Banking
Bank of America Corporation delivered strong financial performance in Q2 FY2026, with net income surging 26.6% year-over-year to $9.07B ($1.21 diluted EPS) on total net revenue of $31.56B, propelled by robust growth in both net interest income and noninterest revenue.
Key risk: Interest Rate and Funding Cost Volatility
Fluctuations in interest rates directly affect net interest yield and deposit costs across banking operations. In Q2 FY2026, interest-bearing liabilities carried an average rate of 3.00% against an earning asset yield of 4.39%.
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