BANK OF AMERICA CORP /DE/
For the period ended Jun 30, 2026. Filed Jul 31, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 31, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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All Other
| Three Months Ended June 30 · Six Months Ended June 30 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Dollars in millions) · 2026 · 2025 · % Change · 2026 · 2025 · % Change | ||||||||||||||
| Net interest income | $(43) | $(21) | 105% | $(82) | $(43) | 91% | ||||||||
| Noninterest income (loss) | (701) | (812) | (14) | (1,385) | (1,484) | (7) | ||||||||
| Total revenue, net of interest expense | (744) | (833) | (11) | (1,467) | (1,527) | (4) | ||||||||
| Provision for credit losses | (9) | (9) | — | (18) | (17) | 6 | ||||||||
| Noninterest expense | 167 | 147 | 14 | 330 | 437 | (24) | ||||||||
| Loss before income taxes | (902) | (971) | (7) | (1,779) | (1,947) | (9) | ||||||||
| Income tax benefit | (610) | (948) | (36) | (1,588) | (1,872) | (15) | ||||||||
| Net loss | $(292) | $(23) | n/m | $(191) | $(75) | n/m | ||||||||
| Balance Sheet | ||||||||||||||
| Three Months Ended June 30 · Six Months Ended June 30 | ||||||||||||||
| Average | 2026 | 2025 | % Change | 2026 | 2025 | % Change | ||||||||
| Total loans and leases | $6,848 | $7,702 | (11)% | $6,917 | $7,857 | (12)% | ||||||||
| Total assets (1) | 286,672 | 349,999 | (18) | 289,787 | 347,970 | (17) | ||||||||
| Total deposits | 94,404 | 103,500 | (9) | 93,310 | 106,925 | (13) | ||||||||
| Period end | June 302026 | December 312025 | % Change | |||||||||||
| Total loans and leases | $7,396 | $6,795 | 9% | |||||||||||
| Total assets (1) | 264,079 | 269,329 | (2) | |||||||||||
| Total deposits | 92,761 | 90,785 | 2 | |||||||||||
(1)In segments where the total of liabilities and equity exceeds assets, which are generally deposit-taking segments, we allocate assets from All Other to those segments to match liabilities (i.e., deposits) and allocated shareholders’ equity. Average allocated assets were $984.1 billion and $993.4 billion for the three and six months ended June 30, 2026 compared to $981.6 billion and $979.1 billion for the same periods in 2025, and period-end allocated assets were $982.1 billion and $1.0 trillion at June 30, 2026 and December 31, 2025.
All Other primarily consists of ALM activities, liquidating businesses and certain expenses not otherwise allocated to a business segment, and adjustments to allocate income tax benefits from tax-related equity investments to noninterest income to present Global Banking and Global Markets on an FTE basis. ALM activities encompass interest rate and foreign currency risk management activities for which substantially all of the results are allocated to our business segments. For more information on our ALM activities, see Note 17 – Business Segment Information to the Consolidated Financial Statements.
The net loss in All Other increased $269 million to $292 million primarily driven by lower discrete tax benefits and lower renewable energy tax credits on certain tax-related equity investment activity.
The net loss in All Other increased $116 million to $191 million primarily driven by lower renewable energy tax credits on certain tax-related equity investment activity.
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