Global Wealth & Investment Management
Q2 2026 net income $1.4 billion, up 42% year over year.
The numbers
Segment net income$1,413MQ2 2026 · +42% YoY (vs $993M in 2Q25) · source ↗
What it is
Merrill and the Bank of America Private Bank serve wealth and high-net-worth clients with advice, brokerage, managed accounts and lending. Fee income from assets under management and advisory accounts is the main driver.↗ source
Why it matters to the stock. Fee income is steadier than trading or lending, and client asset levels track equity markets.
News
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.
Earnings