# Earnings News, Oct 16, 2026: Bank of America posts Q3 EPS of $0.91 after $1.2 billion Treasury penalty

> Bank of America reported third-quarter GAAP EPS of $0.91 on October 14, versus $1.08 adjusted, after a $1.2 billion U.S. Treasury penalty. Net interest…

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- **Updated:** 2026-10-16
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## Key data

- **Desk:** Earnings
- **Date:** Fri, Oct 16, 2026
- **Stories:** 4
- **Outlets cited:** 5
- **Items screened:** 7
- **Freshness:** last 48h

Bank of America reported third-quarter GAAP EPS of $0.91 on October 14, versus $1.08 adjusted, after a $1.2 billion U.S. Treasury penalty. Net interest income rose 8% to $16.4 billion. ## Bank of America earnings overshadowed by $1.2 billion Treasury penalty Bank of America reported third-quarter 2026 results on October 14, a day after the U.S. Treasury Department hit the bank with a $1.2 billion penalty. The charge cut net income by 17 cents a share and raised questions about risk controls under CEO Brian Moynihan. GAAP EPS came in at $0.91, against adjusted EPS …

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## Sources

1. [Bank of America (BAC): Can CashPro Make Earnings More Durable?](https://finance.yahoo.com/markets/stocks/articles/bank-america-bac-cashpro-earnings-141252038.html)
2. [Bank of America Reports Third Quarter 2026 Financial Results](https://www.prnewswire.com/news-releases/bank-of-america-reports-third-quarter-2026-financial-results-302908417.html)
3. [Bank of America (BAC) Q3 2026 earnings](https://www.cnbc.com/2026/10/14/bank-of-america-bac-q3-2026-earnings.html)
4. [JPMorgan vs. Citigroup: Which Stock Has the Edge After Q3 Results?](https://www.tradingview.com/news/zacks:37e5a70da094b:0-jpmorgan-vs-citigroup-which-stock-has-the-edge-after-q3-results/)
5. [Visa: Unpacking The 7 Powers And Forward Valuation Ahead Of Q4 Earnings (NYSE:V)](https://seekingalpha.com/article/4954082-visa-unpacking-the-7-powers-and-forward-valuation-ahead-of-q4-earnings)

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