Filing Flows › Bank of America (BAC) › Q1 2026
Bank of America (BAC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Bank of America (BAC) reported revenue of $30.3B for the first quarter 2026 (Q1 2026), +7% from a year earlier and +7% from the quarter before. Operating margin was 34.4%, net earnings $8.6B (28.4% of revenue).
Bank of America, Q1 2026: revenue $30.3B (+7% year over year), operating margin 34.4%, net earnings $8.6B, operating cash flow $41.8B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.3B | +7% | +7% |
| Operating profit | $10.4B | -17% | +16% |
| Net earnings | $8.6B | +12% | +17% |
| Operating cash flow | $41.8B | — | — |
What changed
Revenue was $30.3B in Q1 2026, up 7% year over year and up 7% from the previous quarter.
Operating profit was $10.4B, a 34.4% margin (up 2.5 points year over year). Of the extra revenue versus a year earlier, 69% reached operating profit, above the 32% margin then. Total costs grew 3% against revenue growth of 7%. Net earnings were $8.6B, up 17% year over year. The effective tax rate was 17.5%.
Operating cash flow was $41.8B, 487% of net earnings. Non-cash charges added back $0.60B of depreciation and amortization and $1.0B of share-based compensation. Working capital and other items added $31.5B.
Questions
What was Bank of America's revenue in the first quarter 2026?
Bank of America (BAC) reported revenue of $30.3B for the first quarter 2026 (Q1 2026), +7% from a year earlier and +7% from the quarter before.
Was Bank of America profitable in the first quarter 2026?
Operating profit was $10.4B (34.4% of revenue) and net earnings $8.6B.
Source: Bank of America 10-Q on SEC EDGAR.