Bank of America (NYSE:BAC), the U.S. banking giant known for its vast retail, commercial, and investment banking operations, released its Q2 2025 earnings on July 16, 2025. The highlight of the announcement was earnings per share of $0.89 (GAAP), beating analyst expectations of $0.86 (GAAP). Net income (GAAP) rose to $7.1 billion, also ahead of the prior-year period. However, total revenue (GAAP) of $26.5 billion slightly missed consensus estimates of $26.77 billion. The quarter was marked by strong net interest and trading income. Overall, the period saw solid profit generation, ongoing deposit and loan growth, and a signal of growing capital returns.
Source: Analyst estimates for the quarter provided by FactSet.
Bank of America operates one of the largest consumer banks in the United States, with significant presences in commercial banking, investment banking, wealth management, and global markets. Its franchise spans retail branches, digital platforms, credit cards, lending, and securities trading for clients ranging from individuals to major corporations.