Bank of America’s BAC capital return story is supported by a combination of improving earnings power, a healthy capital cushion and disciplined balance-sheet management. After generating $30.5 billion in net income in 2025, the banking giant carried solid momentum into 2026. In the second quarter alone, net income reached $9.1 billion, while revenues rose 15% year over year to $31.6 billion. Net interest income (NII) rose 9%, while growth in trading, asset-management and investment banking (IB) fees further strengthened the company’s earnings base.

BAC’s capital position provides another important pillar for its shareholder-return strategy. At the end of June 2026, the company had $202 billion in CET1 capital, with its CET1 ratio…