Bank of America News - October 2026

Bank of America Faces Lawsuits After $1.21 Billion Treasury Penalty
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Bank of America Faces Lawsuits After $1.21 Billion Treasury Penalty

On October 20, 2026, several securities law firms, including Bleichmar Fonti & Auld LLP and Hagens Berman, announced investigations and the filing of...

Bank of America Adds 1,000 Contractors to Patch AI-Exposed Flaws
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Bank of America Adds 1,000 Contractors to Patch AI-Exposed Flaws

During the second quarter, Bank of America hired 1,000 contractors to help patch software vulnerabilities exposed by advanced artificial intelligence models,...

🔴 Bank of America is trading 7% down today after missing earnings expectations
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🔴 Bank of America is trading 7% down today after missing earnings expectations

Bank of America is trading 7.31% down at $50.02 after a third-quarter earnings miss and a $1.2 billion regulatory penalty. - Net income was $6.9 billion, or...

Bank of America Q3 Profit Falls to $6.9B After Settlement Charge
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Bank of America Q3 Profit Falls to $6.9B After Settlement Charge

Bank of America Corporation reported third-quarter 2026 net income of $6.9 billion, or $0.91 per diluted share. A year earlier, it reported net income of $8.3...

Bank of America's $1.2 Billion AML Fine Lands Just Before Earnings — Can the Bank Rebuild Investor Trust?
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Bank of America's $1.2 Billion AML Fine Lands Just Before Earnings — Can the Bank Rebuild Investor Trust?

Shares of Bank of America dropped 3.7% to $51.99 in pre-market trading after U.S. regulators levied more than $1.21 billion in penalties for failures in the...

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🔴 Bank of America is trading 3.65% down in pre-market after $1.21 billion in penalties

Bank of America is trading 3.65% lower at $51.99 after U.S. regulators announced more than $1.21 billion in penalties for anti-money-laundering and...

Bank of America Faces $1.2 Billion FinCEN Penalty for AML Failures
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Bank of America Faces $1.2 Billion FinCEN Penalty for AML Failures

The U.S. Department of the Treasury announced penalties against Bank of America for significant and willful violations of anti-money laundering (AML) and...

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Bank of America Corp Q3 2026 Earnings Preview: What Analysts Expect on October 14, 2026

Bank of America is projected to report Q3 2026 revenue of $30.65 billion and EPS of $1.11, with the stock currently trading at $54.42 against an average...