Bank of America Global Wealth & Investment Management Q2 2026 profit up 42%

Global Wealth & Investment Management, which includes Merrill and the Private Bank, earned $1,413 million in the second quarter of 2026, up from $993 million a year earlier. Its 42% gain was the second-fastest among the four segments, behind Global Markets. Fee income from advisory and asset-management accounts is the steadier counterweight to the trading and lending businesses in the same quarter.

• Net income $1,413M vs $993M (+42%)
• Second-fastest growth of the four segments, behind Global Markets (+72%)
• Consumer Banking $3,281M (+10%) and Global Banking $2,046M (+20%) for comparison