Bank of America Forecasts Higher Net Income in 2027 Amid Regulatory Settlement Costs
Bank of America (BAC) anticipates its net income will increase by at least 8% in 2027, despite absorbing $1.2 billion in regulatory settlement costs. During the Q3 2026 earnings call, CEO Brian Moynihan reported a net income of $6.9 billion after tax and earnings per share of $0.91 for that quarter. The bank has adjusted its financial results to reflect these nontax deductible expenses in an effort to provide clearer insights into performance trends. The forecast highlights the company's resilience amid regulatory challenges, suggesting strong operational underpinnings despite one-time costs.
Tickers: $BAC
Topics: Bank of America management commentary net income Q3 2026 earnings