Bank of America said net income for the 3 and 9 months ended September 30, 2025 was $8.5 billion and $23.0 billion, or $1.06 and $2.85 per diluted share, compared to $6.9 billion and $20.5 billion for the same periods in 2024.

10-QQuarterly reportFiled Oct 31, 2025Period of report Sep 30, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Bank of America said net income for the 3 and 9 months ended September 30, 2025 was $8.5 billion and $23.0 billion, or $1.06 and $2.85 per diluted share, compared to $6.9 billion and $20.5 billion for the same periods in 2024.
The company said net interest income for the 3 months increased $1.3 billion to $15.2 billion, and noninterest income increased $1.5 billion to $12.9 billion. It cited higher net interest income related to Global Markets activity, fixed-asset repricing, and deposit and loan growth as factors for the increase in net interest income.
Bank of America said noninterest expense for the 3 months increased $858 million to $17.3 billion, and for the 9 months increased $2.3 billion to $52.3 billion. The company cited continued investments in the business and higher revenue-related expenses as factors, and added that the prior-year 9-month period included an accrual of $700 million for the increase in the Corporation's share of the Federal Deposit Insurance Corporation special assessment.
Bank of America said its stress capital buffer decreased to 2.5% from 3.2%, effective October 1, 2025, and on July 23, 2025 the Board authorized a $40 billion common stock repurchase program, effective August 1.

Key figures

Quarter ended September 30, 2025

Revenue: $28.1B
Net income: $8.5B
EPS: $1.06

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Quarterly and 9-Month Net Income and Earnings Per Share

Bank of America said net income for the 3 and 9 months ended September 30, 2025 was $8.5 billion and $23.0 billion, or $1.06 and $2.85 per diluted share, compared to $6.9 billion and $20.5 billion for the same periods in 2024.

Source · Based on the MD&A text of the filing

Net Interest Income and Noninterest Income Growth

The company said net interest income for the 3 months increased $1.3 billion to $15.2 billion, and noninterest income increased $1.5 billion to $12.9 billion. It cited higher net interest income related to Global Markets activity, fixed-asset repricing, and deposit and loan growth as factors for the increase in net interest income.

Source · Based on the MD&A text of the filing

Noninterest Expense Growth and Company Explanation

Bank of America said noninterest expense for the 3 months increased $858 million to $17.3 billion, and for the 9 months increased $2.3 billion to $52.3 billion. The company cited continued investments in the business and higher revenue-related expenses as factors, and added that the prior-year 9-month period included an accrual of $700 million for the increase in the Corporation's share of the Federal Deposit Insurance Corporation special assessment.

Source · Based on the MD&A text of the filing

Capital Management: Stress Capital Buffer Decrease and Share Repurchase Authorization

Bank of America said its stress capital buffer decreased to 2.5% from 3.2%, effective October 1, 2025, and on July 23, 2025 the Board authorized a $40 billion common stock repurchase program, effective August 1.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

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