Bank of America News - August 19, 2026

Bank of America's Strong Q2 Results Tempered by Valuation Concerns

Bank of America reported robust second-quarter results, beating analyst expectations. Net income rose 27% year-over-year to $9.1 billion. Diluted earnings per...

Li Lu's Himalaya Capital Exits Bank of America Stake

In a notable portfolio shift, Li Lu's Himalaya Capital Management has completely sold off its position in Bank of America (BAC). According to regulatory...