and banking-only households. Private Bank includes relationships with $3MM+ in total balances; includes third-party activities and excludes irrevocable trust-only, institutional philanthropic, and exiting relationships. 1 Digital adoption represents GWIM relationships with login activities in a 90-day period. Private Bank as of August for each quarter presented. 2 Percentage of relationships receiving statements electronically. Merrill excludes households with only retirement or 529 accounts. Merrill as of August for 3Q23 and 3Q24. Private Bank as of August for each quarter presented. 3 Mobile and online activity across client-facing platforms powered by Erica. 4 Bank of America person-to-person payments sent and received through e-mail or mobile identification. 5 Digital check deposits includes mobile check deposits and remote deposits operations. Private Bank as of August for each quarter presented. 2.7 3.0 3.4 3.8 3Q23 3Q24 3Q25 3Q26 0.0 1.0 2.0 3.0 4.0 3.2 4.1 4.9 5.7 $2.0 $2.5 $3.1 $3.9 Transactions (MM) Volume ($B) 3Q23 3Q24 3Q25 3Q26 0.0 2.0 4.0 6.0 $0.0 $2.0 $4.0 $6.0 66% 68% 69% 69% 8% 8% 7% 7% 26% 25% 24% 24% Digital ATM Physical 3Q23 3Q24 3Q25 3Q26 0% 25% 50% 75% 100%

Global Banking Trends Note: Amounts may not total due to rounding. 1 See slide 27 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 $25MM, $68MM, $51MM, $31MM, and $41MM for 3Q26, 2Q26, 1Q26, 4Q25, and 3Q25, respectively, are embedded within Debt, Equity, and Advisory. 4 Advisory includes fees on debt and equity advisory and mergers and acquisitions. Average Deposits ($B)Business Leadership1 • No. 1 in Overall Leadership in Digital Channels (tied), fourth consecutive year(H) • North America’s Most Innovative Bank(C) • World’s Best Bank for Small to Medium- sized Enterprises(I) • Best Solution Innovation in AI(J) • Best Global Bank for Transaction Banking(C) • Best Global Supply Chain Finance Bank(K) • Share Leader and Best Bank Award for U.S. Corporate Banking & Cash Management(L) • Relationships with 78% of the Global Fortune 500; 96% of the U.S. Fortune 1,000 (2026) Average Loans and Leases ($B) Total Revenue ($B)2 Total Corporation Investment Banking Fees ($MM)3 $6.2 $6.2 $6.3 $6.2 $6.2 3.1 3.2 3.2 3.2 3.3 1.2 1.0 1.0 1.2 1.0 0.9 0.9 0.9 0.9 0.9 1.0 1.1 1.1 1.0 1.0 Net interest income IB fees Service charges All other income 3Q25 4Q25 1Q26 2Q26 3Q26 $0.0 $2.5 $5.0 $7.5 1,109 810 986 1,113 958 362 297 353 535 395 583 590 553 558 471 $2,013 $1,666 $1,841 $2,138 $1,799 Debt Equity Advisory 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $750 $1,500 $2,250 200 199 202 211 212 176 175 183 190 193 $388 $386 $397 $413 $419 Commercial Corporate Business Banking 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $250 $500 4 $632 $656 $648 $652 $669 Noninterest-bearing Interest-bearing 3Q25 4Q25 1Q26 2Q26 3Q26 $0 $250 $500 $750 23 23% 23% 24% 24% 23% 77% 77% 76% 76% 77%

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 August 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 August 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 August 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 17% 33% 42% 64% 3Q23 3Q24 3Q25 3Q26 0% 25% 50% 75% 20.7 23.1 25.0 27.4 3Q23 3Q24 3Q25 3Q26 0.0 10.0 20.0 30.0 21.9 32.5 39.2 41.1 3Q23 3Q24 3Q25 3Q26 0.0 15.0 30.0 45.0 CashPro® App PaymentsRelationship Client Adoption1 Mobile App Sign-ins (K)2 $192 $283 $299 $358 3.6 4.3 4.7 5.2 Value ($B) Volume (MM) 3Q23 3Q24 3Q25 3Q26 $0 $100 $200 $300 $400 0.0 2.0 4.0 6.0 8.0 1,629 2,042 2,442 2,975 3Q23 3Q24 3Q25 3Q26 0 800 1,600 2,400 3,20087% 86% 86% 3Q24 3Q25 3Q26 0% 25% 50% 75% 100% Client Engagement Digital Volumes Global Banking Digital Update 24 Digital Adoption

Note: Amounts may not total due to rounding. S&T stands for sales and trading. 1 See slide 27 for business leadership sources. 2 Represents a non-GAAP financial measure. 2026 YTD Global Markets revenue was $21.0B, both including and excluding net DVA. Reported Global Markets revenue mix was the same including and excluding net DVA. Reported FICC S&T revenue mix was 42% credit / other and 58% macro. Reported S&T revenue was $18.6B, $16.4B, $14.7B, and $13.8B for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Reported FICC S&T revenue was $9.6B, $9.8B, $8.9B, and $8.8B for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Reported Equities S&T revenue was $9.0B, $6.6B, $5.8B, and $4.9B for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. See note F on slide 26 and slide 29 for important presentation information. 3 Macro includes currencies, interest rates, and commodities products. 4 See note G on slide 26 for definition of VaR. Global Markets Trends and Revenue Mix 2026 YTD Global Markets Revenue Mix (excl. net DVA)2 Business Leadership1 • Global Derivatives House of the Year(M) • CLO Bank of the Year(M) • Securitization Bank of the Year(M) • Commodity Derivatives House of the Year(N) • Europe & Asia FX Derivatives House of the Year(M) • Best Equities Trading Desk(O) • Best House, Interest Rates(P) • No. 1 Municipal Bonds Underwriter(Q) • No. 2 Top Global Research Firm(R) 2026 YTD Total FICC S&T Revenue Mix (excl. net DVA)2 Total Sales and Trading Revenue (excl. net DVA) ($B)2 Average Trading-Related Assets ($B) and VaR ($MM)4 $13.9 $14.8 $16.4 $18.5 8.9 9.0 9.8 9.6 4.9 5.8 6.6 9.0 FICC Equities 2023 YTD 2024 YTD 2025 YTD 2026 YTD $0.0 $10.0 $20.0 $619 $638 $682 $735 $76 $67 $80 $49 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 41% 59% Credit / Other Macro 25 3

Notes 26 1 Calculated as net income applicable to common shareholders divided by average diluted common shares of 7,222MM. 2 Calculated as net income applicable to common shareholders divided by average common shareholders’ equity of $276B. 3 Calculated as net income applicable to common shareholders divided by average tangible common shareholders’ equity of $206B. Return on average tangible common shareholders’ equity and average tangible common shareholders’ equity represent non-GAAP financial measures. For important presentation information on non-GAAP measures, see slide 29. 4 Calculated as noninterest expense divided by revenue, net of interest expense, of $30.0B. 5 Calculated as income tax expense of $2.0B divided by pretax income. A On October 13, 2026, the Office of the Comptroller of the Currency and the Financial Crime Enforcement Network (FinCEN) announced that the Corporation consented to orders related to certain aspects of its U.S. Bank Secrecy Act and Anti-Money Laundering and Economic Sanctions Compliance Programs. As a result, for 3Q26, the Corporation recorded non-tax-deductible noninterest expense of $1.2B to accrue for the civil money penalties resulting from the regulatory consent orders (Regulatory Settlement Charge). The Corporation believes that the presentation of the following non-GAAP financial measures, which exclude the impact of the Regulatory Settlement Charge (labeled as “3Q26 Adjusted” in the table below), provides useful information to investors because management uses them, together with GAAP results, to assess the Corporation's operating performance. Management believes these measures provide additional insight into underlying business performance and operating trends and facilitate period-to-period comparisons. These measures should be considered in addition to, and not as a substitute for, the most directly comparable GAAP financial measures. B 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. C Interest rate sensitivity as of September 30, 2026, reflects the potential pretax impact to forecasted net interest income over the next 12 months from September 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. D 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. E 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. F 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 $20MM, ($57MM), and $14MM for 3Q26, 2Q26, and 3Q25, respectively, and $26MM, ($18MM), ($94MM), and ($104MM) for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Net DVA gains (losses) included in FICC revenue were $17MM, ($60MM), and $14MM for 3Q26, 2Q26, and 3Q25, respectively, and $6MM, ($25MM), ($79MM), and ($99MM) for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. Net DVA gains (losses) included in Equities revenue were $3MM, $3MM, and $0MM for 3Q26, 2Q26, and 3Q25, respectively, and $20MM, $7MM, ($15MM), and ($5MM) for 2026 YTD, 2025 YTD, 2024 YTD, and 2023 YTD, respectively. G 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 $25MM, $23MM, and $29MM for 3Q26, 2Q26, and 3Q25, respectively, and $24MM, $35MM, $34MM, and $30MM 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. $ in millions 3Q26 2Q26 3Q25 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 $ 4,694 $ 1,045 $ 5,739 $ 4,375 $ 1,160 $ 5,535 $ 4,582 $ 1,009 $ 5,591 Global Wealth & Investment Management 2,053 17 2,070 1,884 11 1,895 1,686 4 1,690 Global Banking 2,745 210 2,955 2,822 215 3,037 2,876 269 3,145 Global Markets 1,669 3 1,672 3,549 (11) 3,538 2,321 9 2,330 All Other (2,033) (6) (2,039) (902) (9) (911) (903) 4 (899) Reconciliation 3Q26 Reported Regulatory Settlement Charge 3Q26 Adjusted Noninterest expense ($B) $19.7 1.2 $18.5 Pretax income ($B) 9.0 (1.2) 10.2 Net income ($B) 6.9 (1.2) 8.1 Net income applicable to common shareholders ($B) 6.5 (1.2) 7.7 Diluted earnings per share1 $0.91 ($0.17) $1.08 Reconciliation 3Q26 Reported Regulatory Settlement Charge 3Q26 Adjusted Return on average common shareholders’ equity2 9.4 % (173) bps 11.1 % Return on average tangible common shareholders’ equity3 12.6 (231) bps 14.9 Efficiency ratio4 66 401 bps 62 Effective tax rate5 23 267 bps 20

Business Leadership Sources (A) FFIEC Call Reports, 2Q26. (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) P&I Research Center, 2026. (G) WealthManagement.com,* 2026. (H) Coalition Greenwich Digital Transformation Benchmarking Program, 2025. (I) Euromoney, 2026. (J) Treasury Management International, 2026. (K) Asian Banker, 2026. (L) Coalition Greenwich, 2026. (M) GlobalCapital, 2026. (N) IFR, 2025. (O) Global Markets Choice Awards, 2026. (P) SRP Americas Awards, 2026. (Q) LSEG-Refinitiv, 2026 YTD. (R) Extel, 2025. 27 * 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, net interest yield, 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, including related to the adequacy of the Corporation's anti-money laundering and economic sanctions programs (including the consent orders associated therewith) and 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, 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 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, profitability 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. 28

Important Presentation Information 29 • 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 common 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 September 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 has not provided a reconciliation of forward-looking estimates of net interest income on an FTE basis (as defined below) to the most directly comparable GAAP measure as it cannot be prepared without unreasonable effort. • The Corporation also measures net interest income, revenue, and certain 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 $161MM, $163MM, $162MM, $165MM, and $154MM for 3Q26, 2Q26, 1Q26, 4Q25, and 3Q25, respectively. • 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 and investors with information about underlying operational performance and trends. KPIs are presented herein, including in the 3Q26 Highlights on slides 2 and 5 and on Summary Income Statement for each segment. • 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-09302026ex993.htm THE SUPPLEMENTAL INFORMATION Document

Supplemental Information

Third 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
Year-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)
	Nine Months Ended September 30						Third Quarter 2026			Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025
	2026			2025
Income statement
Net interest income	$	48,191		$	44,346		$	16,449		$	15,997		$	15,745		$	15,750		$	15,233
Noninterest income	43,597			40,384			13,509			15,561			14,527			12,617			13,807
Total revenue, net of interest expense	91,788			84,730			29,958			31,558			30,272			28,367			29,040
Provision for credit losses	3,972			4,367			1,269			1,366			1,337			1,308			1,295
Noninterest expense	56,880			52,290			19,722			18,627			18,531			17,437			17,337
Income before income taxes	30,936			28,073			8,967			11,565			10,404			9,622			10,408
Pretax, pre-provision income (1)	34,908			32,440			10,236			12,931			11,741			10,930			11,703
Income tax expense	6,345			5,211			2,034			2,491			1,820			1,975			2,076
Net income	24,591			22,862			6,933			9,074			8,584			7,647			8,332
Preferred stock dividends	1,147			1,126			392			326			429			328			429
Net income applicable to common shareholders	23,444			21,736			6,541			8,748			8,155			7,319			7,903
Diluted earnings per common share	3.23			2.84			0.91			1.21			1.11			0.98			1.04
Average diluted common shares issued and outstanding	7,312.5			7,724.7			7,222.2			7,294.2			7,417.5			7,546.9			7,627.1
Dividends paid per common share	$	0.88		$	0.80		$	0.32		$	0.28		$	0.28		$	0.28		$	0.28

Performance ratios
Return on average assets	0.94		%	0.90		%	0.79		%	1.03		%	0.99		%	0.89		%	0.96		%
Return on average common shareholders’ equity	11.35			10.63			9.41			12.71			11.95			10.45			11.40
Return on average shareholders’ equity	10.91			10.30			9.14			12.09			11.51			9.98			11.01
Return on average tangible common shareholders’ equity (2)	15.20			14.30			12.60			17.03			16.00			13.97			15.29

Efficiency ratio	61.97			61.71			65.83			59.02			61.22			61.47			59.70


At period end
Book value per share of common stock	$	39.26		$	37.72		$	39.26		$	39.34		$	38.66		$	38.44		$	37.72
Tangible book value per share of common stock (2)	29.14			28.16			29.14			29.37			28.84			28.73			28.16
Market capitalization	376,802			378,125			376,802			399,884			347,583			396,686			378,125
Number of financial centers - U.S.	3,531			3,649			3,531			3,530			3,540			3,628			3,649
Number of branded ATMs - U.S.	14,965			14,920			14,965			14,939			14,902			14,909			14,920
Headcount	209,911			213,384			209,911			211,304			212,134			213,207			213,384

(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 common 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 common 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)
	Nine Months Ended September 30				Third Quarter 2026		Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025
	2026		2025
Net interest income
Interest income	$	101,448	$	104,305	$	34,257	$	33,832	$	33,359	$	34,261	$	35,366
Interest expense	53,257		59,959		17,808		17,835		17,614		18,511		20,133
Net interest income	48,191		44,346		16,449		15,997		15,745		15,750		15,233

Noninterest income
Fees and commissions	32,426		29,221		10,797		11,080		10,549		10,181		10,337
Market making and similar activities	10,174		9,940		2,360		4,177		3,637		2,074		3,203
Other income	997		1,223		352		304		341		362		267
Total noninterest income	43,597		40,384		13,509		15,561		14,527		12,617		13,807
Total revenue, net of interest expense	91,788		84,730		29,958		31,558		30,272		28,367		29,040

Provision for credit losses	3,972		4,367		1,269		1,366		1,337		1,308		1,295

Noninterest expense
Compensation and benefits	33,290		31,744		10,969		10,987		11,334		10,602		10,523
Information processing and communications	5,950		5,540		2,008		1,924		2,018		1,913		1,827
Occupancy and equipment	5,781		5,564		1,967		1,914		1,900		1,884		1,872
Product delivery and transaction related	3,623		2,913		1,170		1,327		1,126		1,011		1,025

Professional fees	1,762		1,898		606		573		583		682		606
Marketing	1,938		1,641		669		736		533		563		572
Other general operating	4,536		2,990		2,333		1,166		1,037		782		912
Total noninterest expense	56,880		52,290		19,722		18,627		18,531		17,437		17,337
Income before income taxes	30,936		28,073		8,967		11,565		10,404		9,622		10,408
Income tax expense	6,345		5,211		2,034		2,491		1,820		1,975		2,076
Net income	$	24,591	$	22,862	$	6,933	$	9,074	$	8,584	$	7,647	$	8,332
Preferred stock dividends	1,147		1,126		392		326		429		328		429

Net income applicable to common shareholders	$	23,444	$	21,736	$	6,541	$	8,748	$	8,155	$	7,319	$	7,903

Per common share information
Earnings	$	3.28	$	2.87	$	0.93	$	1.22	$	1.12	$	0.99	$	1.06
Diluted earnings	3.23		2.84		0.91		1.21		1.11		0.98		1.04
Average common shares issued and outstanding	7,152.7		7,574.5		7,052.5		7,151.2		7,256.1		7,364.9		7,466.0
Average diluted common shares issued and outstanding	7,312.5		7,724.7		7,222.2		7,294.2		7,417.5		7,546.9		7,627.1


Consolidated Statement of Comprehensive Income
(Dollars in millions)
	Nine Months Ended September 30				Third Quarter 2026		Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025
	2026		2025
Net income	$	24,591	$	22,862	$	6,933	$	9,074	$	8,584	$	7,647	$	8,332
Other comprehensive income (loss), net-of-tax:
Net change in debt securities	(2,348)		489		(1,871)		52		(529)		667		438
Net change in debit valuation adjustments	349		(161)		90		(401)		660		(168)		(305)
Net change in derivatives	(2,874)		3,145		(1,496)		(751)		(627)		445		636
Employee benefit plan adjustments	110		37		39		36		35		282		(16)
Net change in foreign currency translation adjustments	19		30		1		9		9		(7)		6
Other comprehensive income (loss)	(4,744)		3,540		(3,237)		(1,055)		(452)		1,219		759
Comprehensive income	$	19,847	$	26,402	$	3,696	$	8,019	$	8,132	$	8,866	$	9,091


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)
	Nine Months Ended September 30				Third Quarter 2026		Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025
	2026		2025
Net interest income
Interest income
Loans and leases	$	47,833	$	47,065	$	16,487	$	15,863	$	15,483	$	16,015	$	16,191
Debt securities	18,265		20,638		5,942		6,032		6,291		6,755		6,958
Federal funds sold and securities borrowed or purchased under agreements to resell	12,256		11,670		4,214		4,185		3,857		3,763		3,802
Trading account assets	9,417		9,260		3,156		3,063		3,198		2,979		3,195
Other interest income	13,677		15,672		4,458		4,689		4,530		4,749		5,220
Total interest income	101,448		104,305		34,257		33,832		33,359		34,261		35,366

Interest expense
Deposits	22,278		26,245		7,605		7,372		7,301		8,268		8,932
Short-term borrowings	19,448		21,570		6,331		6,607		6,510		6,472		7,172
Trading account liabilities	2,298		2,055		797		756		745		602		672
Long-term debt	9,233		10,089		3,075		3,100		3,058		3,169		3,357
Total interest expense	53,257		59,959		17,808		17,835		17,614		18,511		20,133
Net interest income	$	48,191	$	44,346	$	16,449	$	15,997	$	15,745	$	15,750	$	15,233

Noninterest income
Fees and commissions
Card income
Interchange fees (1)	$	2,706	$	2,942	$	894	$	947	$	865	$	934	$	990
Other card income	1,931		1,851		667		636		628		632		639
Total card income	4,637		4,793		1,561		1,583		1,493		1,566		1,629
Service charges
Deposit-related fees	3,964		3,760		1,322		1,336		1,306		1,284		1,267
Lending-related fees	1,092		1,048		354		370		368		365		365
Total service charges	5,056		4,808		1,676		1,706		1,674		1,649		1,632
Investment and brokerage services
Asset management fees	13,369		11,408		4,630		4,427		4,312		4,193		3,972
Brokerage fees	3,586		3,248		1,131		1,226		1,229		1,107		1,091
Total investment and brokerage services	16,955		14,656		5,761		5,653		5,541		5,300		5,063
Investment banking fees
Underwriting income	3,146		2,568		975		1,220		951		752		992
Syndication fees	1,050		1,096		353		360		337		324		438
Financial advisory services	1,582		1,300		471		558		553		590		583
Total investment banking fees	5,778		4,964		1,799		2,138		1,841		1,666		2,013
Total fees and commissions	32,426		29,221		10,797		11,080		10,549		10,181		10,337
Market making and similar activities	10,174		9,940		2,360		4,177		3,637		2,074		3,203
Other income (loss)	997		1,223		352		304		341		362		267
Total noninterest income	$	43,597	$	40,384	$	13,509	$	15,561	$	14,527	$	12,617	$	13,807

(1)Gross interchange fees and merchant income were $10.7 billion and $10.2 billion and are presented net of $8.0 billion and $7.3 billion of expenses for rewards and partner payments as well as certain other card costs for the nine months ended September 30, 2026 and 2025. Gross interchange fees and merchant income were $3.6 billion, $3.7 billion, $3.4 billion, $3.6 billion and $3.4 billion and are presented net of $2.7 billion, $2.7 billion, $2.5 billion, $2.6 billion and $2.5 billion of expenses for rewards and partner payments as well as certain other card costs for the third, second and first quarters of 2026 and the fourth and third 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)
		September 30 2026		June 30 2026		September 30 2025
Assets
Cash and due from banks		$	26,907	$	28,100	$	25,352
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks		222,736		201,645		221,155
Cash and cash equivalents		249,643		229,745		246,507
Time deposits placed and other short-term investments		8,638		9,447		8,212
Federal funds sold and securities borrowed or purchased under agreements to resell		347,125		412,415		325,800
Trading account assets		332,475		358,748		335,566
Derivative assets		53,148		45,336		42,115
Debt securities:
Carried at fair value		345,636		363,419		404,636
Held-to-maturity, at amortized cost		496,398		505,799		531,414
Total debt securities		842,034		869,218		936,050
Loans and leases		1,251,260		1,217,619		1,165,900
Allowance for loan and lease losses		(13,005)		(13,114)		(13,252)
Loans and leases, net of allowance		1,238,255		1,204,505		1,152,648
Premises and equipment, net		13,906		12,788		12,348
Goodwill		69,021		69,021		69,021
Loans held-for-sale		8,102		6,535		6,831
Customer and other receivables		91,685		106,269		99,863
Other assets		173,672		175,164		168,188
Total assets		$	3,427,704	$	3,499,191	$	3,403,149

Liabilities
Deposits in U.S. offices:
Noninterest-bearing		$	534,129	$	529,985	$	510,208
Interest-bearing		1,357,525		1,357,513		1,354,445
Deposits in non-U.S. offices:
Noninterest-bearing		14,545		14,358		14,690
Interest-bearing		132,559		123,268		122,865
Total deposits		2,038,758		2,025,124		2,002,208
Federal funds purchased and securities loaned or sold under agreements to repurchase		315,418		332,218		342,588
Trading account liabilities		109,805		123,162		117,322
Derivative liabilities		49,246		42,577		40,157
Short-term borrowings		62,230		59,979		54,200
Accrued expenses and other liabilities		236,811		275,174		232,753
Long-term debt		318,687		339,863		311,484
Total liabilities		3,130,955		3,198,097		3,100,712
Shareholders’ equity
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,950,961, 3,951,164 and 3,991,164 shares		24,996		24,996		25,992
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 6,922,695,323, 7,017,967,460 and 7,329,421,929 shares		8,210		13,611		31,764
Retained earnings		278,813		274,520		256,426
Accumulated other comprehensive income (loss)		(15,270)		(12,033)		(11,745)
Total shareholders’ equity		296,749		301,094		302,437
Total liabilities and shareholders’ equity		$	3,427,704	$	3,499,191	$	3,403,149

	Assets of consolidated variable interest entities included in total assets above (isolated to settle the liabilities of the variable interest entities)
	Trading account assets	$	7,600	$	7,703	$	6,063
	Loans and leases	17,330		17,905		18,007
	Allowance for loan and lease losses	(849)		(858)		(889)
	Loans and leases, net of allowance	16,481		17,047		17,118

	All other assets	1,079		889		614
	Total assets of consolidated variable interest entities	$	25,160	$	25,639	$	23,795

	Liabilities of consolidated variable interest entities included in total liabilities above
	Short-term borrowings	$	7,272	$	6,964	$	4,980
	Long-term debt	7,343		7,555		8,420
	All other liabilities	19		20		22
	Total liabilities of consolidated variable interest entities	$	14,634	$	14,539	$	13,422


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)
	September 30 2026			June 30 2026			September 30 2025
Risk-based capital metrics (1, 2):
Standardized Approach
Common equity tier 1 capital	$	198,407		$	201,581		$	202,875
Tier 1 capital	223,370			226,568			228,829
Total capital	259,252			262,752			263,433
Risk-weighted assets	1,823,896			1,792,202			1,750,950
Common equity tier 1 capital ratio	10.9		%	11.2		%	11.6		%
Tier 1 capital ratio	12.2			12.6			13.1
Total capital ratio	14.2			14.7			15.0

Advanced Approaches
Common equity tier 1 capital	$	198,407		$	201,581		$	202,875
Tier 1 capital	223,370			226,568			228,829
Total capital	248,413			252,284			252,730
Risk-weighted assets	1,650,419			1,612,592			1,546,142
Common equity tier 1 capital ratio	12.0		%	12.5		%	13.1		%
Tier 1 capital ratio	13.5			14.0			14.8
Total capital ratio	15.1			15.6			16.3

Leverage-based metrics (1, 2):
Adjusted average assets	$	3,392,241		$	3,452,090		$	3,356,512
Tier 1 leverage ratio	6.6		%	6.6		%	6.8		%

Supplementary leverage exposure	$	4,083,134		$	4,121,831		$	3,976,630
Supplementary leverage ratio	5.5		%	5.5		%	5.8		%


Common equity ratio	7.9			7.9			8.1

Tangible common equity ratio (3)	6.0			6.0			6.2

(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 September 30, 2025.

(2)Regulatory capital ratios at September 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 Total capital ratio under the Standardized approach at September 30, 2026 and September 30, 2025, and the Tier 1 capital ratio under the Standardized approach at June 30, 2026.

(3)Tangible common equity ratio equals period-end tangible common shareholders’ equity divided by period-end tangible assets. Tangible common shareholders’ equity and tangible assets are non-GAAP financial measures. We believe the use of ratios that utilize tangible common 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)
	September 30 2026		June 30 2026		September 30 2025
Total common shareholders' equity	$	271,753	$	276,098	$	276,445
Impact of change in accounting method (1)	—		—		1,715
Goodwill, net of related deferred tax liabilities	(68,651)		(68,651)		(68,653)
Deferred tax assets arising from net operating loss and tax credit carryforwards	(8,672)		(8,561)		(8,483)
Intangibles, other than mortgage servicing rights, net of related deferred tax liabilities	(1,343)		(1,357)		(1,401)
Defined benefit pension plan net assets, net-of-tax	(905)		(886)		(838)
Cumulative unrealized net (gain) loss related to changes in fair value of financial liabilities attributable to own creditworthiness, net-of-tax	1,348		1,541		1,645
Accumulated net (gain) loss on certain cash flow hedges (2)	4,894		3,413		2,464
Other	(17)		(16)		(19)
Common equity tier 1 capital	198,407		201,581		202,875
Qualifying preferred stock, net of issuance cost	24,995		24,995		25,991
Other	(32)		(8)		(37)
Tier 1 capital	223,370		226,568		228,829
Tier 2 capital instruments	21,924		22,348		20,502
Qualifying allowance for credit losses	14,240		14,318		14,420
Other	(282)		(482)		(318)
Total capital under the Standardized approach	259,252		262,752		263,433
Adjustment in qualifying allowance for credit losses under the Advanced approaches	(10,839)		(10,468)		(10,703)
Total capital under the Advanced approaches	$	248,413	$	252,284	$	252,730

(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 September 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)
	Third Quarter 2026						Second Quarter 2026						Third 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	$	230,507	$	2,080	3.58	%	$	254,700	$	2,215	3.49	%	$	264,233	$	2,698	4.05	%
Time deposits placed and other short-term investments	12,164		90		2.93		11,839		93		3.15		9,716		88		3.59
Federal funds sold and securities borrowed or purchased under agreements to resell	362,890		4,214		4.61		373,297		4,185		4.50		316,603		3,802		4.76
Trading account assets	237,502		3,193		5.34		240,768		3,097		5.16		239,048		3,222		5.35
Debt securities	861,088		5,956		2.75		880,724		6,051		2.74		932,588		6,975		2.97
Loans and leases (2)
Residential mortgage	236,433		2,153		3.64		236,187		2,106		3.57		235,301		2,070		3.52
Home equity	27,370		385		5.58		27,099		370		5.48		26,413		390		5.86
Credit card	105,802		2,914		10.93		103,640		2,794		10.81		100,966		2,932		11.52

Direct/Indirect and other consumer	118,423		1,531		5.13		116,455		1,484		5.11		110,127		1,525		5.49

Total consumer	488,028		6,983		5.69		483,381		6,754		5.60		472,807		6,917		5.82
U.S. commercial	485,010		6,281		5.14		482,510		6,034		5.01		443,274		5,953		5.33
Non-U.S. commercial	164,025		2,033		4.92		164,502		1,940		4.73		154,458		2,121		5.45
Commercial real estate	73,346		1,038		5.62		70,280		985		5.62		66,494		1,044		6.23
Commercial lease financing	15,609		201		5.13		15,846		200		5.06		16,002		216		5.37
Total commercial	737,990		9,553		5.14		733,138		9,159		5.01		680,228		9,334		5.45
Total loans and leases	1,226,018		16,536		5.36		1,216,519		15,913		5.24		1,153,035		16,251		5.60
Other earning assets	128,190		2,349		7.27		128,879		2,441		7.60		124,965		2,484		7.89
Total earning assets	3,058,359		34,418		4.47		3,106,726		33,995		4.39		3,040,188		35,520		4.64
Cash and due from banks	26,266						26,656						24,963
Other assets, less allowance for loan and lease losses	387,236						398,186						368,296
Total assets	$	3,471,861					$	3,531,568					$	3,433,447
Interest-bearing liabilities
U.S. interest-bearing deposits

Demand and money market deposits	$	1,103,073	$	5,198	1.87	%	$	1,108,939	$	5,042	1.82	%	$	1,095,931	$	6,063	2.19	%

Time and savings deposits	249,651		1,662		2.64		254,022		1,661		2.62		257,475		1,941		2.99
Total U.S. interest-bearing deposits	1,352,724		6,860		2.01		1,362,961		6,703		1.97		1,353,406		8,004		2.35




Non-U.S. interest-bearing deposits	132,664		745		2.23		126,738		669		2.11		125,309		928		2.94
Total interest-bearing deposits	1,485,388		7,605		2.03		1,489,699		7,372		1.98		1,478,715		8,932		2.40
Federal funds purchased and securities loaned or sold under agreements to repurchase	337,187		4,092		4.81		353,243		4,135		4.70		392,431		4,800		4.85
Short-term borrowings and other interest-bearing liabilities	204,194		2,239		4.35		228,651		2,472		4.34		178,368		2,372		5.28
Trading account liabilities	60,534		797		5.22		57,026		756		5.32		52,452		672		5.08
Long-term debt	247,313		3,075		4.95		256,197		3,100		4.85		247,425		3,357		5.40
Total interest-bearing liabilities	2,334,616		17,808		3.03		2,384,816		17,835		3.00		2,349,391		20,133		3.40
Noninterest-bearing sources
Noninterest-bearing deposits	536,695						533,251						512,719
Other liabilities (3)	299,669						312,517						270,956
Shareholders’ equity	300,881						300,984						300,381
Total liabilities and shareholders’ equity	$	3,471,861					$	3,531,568					$	3,433,447
Net interest spread					1.44	%					1.39	%					1.24	%
Impact of noninterest-bearing sources					0.72						0.69						0.77
Net interest income/yield on earning assets (4)			$	16,610	2.16	%			$	16,160	2.08	%			$	15,387	2.01	%

(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 $86.7 billion, $84.6 billion and $66.2 billion of structured notes and liabilities for the third and second quarters of 2026 and the third quarter of 2025, respectively.

(4)Net interest income includes FTE adjustments of $161 million, $163 million and $154 million for the third and second quarters of 2026 and the third 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)
	September 30, 2026
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available-for-sale debt securities
Mortgage-backed securities:
Agency	$	39,186	$	23	$	(1,964)	$	37,245
Agency-collateralized mortgage obligations	16,265		1		(302)		15,964
Commercial	43,318		126		(928)		42,516
Non-agency residential	75		1		(28)		48
Total mortgage-backed securities	98,844		151		(3,222)		95,773
U.S. Treasury and government agencies	175,017		71		(1,439)		173,649
Non-U.S. securities	46,315		19		(66)		46,268
Other taxable securities	6,235		2		(88)		6,149

Tax-exempt securities	7,216		7		(248)		6,975
Total available-for-sale debt securities	333,627		250		(5,063)		328,814
Other debt securities carried at fair value (1)	16,922		73		(173)		16,822
Total debt securities carried at fair value	350,549		323		(5,236)		345,636
Held-to-maturity debt securities
Agency mortgage-backed securities	370,073		—		(87,397)		282,676
U.S. Treasury and government agencies	121,273		—		(15,621)		105,652
Other taxable securities	5,080		1		(896)		4,185
Total held-to-maturity debt securities	496,426		1		(103,914)		392,513
Total debt securities	$	846,975	$	324	$	(109,150)	$	738,149


	June 30, 2026
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

(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)

	Nine Months Ended September 30						Third Quarter 2026			Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025
	2026			2025






FTE basis data (1)
Net interest income	$	48,677		$	44,790		$	16,610		$	16,160		$	15,907		$	15,915		$	15,387
Total revenue, net of interest expense	92,274			85,174			30,119			31,721			30,434			28,532			29,194
Net interest yield	2.10		%	1.98		%	2.16		%	2.08		%	2.07		%	2.08		%	2.01		%
Efficiency ratio	61.64			61.39			65.48			58.72			60.89			61.11			59.39

(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 $486 million and $444 million for the nine months ended September 30, 2026 and 2025, $161 million, $163 million and $162 million for the third, second and first quarters of 2026, and $165 million and $154 million for the fourth and third 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)
	Third Quarter 2026
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Net interest income	$	16,610	$	9,431	$	1,963	$	3,259	$	2,008	$	(51)
Noninterest income
Fees and commissions:
Card income	1,561		1,332		—		212		17		—
Service charges	1,676		641		31		930		74		—
Investment and brokerage services	5,761		108		4,956		17		683		(3)
Investment banking fees	1,799		—		86		971		767		(25)
Total fees and commissions	10,797		2,081		5,073		2,130		1,541		(28)
Market making and similar activities	2,360		7		33		69		2,554		(303)
Other income (loss)	352		53		49		747		(236)		(261)
Total noninterest income (loss)	13,509		2,141		5,155		2,946		3,859		(592)
Total revenue, net of interest expense	30,119		11,572		7,118		6,205		5,867		(643)
Provision for credit losses	1,269		1,045		17		210		3		(6)
Noninterest expense	19,722		5,833		5,048		3,250		4,195		1,396
Income (loss) before income taxes	9,128		4,694		2,053		2,745		1,669		(2,033)
Income tax expense (benefit)	2,195		1,173		513		755		434		(680)
Net income (loss)	$	6,933	$	3,521	$	1,540	$	1,990	$	1,235	$	(1,353)

Average
Total loans and leases	$	1,226,018	$	320,953	$	278,642	$	418,883	$	200,645	$	6,895
Total assets (1)	3,471,861		1,032,792		326,364		769,684		1,091,797		251,224
Total deposits	2,022,083		948,635		278,937		668,588		38,309		87,614
Period end
Total loans and leases	$	1,251,260	$	321,968	$	283,377	$	428,146	$	210,590	$	7,179
Total assets (1)	3,427,704		1,034,324		328,816		784,081		1,052,335		228,148
Total deposits	2,038,758		949,142		279,723		683,867		38,449		87,577

	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)	3,499,191		1,039,051		327,667		761,395		1,106,999		264,079
Total deposits	2,025,124		953,195		278,155		662,867		38,146		92,761

(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)
	Third Quarter 2025
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Net interest income	$	15,387	$	8,988	$	1,800	$	3,141	$	1,484	$	(26)
Noninterest income
Fees and commissions:
Card income	1,629		1,403		6		204		17		(1)
Service charges	1,632		645		30		863		93		1
Investment and brokerage services	5,063		94		4,334		24		614		(3)
Investment banking fees	2,013		—		65		1,155		834		(41)
Total fees and commissions	10,337		2,142		4,435		2,246		1,558		(44)
Market making and similar activities	3,203		5		31		73		3,141		(47)
Other income (loss)	267		31		46		729		42		(581)
Total noninterest income (loss)	13,807		2,178		4,512		3,048		4,741		(672)
Total revenue, net of interest expense	29,194		11,166		6,312		6,189		6,225		(698)
Provision for credit losses	1,295		1,009		4		269		9		4
Noninterest expense	17,337		5,575		4,622		3,044		3,895		201
Income (loss) before income taxes	10,562		4,582		1,686		2,876		2,321		(903)
Income tax expense (benefit)	2,230		1,145		421		791		673		(800)
Net income (loss)	$	8,332	$	3,437	$	1,265	$	2,085	$	1,648	$	(103)

Average
Total loans and leases	$	1,153,035	$	320,297	$	245,523	$	388,482	$	190,994	$	7,739
Total assets (1)	3,433,447		1,029,529		320,484		730,206		1,024,300		328,928
Total deposits	1,991,434		947,414		276,534		631,560		37,588		98,338
Period end
Total loans and leases	$	1,165,900	$	321,905	$	252,986	$	386,828	$	196,759	$	7,422
Total assets (1)	3,403,149		1,032,826		325,605		737,640		997,908		309,170
Total deposits	2,002,208		949,100		278,931		640,801		36,883		96,493

(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 Results by Business Segment and All Other
(Dollars in millions)
	Nine Months Ended September 30, 2026
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Net interest income	$	48,677	$	27,630	$	5,713	$	9,687	$	5,780	$	(133)
Noninterest income
Fees and commissions:
Card income	4,637		3,951		7		630		49		—
Service charges	5,056		1,918		93		2,766		276		3
Investment and brokerage services	16,955		316		14,420		57		2,172		(10)
Investment banking fees	5,778		—		256		3,172		2,494		(144)
Total fees and commissions	32,426		6,185		14,776		6,625		4,991		(151)
Market making and similar activities	10,174		21		96		209		10,697		(849)
Other income (loss)	997		121		116		2,207		(470)		(977)
Total noninterest income (loss)	43,597		6,327		14,988		9,041		15,218		(1,977)
Total revenue, net of interest expense	92,274		33,957		20,701		18,728		20,998		(2,110)
Provision for credit losses	3,972		3,337		30		610		19		(24)
Noninterest expense	56,880		17,471		14,962		9,672		13,049		1,726
Income (loss) before income taxes	31,422		13,149		5,709		8,446		7,930		(3,812)
Income tax expense (benefit)	6,831		3,287		1,427		2,323		2,062		(2,268)
Net income (loss)	$	24,591	$	9,862	$	4,282	$	6,123	$	5,868	$	(1,544)

Average
Total loans and leases	$	1,210,822	$	321,387	$	270,410	$	409,825	$	202,290	$	6,910
Total assets (1)	3,505,158		1,036,245		329,461		758,056		1,104,606		276,790
Total deposits	2,020,672		952,126		282,341		656,090		38,725		91,390
Period end
Total loans and leases	$	1,251,260	$	321,968	$	283,377	$	428,146	$	210,590	$	7,179
Total assets (1)	3,427,704		1,034,324		328,816		784,081		1,052,335		228,148
Total deposits	2,038,758		949,142		279,723		683,867		38,449		87,577

	Nine Months Ended September 30, 2025
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Net interest income	$	44,790	$	26,219	$	5,327	$	9,373	$	3,940	$	(69)
Noninterest income
Fees and commissions:
Card income	4,793		4,115		26		613		50		(11)
Service charges	4,808		1,890		85		2,553		276		4
Investment and brokerage services	14,656		262		12,456		65		1,883		(10)
Investment banking fees	4,964		—		199		2,769		2,181		(185)
Total fees and commissions	29,221		6,267		12,766		6,000		4,390		(202)
Market making and similar activities	9,940		19		93		207		10,063		(442)
Other income (loss)	1,223		(33)		79		2,290		399		(1,512)
Total noninterest income (loss)	40,384		6,253		12,938		8,497		14,852		(2,156)
Total revenue, net of interest expense	85,174		32,472		18,265		17,870		18,792		(2,225)
Provision for credit losses	4,367		3,583		38		700		59		(13)
Noninterest expense	52,290		16,968		13,874		9,298		11,512		638
Income (loss) before income taxes	28,517		11,921		4,353		7,872		7,221		(2,850)
Income tax expense (benefit)	5,655		2,980		1,088		2,165		2,094		(2,672)
Net income (loss)	$	22,862	$	8,941	$	3,265	$	5,707	$	5,127	$	(178)

Average
Total loans and leases	$	1,125,293	$	318,178	$	238,457	$	385,062	$	175,777	$	7,819
Total assets (1)	3,404,555		1,030,874		323,735		702,678		1,005,714		341,554
Total deposits	1,974,630		948,983		279,883		603,591		38,141		104,032
Period end
Total loans and leases	$	1,165,900	$	321,905	$	252,986	$	386,828	$	196,759	$	7,422
Total assets (1)	3,403,149		1,032,826		325,605		737,640		997,908		309,170
Total deposits	2,002,208		949,100		278,931		640,801		36,883		96,493

(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)
	Nine Months Ended September 30						Third Quarter 2026			Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025
	2026			2025
Net interest income	$	27,630		$	26,219		$	9,431		$	9,206		$	8,993		$	9,090		$	8,988
Noninterest income:
Card income	3,951			4,115			1,332			1,346			1,273			1,341			1,403
Service charges	1,918			1,890			641			639			638			638			645

All other income	458			248			168			145			145			132			130
Total noninterest income	6,327			6,253			2,141			2,130			2,056			2,111			2,178
Total revenue, net of interest expense	33,957			32,472			11,572			11,336			11,049			11,201			11,166

Provision for credit losses	3,337			3,583			1,045			1,160			1,132			1,066			1,009

Noninterest expense	17,471			16,968			5,833			5,801			5,837			5,729			5,575
Income before income taxes	13,149			11,921			4,694			4,375			4,080			4,406			4,582
Income tax expense	3,287			2,980			1,173			1,094			1,020			1,102			1,145
Net income	$	9,862		$	8,941		$	3,521		$	3,281		$	3,060		$	3,304		$	3,437

Net interest yield	3.70		%	3.53		%	3.76		%	3.68		%	3.66		%	3.64		%	3.59		%
Efficiency ratio	51.45			52.25			50.40			51.18			52.82			51.15			49.92
Return on average allocated capital (1)	29			27			31			29			27			30			31

Balance Sheet
Average
Total loans and leases	$	321,387		$	318,178		$	320,953		$	321,056		$	322,164		$	322,678		$	320,297
Total earning assets (2)	997,864			993,484			994,343			1,002,799			996,431			989,897			992,007
Total assets (2)	1,036,245			1,030,874			1,032,792			1,041,292			1,034,670			1,027,783			1,029,529
Total deposits	952,126			948,983			948,635			956,957			950,809			945,394			947,414
Allocated capital (1)	45,500			44,000			45,500			45,500			45,500			44,000			44,000

Period end
Total loans and leases	$	321,968		$	321,905		$	321,968		$	322,271		$	321,196		$	325,871		$	321,905
Total earning assets (2)	994,547			994,931			994,547			999,457			1,019,832			998,969			994,931
Total assets (2)	1,034,324			1,032,826			1,034,324			1,039,051			1,058,618			1,039,346			1,032,826
Total deposits	949,142			949,100			949,142			953,195			973,306			956,265			949,100

(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)
	Nine Months Ended September 30						Third Quarter 2026			Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025
	2026			2025
Average deposit balances
Checking	$	563,092		$	553,681		$	561,088		$	567,531		$	560,652		$	555,202		$	553,438
Savings	51,205			52,630			50,561			51,807			51,256			50,843			51,840
MMS	228,043			237,502			225,660			229,194			229,315			228,437			232,892
CDs and IRAs	106,177			101,566			107,788			104,768			105,954			107,364			105,633
Other	3,609			3,604			3,538			3,657			3,632			3,548			3,611
Total average deposit balances	$	952,126		$	948,983		$	948,635		$	956,957		$	950,809		$	945,394		$	947,414

Deposit spreads (excludes noninterest costs)
Checking	3.15		%	2.89		%	3.22		%	3.15		%	3.07		%	3.02		%	2.96		%
Savings	3.46			3.21			3.53			3.46			3.39			3.33			3.28
MMS	3.65			3.45			3.70			3.64			3.59			3.56			3.52
CDs and IRAs	1.28			1.47			1.28			1.31			1.24			1.25			1.37
Other	3.63			4.19			3.63			3.57			3.68			4.27			4.13
Total deposit spreads	3.08			2.90			3.13			3.08			3.01			2.97			2.94

Consumer investment assets (1)	$	664,439		$	580,391		$	664,439		$	639,517		$	573,254		$	599,110		$	580,391

Active digital banking users (in thousands) (2)	50,381			49,198			50,381			49,834			49,986			49,323			49,198
Active mobile banking users (in thousands) (3)	42,596			41,258			42,596			42,056			41,766			41,427			41,258
Financial centers	3,531			3,649			3,531			3,530			3,540			3,628			3,649
ATMs	14,965			14,920			14,965			14,939			14,902			14,909			14,920

Total credit card (4)
Loans
Average credit card outstandings	$	104,187		$	100,387		$	105,802		$	103,640		$	103,087		$	102,992		$	100,966
Ending credit card outstandings	107,342			102,109			107,342			105,659			102,833			106,027			102,109
Credit quality
Net charge-offs	$	2,702		$	2,835		$	859		$	919		$	924		$	882		$	880
	3.47		%	3.78		%	3.22		%	3.55		%	3.64		%	3.40		%	3.46		%
30+ delinquency	$	2,488		$	2,464		$	2,488		$	2,352		$	2,512		$	2,604		$	2,464
	2.32		%	2.41		%	2.32		%	2.23		%	2.44		%	2.46		%	2.41		%
90+ delinquency	$	1,211		$	1,259		$	1,211		$	1,241		$	1,341		$	1,352		$	1,259
	1.13		%	1.23		%	1.13		%	1.17		%	1.30		%	1.27		%	1.23		%
Other total credit card indicators (4)
Gross interest yield	11.49		%	12.12		%	11.47		%	11.36		%	11.64		%	11.76		%	12.17		%
Risk-adjusted margin	6.63			7.08			6.74			6.47			6.69			7.02			7.48
New accounts (in thousands)	2,899			2,676			1,016			999			884			855			929
Purchase volumes	$	295,727		$	278,138		$	100,878		$	101,877		$	92,972		$	99,622		$	95,116

Debit card data
Purchase volumes	$	480,902		$	439,533		$	164,779		$	164,189		$	151,934		$	155,070		$	150,048

Loan production (5)
Consumer Banking:
First mortgage	$	9,290		$	7,961		$	2,727		$	3,497		$	3,066		$	4,176		$	3,052
Home equity	6,857			6,401			2,453			2,404			2,000			2,159			2,326
Total (6):
First mortgage	$	21,544		$	17,863		$	6,853		$	8,259		$	6,432		$	8,463		$	6,751
Home equity	8,335			7,780			2,974			2,899			2,462			2,620			2,800

(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)
	Nine Months Ended September 30						Third Quarter 2026			Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025
	2026			2025
Net interest income	$	5,713		$	5,327		$	1,963		$	1,888		$	1,862		$	1,870		$	1,800
Noninterest income:
Investment and brokerage services	14,420			12,456			4,956			4,793			4,671			4,563			4,334
All other income	568			482			199			190			179			185			178
Total noninterest income	14,988			12,938			5,155			4,983			4,850			4,748			4,512
Total revenue, net of interest expense	20,701			18,265			7,118			6,871			6,712			6,618			6,312

Provision for credit losses	30			38			17			11			2			(3)			4

Noninterest expense	14,962			13,874			5,048			4,976			4,938			4,747			4,622
Income before income taxes	5,709			4,353			2,053			1,884			1,772			1,874			1,686
Income tax expense	1,427			1,088			513			471			443			469			421
Net income	$	4,282		$	3,265		$	1,540		$	1,413		$	1,329		$	1,405		$	1,265

Net interest yield	2.42		%	2.30		%	2.49		%	2.42		%	2.37		%	2.39		%	2.33		%
Efficiency ratio	72.27			75.96			70.91			72.41			73.58			71.75			73.22

Return on average allocated capital (1)	26			22			28			26			24			28			26

Balance Sheet
Average
Total loans and leases	$	270,410		$	238,457		$	278,642		$	270,257		$	262,150		$	256,968		$	245,523
Total earning assets (2)	314,976			309,882			312,385			313,639			318,978			309,916			306,384
Total assets (2)	329,461			323,735			326,364			328,688			333,409			324,446			320,484
Total deposits	282,341			279,883			278,937			281,593			286,578			279,456			276,534
Allocated capital (1)	22,250			19,750			22,250			22,250			22,250			19,750			19,750


Period end
Total loans and leases	$	283,377		$	252,986		$	283,377		$	276,980		$	264,070		$	261,303		$	252,986
Total earning assets (2)	315,159			310,732			315,159			311,564			321,554			320,899			310,732
Total assets (2)	328,816			325,605			328,816			327,667			336,511			335,495			325,605
Total deposits	279,723			278,931			279,723			278,155			287,719			289,854			278,931

(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)
	Nine Months Ended September 30				Third Quarter 2026		Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025
	2026		2025
Revenue by Business
Merrill Wealth Management	$	17,195	$	15,222	$	5,905	$	5,711	$	5,579	$	5,494	$	5,261
Bank of America Private Bank	3,506		3,043		1,213		1,160		1,133		1,124		1,051

Total revenue, net of interest expense	$	20,701	$	18,265	$	7,118	$	6,871	$	6,712	$	6,618	$	6,312

Client Balances by Business, at period end
Merrill Wealth Management	$	4,240,601	$	3,896,124	$	4,240,601	$	4,132,451	$	3,815,389	$	3,992,312	$	3,896,124
Bank of America Private Bank	816,186		744,675		816,186		801,945		757,017		759,082		744,675

Total client balances	$	5,056,787	$	4,640,799	$	5,056,787	$	4,934,396	$	4,572,406	$	4,751,394	$	4,640,799

Client Balances by Type, at period end


Assets under management (1)	$	2,370,848	$	2,109,946	$	2,370,848	$	2,327,766	$	2,115,782	$	2,177,708	$	2,109,946
Brokerage and other assets	2,164,406		2,040,748		2,164,406		2,094,157		1,946,617		2,067,937		2,040,748

Deposits	279,723		278,931		279,723		278,155		287,719		289,854		278,931
Loans and leases (2)	286,092		255,381		286,092		279,618		266,657		263,819		255,381
Less: Managed deposits in assets under management	(44,282)		(44,207)		(44,282)		(45,300)		(44,369)		(47,924)		(44,207)
Total client balances	$	5,056,787	$	4,640,799	$	5,056,787	$	4,934,396	$	4,572,406	$	4,751,394	$	4,640,799

Assets Under Management Rollforward
Assets under management, beginning balance	$	2,177,708	$	1,882,211	$	2,327,766	$	2,115,782	$	2,177,708	$	2,109,946	$	1,986,523
Net client flows	54,025		61,788		19,980		13,673		20,372		20,209		23,517

Market valuation/other	139,115		165,947		23,102		198,311		(82,298)		47,553		99,906
Total assets under management, ending balance	$	2,370,848	$	2,109,946	$	2,370,848	$	2,327,766	$	2,115,782	$	2,177,708	$	2,109,946

(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)
	Nine Months Ended September 30						Third Quarter 2026			Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025
	2026			2025
Net interest income	$	9,687		$	9,373		$	3,259		$	3,198		$	3,230		$	3,238		$	3,141
Noninterest income:
Service charges	2,766			2,553			930			932			904			885			863
Investment banking fees	3,172			2,769			971			1,154			1,047			973			1,155
All other income	3,103			3,175			1,045			952			1,106			1,142			1,030
Total noninterest income	9,041			8,497			2,946			3,038			3,057			3,000			3,048
Total revenue, net of interest expense	18,728			17,870			6,205			6,236			6,287			6,238			6,189

Provision for credit losses	610			700			210			215			185			243			269

Noninterest expense	9,672			9,298			3,250			3,199			3,223			3,118			3,044
Income before income taxes	8,446			7,872			2,745			2,822			2,879			2,877			2,876
Income tax expense	2,323			2,165			755			776			792			791			791
Net income	$	6,123		$	5,707		$	1,990		$	2,046		$	2,087		$	2,086		$	2,085

Net interest yield	1.87		%	1.97		%	1.83		%	1.86		%	1.91		%	1.86		%	1.87		%
Efficiency ratio	51.64			52.03			52.36			51.30			51.27			50.01			49.16
Return on average allocated capital (1)	15			15			15			15			16			16			16

Balance Sheet
Average
Total loans and leases	$	409,825		$	385,062		$	418,883		$	413,364		$	396,988		$	386,319		$	388,482
Total earning assets (2)	693,506			637,605			704,930			689,980			685,393			690,069			665,143
Total assets (2)	758,056			702,678			769,684			754,368			749,898			754,999			730,206
Total deposits	656,090			603,591			668,588			651,867			647,583			656,120			631,560
Allocated capital (1)	54,250			50,750			54,250			54,250			54,250			50,750			50,750

Period end
Total loans and leases	$	428,146		$	386,828		$	428,146		$	412,294		$	406,982		$	388,998		$	386,828
Total earning assets (2)	719,228			671,971			719,228			695,499			681,219			671,354			671,971
Total assets (2)	784,081			737,640			784,081			761,395			745,299			734,710			737,640
Total deposits	683,867			640,801			683,867			662,867			647,018			641,211			640,801

(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)
	Nine Months Ended September 30						Third Quarter 2026			Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025
	2026			2025
Investment Banking fees (1)
Advisory (2)	$	1,436		$	1,166		$	422		$	517		$	497		$	541		$	536
Debt issuance	1,234			1,227			397			417			420			321			472
Equity issuance	502			376			152			220			130			111			147
Total Investment Banking fees (3)	$	3,172		$	2,769		$	971		$	1,154		$	1,047		$	973		$	1,155

Business Lending
Corporate	$	3,002		$	3,000		$	1,017		$	893		$	1,092		$	1,031		$	1,045
Commercial	3,367			3,385			1,112			1,118			1,137			1,181			1,135
Business Banking	148			165			50			50			48			51			56
Total Business Lending revenue	$	6,517		$	6,550		$	2,179		$	2,061		$	2,277		$	2,263		$	2,236

Global Transaction Services
Corporate	$	4,218		$	3,884		$	1,413		$	1,399		$	1,406		$	1,415		$	1,326
Commercial	3,405			3,093			1,192			1,118			1,095			1,131			1,043
Business Banking	1,222			1,091			435			403			384			397			370
Total Global Transaction Services revenue	$	8,845		$	8,068		$	3,040		$	2,920		$	2,885		$	2,943		$	2,739

Average deposit balances
Interest-bearing	$	501,379		$	453,341		$	511,953		$	498,484		$	493,498		$	502,455		$	483,285
Noninterest-bearing	154,711			150,250			156,635			153,383			154,085			153,665			148,275
Total average deposits	$	656,090		$	603,591		$	668,588		$	651,867		$	647,583		$	656,120		$	631,560



Provision for credit losses	$	610		$	700		$	210		$	215		$	185		$	243		$	269

Credit quality (4, 5)
Reservable criticized utilized exposure	$	16,850		$	22,637		$	16,850		$	18,639		$	20,576		$	21,010		$	22,637
	3.71		%	5.55		%	3.71		%	4.27		%	4.79		%	5.11		%	5.55		%

Nonperforming loans, leases and foreclosed properties	$	2,450		$	2,395		$	2,450		$	2,577		$	2,550		$	2,620		$	2,395
	0.57		%	0.62		%	0.57		%	0.63		%	0.63		%	0.68		%	0.62		%

Average loans and leases by product
U.S. commercial	$	257,115		$	240,725		$	260,864		$	260,750		$	249,606		$	242,890		$	244,131
Non-U.S. commercial	84,522			79,547			87,763			84,824			80,905			78,363			79,811
Commercial real estate	52,023			48,528			54,403			51,696			49,922			48,313			48,256
Commercial lease financing	16,165			16,261			15,853			16,094			16,555			16,752			16,282
Other	—			1			—			—			—			1			2
Total average loans and leases	$	409,825		$	385,062		$	418,883		$	413,364		$	396,988		$	386,319		$	388,482

Total Corporation Investment Banking fees
Advisory (2)	$	1,582		$	1,300		$	471		$	558		$	553		$	590		$	583
Debt issuance	3,057			2,888			958			1,113			986			810			1,109
Equity issuance	1,283			962			395			535			353			297			362
Total investment banking fees including self-led deals	5,922			5,150			1,824			2,206			1,892			1,697			2,054
Self-led deals	(144)			(186)			(25)			(68)			(51)			(31)			(41)
Total Investment Banking fees	$	5,778		$	4,964		$	1,799		$	2,138		$	1,841		$	1,666		$	2,013

(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)
	Nine Months Ended September 30						Third Quarter 2026			Second Quarter 2026			First Quarter 2026			Fourth Quarter 2025			Third Quarter 2025
	2026			2025
Net interest income	$	5,780		$	3,940		$	2,008		$	1,911		$	1,861		$	1,750		$	1,484
Noninterest income:
Investment and brokerage services	2,172			1,883			683			729			760			628			614
Investment banking fees	2,494			2,181			767			965			762			656			834
Market making and similar activities	10,697			10,063			2,554			4,422			3,721			2,001			3,141
All other income	(145)			725			(145)			(5)			5			269			152
Total noninterest income	15,218			14,852			3,859			6,111			5,248			3,554			4,741
Total revenue, net of interest expense (1)	20,998			18,792			5,867			8,022			7,109			5,304			6,225

Provision for credit losses	19			59			3			(11)			27			12			9

Noninterest expense	13,049			11,512			4,195			4,484			4,370			3,906			3,895
Income before income taxes	7,930			7,221			1,669			3,549			2,712			1,386			2,321
Income tax expense	2,062			2,094			434			923			705			402			673
Net income	$	5,868		$	5,127		$	1,235		$	2,626		$	2,007		$	984		$	1,648

Efficiency ratio	62.15		%	61.26		%	71.51		%	55.90		%	61.47		%	73.64		%	62.58		%

Return on average allocated capital (2)	15			14			9			20			15			8			13

Balance Sheet
Average
Total trading-related assets	$	735,415		$	681,789		$	729,338		$	746,938		$	729,973		$	666,609		$	676,621
Total loans and leases	202,290			175,777			200,645			204,994			201,237			197,822			190,994
Total earning assets	876,507			802,377			869,392			885,914			874,270			820,324			813,197
Total assets	1,104,606			1,005,714			1,091,797			1,120,548			1,101,576			1,026,282			1,024,300
Total deposits	38,725			38,141			38,309			38,129			39,752			37,875			37,588
Allocated capital (2)	53,500			49,000			53,500			53,500			53,500			49,000			49,000


Period end
Total trading-related assets	$	681,904		$	638,176		$	681,904		$	733,711		$	727,035		$	670,949		$	638,176
Total loans and leases	210,590			196,759			210,590			198,678			205,941			202,733			196,759
Total earning assets	825,364			793,246			825,364			873,890			866,402			814,196			793,246
Total assets	1,052,335			997,908			1,052,335			1,106,999			1,091,745			1,032,858			997,908
Total deposits	38,449			36,883			38,449			38,146			38,012			40,614			36,883

Trading-related assets (average)
Trading account securities	$	373,323		$	350,777		$	361,207		$	371,536		$	387,514		$	357,802		$	361,610
Reverse repurchases	163,240			150,511			164,491			168,093			157,053			132,317			138,908
Securities borrowed	150,829			139,764			152,239			159,969			140,148			135,904			135,615
Derivative assets	48,023			40,737			51,401			47,340			45,258			40,586			40,488
Total trading-related assets	$	735,415		$	681,789		$	729,338		$	746,938		$	729,973		$	666,609		$	676,621

(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)
	Nine Months Ended September 30				Third Quarter 2026		Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025
	2026		2025
Sales and trading revenue (1)
Fixed-income, currencies and commodities	$	9,586	$	9,766	$	2,565	$	3,476	$	3,545	$	2,501	$	3,092
Equities	8,974		6,589		2,510		3,622		2,842		2,015		2,270
Total sales and trading revenue	$	18,560	$	16,355	$	5,075	$	7,098	$	6,387	$	4,516	$	5,362

Sales and trading revenue, excluding net debit valuation adjustment (2,3)
Fixed-income, currencies and commodities	$	9,580	$	9,791	$	2,548	$	3,536	$	3,496	$	2,517	$	3,078
Equities	8,954		6,582		2,507		3,619		2,828		2,016		2,270
Total sales and trading revenue, excluding net debit valuation adjustment	$	18,534	$	16,373	$	5,055	$	7,155	$	6,324	$	4,533	$	5,348

Sales and trading revenue breakdown
Net interest income	$	5,325	$	3,493	$	1,868	$	1,765	$	1,692	$	1,612	$	1,340
Commissions	2,172		1,882		684		728		760		628		614
Trading	10,696		10,061		2,554		4,421		3,721		2,001		3,140
Other	367		919		(31)		184		214		275		268
Total sales and trading revenue	$	18,560	$	16,355	$	5,075	$	7,098	$	6,387	$	4,516	$	5,362

(1) Includes Global Banking sales and trading revenue of $644 million and $347 million for the nine months ended September 30, 2026 and 2025, $175 million, $227 million and $242 million for the third, second and first quarters of 2026, and $183 million and $172 million for the fourth and third and 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 $26 million and $(18) million for the nine months ended September 30, 2026 and 2025, $20 million, $(57) million and $63 million for the third, second and first quarters of 2026, and $(17) million and $14 million for the fourth and third quarters of 2025, respectively. FICC net DVA gains (losses) were $6 million and $(25) million for the nine months ended September 30, 2026 and 2025, $17 million, $(60) million and $49 million for the third, second and first quarters of 2026, and $(16) million and $14 million for the fourth and third quarters of 2025, respectively. Equities net DVA gains (losses) were $20 million and $7 million for the nine months ended September 30, 2026 and 2025, $3 million, $3 million and $14 million for the third, second and first quarters of 2026, and $(1) million and $0 for the fourth and third 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)
	Nine Months Ended September 30				Third Quarter 2026		Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025
	2026		2025
Net interest income	$	(133)	$	(69)	$	(51)	$	(43)	$	(39)	$	(33)	$	(26)





Noninterest income (loss)	(1,977)		(2,156)		(592)		(701)		(684)		(796)		(672)
Total revenue, net of interest expense	(2,110)		(2,225)		(643)		(744)		(723)		(829)		(698)

Provision for credit losses	(24)		(13)		(6)		(9)		(9)		(10)		4



Noninterest expense	1,726		638		1,396		167		163		(63)		201
Loss before income taxes	(3,812)		(2,850)		(2,033)		(902)		(877)		(756)		(903)
Income tax expense (benefit)	(2,268)		(2,672)		(680)		(610)		(978)		(624)		(800)
Net income (loss)	$	(1,544)	$	(178)	$	(1,353)	$	(292)	$	101	$	(132)	$	(103)

Balance Sheet
Average
Total loans and leases	$	6,910	$	7,819	$	6,895	$	6,848	$	6,989	$	7,108	$	7,739
Total assets (2)	276,790		341,554		251,224		286,672		292,937		294,281		328,928
Total deposits	91,390		104,032		87,614		94,404		92,207		93,678		98,338

Period end
Total loans and leases	$	7,179	$	7,422	$	7,179	$	7,396	$	6,846	$	6,795	$	7,422

Total assets (3)	228,148		309,170		228,148		264,079		264,013		269,329		309,170
Total deposits	87,577		96,493		87,577		92,761		91,608		90,785		96,493

(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 $987.8 billion and $984.3 billion for the nine months ended September 30, 2026 and 2025, and $976.8 billion, $984.1 billion, $1.0 trillion, $1.0 trillion and $994.4 billion for the third, second and first quarters of 2026, and the fourth and third quarters of 2025, respectively.

(3)Includes elimination of segments’ excess asset allocations to match liabilities (i.e., deposits) and allocated shareholders’ equity of $981.7 billion and $982.1 billion at September 30, 2026 and June 30, 2026, and $1.0 trillion at March 31, 2026, December 31, 2025 and September 30, 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)
	September 30 2026		June 30 2026		September 30 2025
Consumer
Residential mortgage	$	236,522	$	236,316	$	235,429
Home equity	27,417		27,114		26,482
Credit card	107,342		105,659		102,109
Direct/Indirect consumer (1)	119,356		118,327		111,412
Other consumer (2)	156		182		169
Total consumer loans excluding loans accounted for under the fair value option	490,793		487,598		475,601
Consumer loans accounted for under the fair value option (3)	156		159		165
Total consumer	490,949		487,757		475,766

Commercial
U.S. commercial	472,395		456,632		429,202
Non-U.S. commercial	170,299		159,894		148,707
Commercial real estate (4)	75,222		71,097		66,986
Commercial lease financing	15,265		15,402		16,282
	733,181		703,025		661,177
U.S. small business commercial	23,945		23,637		22,428
Total commercial loans excluding loans accounted for under the fair value option	757,126		726,662		683,605
Commercial loans accounted for under the fair value option (3)	3,185		3,200		6,529
Total commercial	760,311		729,862		690,134

Total loans and leases	$	1,251,260	$	1,217,619	$	1,165,900

(1)Includes primarily auto and specialty lending loans and leases of $50.9 billion, $52.4 billion and $55.1 billion, U.S. securities-based lending loans of $64.3 billion, $61.9 billion and $52.5 billion and non-U.S. consumer loans of $3.3 billion, $3.2 billion and $3.0 billion at September 30, 2026, June 30, 2026 and September 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 $52 million, $55 million and $59 million and home equity loans of $104 million, $104 million and $106 million at September 30, 2026, June 30, 2026 and September 30, 2025, respectively. Commercial loans accounted for under the fair value option includes U.S. commercial loans of $2.1 billion, $2.2 billion and $2.2 billion and non-U.S. commercial loans of $1.0 billion, $1.0 billion and $4.3 billion at September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

(4)Includes U.S. commercial real estate loans of $69.0 billion, $65.9 billion and $61.1 billion and non-U.S. commercial real estate loans of $6.3 billion, $5.2 billion and $5.9 billion at September 30, 2026, June 30, 2026 and September 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)
	Third Quarter 2026
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Consumer
Residential mortgage	$	236,433	$	115,104	$	113,112	$	—	$	2,953	$	5,264
Home equity	27,370		23,277		3,054		—		95		944
Credit card	105,802		102,097		3,706		—		—		(1)
Direct/Indirect and other consumer	118,423		51,697		66,722		—		—		4
Total consumer	488,028		292,175		186,594		—		3,048		6,211

Commercial
U.S. commercial	485,010		28,754		82,371		260,864		112,824		197
Non-U.S. commercial	164,025		—		661		87,763		74,887		714
Commercial real estate	73,346		24		9,016		54,403		9,886		17
Commercial lease financing	15,609		—		—		15,853		—		(244)
Total commercial	737,990		28,778		92,048		418,883		197,597		684
Total loans and leases	$	1,226,018	$	320,953	$	278,642	$	418,883	$	200,645	$	6,895

	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

	Third Quarter 2025
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		All Other
Consumer
Residential mortgage	$	235,301	$	116,968	$	109,023	$	2	$	3,395	$	5,913
Home equity	26,413		22,404		2,783		—		101		1,125
Credit card	100,966		97,481		3,485		—		—		—
Direct/Indirect and other consumer	110,127		55,151		54,973		—		—		3
Total consumer	472,807		292,004		170,264		2		3,496		7,041

Commercial
U.S. commercial	443,274		28,271		66,143		244,131		104,599		130
Non-U.S. commercial	154,458		—		643		79,811		73,173		831
Commercial real estate	66,494		22		8,473		48,256		9,726		17
Commercial lease financing	16,002		—		—		16,282		—		(280)
Total commercial	680,228		28,293		75,259		388,480		187,498		698
Total loans and leases	$	1,153,035	$	320,297	$	245,523	$	388,482	$	190,994	$	7,739


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
	September 30 2026		June 30 2026		September 30 2025		September 30 2026		June 30 2026		September 30 2025
Asset managers and funds	$	168,022	$	158,972	$	145,980	$	257,435	$	244,880	$	223,876
Finance companies	100,138		92,461		85,106		135,102		129,861		121,131
Capital goods	56,350		56,536		54,930		118,771		119,644		106,394
Real estate(5)	74,731		70,197		69,485		106,632		99,742		97,680
Healthcare equipment and services	39,308		39,552		36,812		72,654		74,237		68,106
Individuals and trusts	52,513		51,250		42,112		66,819		66,984		56,245
Materials	30,078		30,374		29,167		62,261		61,528		60,707
Consumer services	30,645		29,019		30,481		57,498		56,212		55,297
Retailing	28,014		26,404		27,022		57,082		56,795		55,603
Food, beverage and tobacco	25,614		24,802		25,087		55,497		53,498		51,328
Government and public education	33,645		34,112		32,253		52,585		50,651		51,589
Commercial services and supplies	27,566		27,640		24,662		50,269		49,700		46,191
Utilities	20,721		20,560		19,390		48,481		46,788		44,483
Energy	17,108		14,425		12,553		42,453		40,347		36,055
Transportation	25,966		25,826		23,532		42,173		38,852		36,736
Media	15,029		12,303		10,812		37,900		35,445		24,995
Technology hardware and equipment	16,042		14,155		10,269		36,125		35,373		30,031
Software and services	16,470		16,308		14,620		34,170		33,089		32,158
Global commercial banks	28,173		24,268		24,329		31,804		27,074		28,344
Insurance	13,332		12,432		11,411		26,667		25,075		23,525
Pharmaceuticals and biotechnology	9,211		8,397		7,097		26,528		26,820		22,463
Vehicle dealers	19,888		19,833		19,113		25,974		25,049		24,665
Consumer durables and apparel	9,812		9,838		9,592		21,861		21,888		21,516
Automobiles and components	7,551		7,348		7,888		17,514		16,291		17,052
Telecommunication services	8,687		6,784		7,025		17,184		17,141		15,628
Food and staples retailing	6,212		5,936		6,103		11,772		11,703		11,250
Financial markets infrastructure (clearinghouses)	6,721		5,013		6,437		9,767		8,368		8,671
Religious and social organizations	2,190		2,301		2,407		4,155		4,247		4,073

Total commercial credit exposure by industry	$	889,737	$	847,046	$	795,675	$	1,527,133	$	1,477,282	$	1,375,792

(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 $83.6 billion, $84.0 billion and $69.3 billion at September 30, 2026, June 30, 2026 and September 30, 2025, respectively. Not reflected in utilized and committed exposure is additional non-cash derivative collateral held of $33.6 billion, $34.0 billion and $27.8 billion, which consists primarily of other marketable securities, at September 30, 2026, June 30, 2026 and September 30, 2025, respectively.

(2)Total utilized and total committed exposure includes loans of $3.2 billion, $3.2 billion and $6.5 billion and issued letters of credit with a notional amount of $85 million, $64 million and $87 million accounted for under the fair value option at September 30, 2026, June 30, 2026 and September 30, 2025, respectively. In addition, total committed exposure includes unfunded loan commitments accounted for under the fair value option with a notional amount of $3.7 billion, $3.2 billion and $2.2 billion at September 30, 2026, June 30, 2026 and September 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)
	September 30 2026			June 30 2026			March 31 2026			December 31 2025			September 30 2025
Residential mortgage	$	2,076		$	2,049		$	2,103		$	2,008		$	1,972
Home equity	366			371			391			392			386
Direct/Indirect consumer	168			170			186			176			173
Total consumer	2,610			2,590			2,680			2,576			2,531
U.S. commercial	1,702			1,674			1,488			1,404			1,131
Non-U.S. commercial	249			312			334			80			107
Commercial real estate	888			1,068			1,191			1,596			1,470
Commercial lease financing	59			62			85			97			59
	2,898			3,116			3,098			3,177			2,767
U.S. small business commercial	36			45			53			51			49
Total commercial	2,934			3,161			3,151			3,228			2,816
Total nonperforming loans and leases	5,544			5,751			5,831			5,804			5,347
Foreclosed properties	105			119			102			101			123
Total nonperforming loans, leases, and foreclosed properties (1, 2)	$	5,649		$	5,870		$	5,933		$	5,905		$	5,470

Fully-insured home loans past due 30 days or more and still accruing	$	415		$	420		$	458		$	450		$	439
Consumer credit card past due 30 days or more and still accruing	2,488			2,352			2,512			2,604			2,464
Other loans past due 30 days or more and still accruing	3,757			3,220			4,248			3,834			3,637
Total loans past due 30 days or more and still accruing (3, 4)	$	6,660		$	5,992		$	7,218		$	6,888		$	6,540

Fully-insured home loans past due 90 days or more and still accruing	$	218		$	219		$	240		$	207		$	201
Consumer credit card past due 90 days or more and still accruing	1,211			1,241			1,341			1,351			1,260
Other loans past due 90 days or more and still accruing	475			402			436			563			637
Total loans past due 90 days or more and still accruing (4)	$	1,904		$	1,862		$	2,017		$	2,121		$	2,098

Nonperforming loans, leases and foreclosed properties/Total assets (5)	0.16		%	0.17		%	0.17		%	0.17		%	0.16		%
Nonperforming loans, leases and foreclosed properties/Total loans, leases and foreclosed properties (5)	0.45			0.48			0.49			0.50			0.47
Nonperforming loans and leases/Total loans and leases (5)	0.44			0.47			0.49			0.49			0.46
Commercial reservable criticized utilized exposure (6)	$	19,906		$	22,074		$	24,339		$	24,748		$	26,332
Commercial reservable criticized utilized exposure/Commercial reservable utilized exposure (5)	2.49		%	2.89		%	3.21		%	3.37		%	3.67		%
Total commercial criticized utilized exposure/Commercial utilized exposure (6)	2.50			2.90			3.20			3.36			3.62

(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 $334 million, $358 million, $500 million, $517 million and $521 million at September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively.

(3)Balances do not include loans held-for-sale past due 30 days or more and still accruing of $67 million, $16 million, $4 million, $9 million and $49 million at September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 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 $3.3 billion, $3.4 billion, $3.8 billion, $3.5 billion and $6.7 billion at September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 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)
	Third Quarter 2026		Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025
Nonperforming Consumer Loans and Leases:
Balance, beginning of period	$	2,590	$	2,680	$	2,576	$	2,531	$	2,564

Additions	291		305		395		294		253


Reductions:
Paydowns and payoffs	(118)		(135)		(118)		(103)		(137)
Sales	—		(87)		—		—		(1)
Returns to performing status (2)	(133)		(156)		(150)		(131)		(136)
Charge-offs (3)	(15)		(12)		(15)		(10)		(5)
Transfers to foreclosed properties	(5)		(5)		(8)		(5)		(7)

Total net additions (reductions) to nonperforming loans and leases	20		(90)		104		45		(33)
Total nonperforming consumer loans and leases, end of period	2,610		2,590		2,680		2,576		2,531
Foreclosed properties	86		97		92		90		97
Nonperforming consumer loans, leases and foreclosed properties, end of period	$	2,696	$	2,687	$	2,772	$	2,666	$	2,628

Nonperforming Commercial Loans and Leases (4):
Balance, beginning of period	$	3,161	$	3,151	$	3,228	$	2,816	$	3,417

Additions	432		680		665		883		550
Reductions:
Paydowns	(297)		(205)		(278)		(259)		(834)
Sales	(57)		(126)		(225)		(30)		(19)
Returns to performing status (5)	(79)		(71)		(2)		(5)		(12)
Charge-offs	(226)		(254)		(237)		(177)		(286)
Transfers to foreclosed properties	—		(14)		—		—		—

Total net additions (reductions) to nonperforming loans and leases	(227)		10		(77)		412		(601)
Total nonperforming commercial loans and leases, end of period	2,934		3,161		3,151		3,228		2,816
Foreclosed properties	19		22		10		11		26
Nonperforming commercial loans, leases and foreclosed properties, end of period	$	2,953	$	3,183	$	3,161	$	3,239	$	2,842

(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)
	Third Quarter 2026				Second Quarter 2026				First Quarter 2026				Fourth Quarter 2025				Third Quarter 2025
	Amount		Percent		Amount		Percent		Amount		Percent		Amount		Percent		Amount		Percent
Net Charge-offs
Residential mortgage	$	—	—	%	$	1	—	%	$	5	0.01	%	$	(2)	—	%	$	(1)	—	%
Home equity	(5)		(0.08)		(6)		(0.09)		(7)		(0.09)		(8)		(0.12)		(11)		(0.17)
Credit card	859		3.22		919		3.55		924		3.64		882		3.40		880		3.46

Direct/Indirect consumer	61		0.20		56		0.19		74		0.26		63		0.22		55		0.20
Other consumer	82		n/m		70		n/m		63		n/m		57		n/m		55		n/m
Total consumer	997		0.81		1,040		0.86		1,059		0.89		992		0.82		978		0.82
U.S. commercial	80		0.07		180		0.16		132		0.12		92		0.09		135		0.13
Non-U.S. commercial	36		0.09		53		0.13		7		0.02		24		0.06		—		—
Total commercial and industrial	116		0.07		233		0.15		139		0.09		116		0.08		135		0.09
Commercial real estate	105		0.56		2		0.01		56		0.33		46		0.27		120		0.72
Commercial lease financing	(1)		—		—		—		12		0.30		3		0.07		—		—
	220		0.12		235		0.13		207		0.12		165		0.10		255		0.16
U.S. small business commercial	132		2.22		137		2.35		143		2.55		130		2.29		134		2.41
Total commercial	352		0.19		372		0.20		350		0.20		295		0.17		389		0.23
Total net charge-offs	$	1,349	0.44		$	1,412	0.47		$	1,409	0.48		$	1,287	0.44		$	1,367	0.47

By Business Segment and All Other
Consumer Banking	$	1,139	1.41	%	$	1,183	1.48	%	$	1,208	1.52	%	$	1,133	1.39	%	$	1,122	1.39	%
Global Wealth & Investment Management	13		0.02		9		0.01		13		0.02		5		0.01		8		0.01
Global Banking	209		0.20		231		0.23		164		0.17		160		0.17		250		0.26
Global Markets	—		—		—		—		33		0.07		—		—		(1)		—
All Other	(12)		(0.74)		(11)		(0.61)		(9)		(0.58)		(11)		(0.63)		(12)		(0.61)
Total net charge-offs	$	1,349	0.44		$	1,412	0.47		$	1,409	0.48		$	1,287	0.44		$	1,367	0.47

(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)
	Nine Months Ended September 30
	2026				2025
	Amount		Percent		Amount		Percent
Net Charge-offs
Residential mortgage	$	6	—	%	$	1	—	%
Home equity	(18)		(0.09)		(33)		(0.17)
Credit card	2,702		3.47		2,835		3.78

Direct/Indirect consumer	191		0.22		172		0.21
Other consumer	215		n/m		181		n/m
Total consumer	3,096		0.86		3,156		0.90
U.S. commercial	392		0.12		334		0.11
Non-U.S. commercial	96		0.08		7		0.01
Total commercial and industrial	488		0.11		341		0.08
Commercial real estate	163		0.31		445		0.90
Commercial lease financing	11		0.09		1		0.01
	662		0.13		787		0.17
U.S. small business commercial	412		2.37		401		2.49
Total commercial	1,074		0.20		1,188		0.24
Total net charge-offs	$	4,170	0.46		$	4,344	0.52

By Business Segment and All Other
Consumer Banking	$	3,530	1.47	%	$	3,584	1.51	%
Global Wealth & Investment Management	35		0.02		27		0.02
Global Banking	604		0.20		740		0.26
Global Markets	33		0.02		30		0.02
All Other	(32)		(0.64)		(37)		(0.64)
Total net charge-offs	$	4,170	0.46		$	4,344	0.52

(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)
	September 30, 2026		June 30, 2026			September 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%	$	313		0.13%	$	321	0.14%
Home equity	128		0.47	128			0.47	87		0.33
Credit card	7,012		6.53	7,060			6.68	7,272		7.12

Direct/Indirect consumer	663		0.56	681			0.58	713		0.64
Other consumer	54		n/m	64			n/m	59		n/m
Total consumer	8,170		1.66	8,246			1.69	8,452		1.78
U.S. commercial (2)	3,100		0.62	3,035			0.63	2,896		0.64
Non-U.S. commercial	827		0.49	868			0.54	813		0.55
Commercial real estate	854		1.14	908			1.28	1,045		1.56
Commercial lease financing	54		0.36	57			0.37	46		0.28
Total commercial	4,835		0.64	4,868			0.67	4,800		0.70
Allowance for loan and lease losses	13,005		1.04	13,114			1.08	13,252		1.14


Reserve for unfunded lending commitments	1,179			1,150				1,109
Allowance for credit losses	$	14,184		$	14,264			$	14,361

Asset Quality Indicators

Allowance for loan and lease losses/Total loans and leases (1)			1.04%				1.08%			1.14%

Allowance for loan and lease losses/Total nonperforming loans and leases			235				228			248

Ratio of the allowance for loan and lease losses/Annualized net charge-offs			2.43				2.32			2.44

(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 $1.4 billion at September 30, 2026, June 30, 2026 and September 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 common equity and tangible assets, each of which is a non-GAAP financial measure. Tangible common equity represents common shareholders’ equity reduced by goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities ("adjusted" 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). 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 common 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 nine months ended September 30, 2026 and 2025 and the three months ended September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 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.


	Nine Months Ended September 30				Third Quarter 2026		Second Quarter 2026		First Quarter 2026		Fourth Quarter 2025		Third Quarter 2025
	2026		2025





























Reconciliation of income before income taxes to pretax, pre-provision income
Income before income taxes	$	30,936	$	28,073	$	8,967	$	11,565	$	10,404	$	9,622	$	10,408
Provision for credit losses	3,972		4,367		1,269		1,366		1,337		1,308		1,295
Pretax, pre-provision income	$	34,908	$	32,440	$	10,236	$	12,931	$	11,741	$	10,930	$	11,703

Reconciliation of average common shareholders’ equity to average tangible common shareholders’ equity
Common shareholders’ equity	$	276,205	$	273,274	$	275,885	$	275,988	$	276,753	$	277,881	$	275,149
Goodwill	(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)
Intangible assets (excluding mortgage servicing rights)	(1,815)		(1,893)		(1,797)		(1,815)		(1,834)		(1,853)		(1,873)
Related deferred tax liabilities	820		845		815		820		825		827		839
Tangible common shareholders’ equity	$	206,189	$	203,205	$	205,882	$	205,972	$	206,723	$	207,834	$	205,094








Reconciliation of period-end common shareholders’ equity to period-end tangible common shareholders’ equity
Common shareholders’ equity	$	271,753	$	276,445	$	271,753	$	276,098	$	275,672	$	277,251	$	276,445
Goodwill	(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)
Intangible assets (excluding mortgage servicing rights)	(1,784)		(1,860)		(1,784)		(1,803)		(1,821)		(1,841)		(1,860)
Related deferred tax liabilities	812		828		812		816		821		825		828
Tangible common shareholders’ equity	$	201,760	$	206,392	$	201,760	$	206,090	$	205,651	$	207,214	$	206,392

Reconciliation of period-end assets to period-end tangible assets
Assets	$	3,427,704	$	3,403,149	$	3,427,704	$	3,499,191	$	3,496,186	$	3,411,738	$	3,403,149
Goodwill	(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)		(69,021)
Intangible assets (excluding mortgage servicing rights)	(1,784)		(1,860)		(1,784)		(1,803)		(1,821)		(1,841)		(1,860)
Related deferred tax liabilities	812		828		812		816		821		825		828
Tangible assets	$	3,357,711	$	3,333,096	$	3,357,711	$	3,429,183	$	3,426,165	$	3,341,701	$	3,333,096

Book value per share of common stock
Common shareholders’ equity	$	271,753	$	276,445	$	271,753	$	276,098	$	275,672	$	277,251	$	276,445
Ending common shares issued and outstanding	6,922.7		7,329.4		6,922.7		7,018.0		7,129.9		7,212.5		7,329.4
Book value per share of common stock	$	39.26	$	37.72	$	39.26	$	39.34	$	38.66	$	38.44	$	37.72

Tangible book value per share of common stock
Tangible common shareholders’ equity	$	201,760	$	206,392	$	201,760	$	206,090	$	205,651	$	207,214	$	206,392
Ending common shares issued and outstanding	6,922.7		7,329.4		6,922.7		7,018.0		7,129.9		7,212.5		7,329.4
Tangible book value per share of common stock	$	29.14	$	28.16	$	29.14	$	29.37	$	28.84	$	28.73	$	28.16


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