StocksMedium•14 October 2026•
1 min read
Bank of America Misses Q3 Earnings and Revenue Estimates
Key Facts
1Bank of America reported Non-GAAP EPS of $1.08, missing analyst estimates by $0.02.
2The bank's revenue reached $30B, falling short of estimates by $540M.
Bank of America reported third-quarter financial results that missed analyst expectations for both earnings and revenue. According to Seeking Alpha, the bank posted adjusted earnings per share of $1.08, falling $0.02 short of estimates, while revenue reached $30B, missing projections by $540M.
The double miss follows a similar trend in the banking sector after a revenue shortfall at JPMorgan. Shares of BAC closed at $53.96 on October 13, 2026, while peer stocks JPM and WFC closed at $331.43 and $80.74 respectively on the same date.