BAC Earnings

This resulted in strong year-over- year improvement in returns on equity and assets. Revenue growth of 7% year-over-year included net interest income that was better than we expected, up 9%, as well as double-digit growth in sales and trading revenue, investment banking fees and asset management fees.

Forward-looking statements often use words such as “anticipates,” “targets,” “expects,” “hopes,” “estimates,” “intends,” “plans,” “goals,” “outlook,” “believes,” “continue” and other similar expressions or future or conditional verbs such as “will,” “may,” “might,” “should,” “would” and “could.

4 CET1 ratio at March 31, 2026, is preliminary. 1Q26 Highlights (Comparisons to 1Q25, unless otherwise noted) 4 Resilient Economic Outlook and Consumer Spend BofA Global Research CPI Inflation Estimates1 5 1Q26 Credit and Debit3 YoY % Growth Total spend up 6%; transactions up 4% 12% 6% 5% 4% 3% 3% 7% 4% 5% 2% 2% 1