Bank of America Reports 27% Profit Increase Amid Strong Commercial Loan Growth and Consumer Spending

Bank of America reported a 27% increase in profit to $9.1 billion during the second quarter, driven by strong commercial loan growth and resilient consumer spending. The bank's stock rose 2%, with net interest income exceeding expectations at $16 billion.

By Ines Ferré · Senior Business Reporter Updated Tue, July 14, 2026 at 5:08 PM GMT+3 2 min read · Yahoo Finance · July 14, 2026, 14:08 UTC

Tickers: $BAC $WFC

Topics: AI investments consumer spending net interest income stock performance US economy

Read the full article at Yahoo Finance

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