Bank of America Posts Record Q2 Results

Bank of America Corporation(NYSE:BAC) reported its Q2 2025 earnings on July 16, 2025, posting $26.6 billion in revenue (+4% year-over-year), $7.1 billion in net income, and $0.89 EPS (+7% year-over-year), accompanied by record quarterly net interest income (NII) of $14.8 billion (+7%). The quarter also featured $5.3 billion in share repurchases, $2 billion in dividends paid, and confirmation of unchanged guidance for record net interest income (NII) in the second half of 2025, despite continued expense pressures and strategic reinvestment in artificial intelligence and digital capabilities.Average deposits exceeded $2 trillion, with average deposits growing for eight consecutive quarters outpacing industry growth rates (39% vs. 37%) and large bank growth rates (32%) from pre-pandemic to present. NII’s rise was made possible by disciplined deposit pricing—its cost was just 58 basis points for consumer and 146 basis points all-in—supporting resilient earnings and capital return potential.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool