Q1 2026 net income rises 17% to $8.6 billion on 7% revenue growth to $30.3 billion

Bank of America reported a strong Q1 2026 performance with net income rising 17% to $8.6 billion and revenue increasing 7% to $30.3 billion. This growth was driven by higher net interest income and robust performance in sales and trading, investment banking, and asset management fees. The bank also returned $9.3 billion to shareholders, boosting investor confidence and increasing tangible book value per share to $28.84.