Bank of America Falls 4.7% Following Third Quarter Results

Details

Bank of America (BAC) stock fell 4.7% to close at $51.41 on October 14, 2026, according to market data. The move came on the same day the bank announced its third quarter results. **Third Quarter Financial Results** The bank reported diluted earnings per share (EPS) of $0.91 for the third quarter of 2026, according to the company's regulatory filing. Book value per share reached $39.26 at the end of the period. **Capital Ratios** Financial data showed strong capital ratios reflecting the bank's solid financial position. The Common Equity Tier 1 ratio stood at 10.9%, while the Tier 1 capital ratio reached 12.2%, and the total capital ratio was 14.2% for the third quarter of 2026, according to the company's disclosure. **Trading Volume** Relative trading volume was 0.243 of the average, indicating lower-than-usual trading activity despite the notable price movement, according to Jaras data. The bank also filed several prospectuses for securities offerings during the same day, according to the company's regulatory disclosures.