Bank of America Non-GAAP EPS of $1.08 misses by $0.02, revenue of $30B misses by $540M

• Bank of America press release (BAC): Q3 Non-GAAP EPS of $1.08 misses by $0.02.
• Revenue of $30B (+6.8% Y/Y) misses by $540M.
• NII of $16.4 billion ($16.6 billion FTE),(A) up 8%.
• Provision for credit losses of $1.3 billion was relatively flat to 3Q25 and decreased from $1.4 billion in 2Q26.
• Return on average common shareholders' equity ratio of 9.4%; return on average tangible common shareholders' equity ratio of 12.6%;10 return on average assets of 0.79%.
• Book value per common share rose 4% to $39.26; tangible book value per common share rose 3% to $29.14.
• Average deposit balances of $2.02 trillion increased 2%.
• Average loans and leases of $1.23 trillion increased 6%.

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