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 analyst price target of $66.59. Investors are primarily focused on the trajectory of Net Interest Income (NII), which is expected to benefit from the Federal Reserve's recent interest rate hike but faces pressure from rising deposit costs.
Analysts are watching if NII growth can successfully offset a projected 10-15% year-over-year decline in investment banking fees and stagnant trading revenue. Management's ability to maintain expense discipline and deliver on raised operating leverage guidance through AI-driven productivity remains a critical secondary theme for the report.