Bloomberg Surveillance · Thursday, July 16, 2026
Bank of America's stock reached record highs following a strong second quarter performance, driven by a 70% increase in equity trading revenue and a 59% rise in fixed income trading. The bank's CEO, Brian Monahan, highlighted resilient consumers and businesses turning to Bank of America for financial services.
“Bank for America the stock sitting up record highs after delivering blockbuster the results, equity trading revenue rising seventy percent in the second quarter, fixed income trading climbing nitty nine, making a record first half of the year for the susand trading division.”
“The Bank of America CEO Brian Monahan saying against the healthy economic bank drop, resilient consumers and businesses are turning to Bank for America to spend, borrow and invest.”
“Every single business grew, the revenue, grew operating leverage, which is critical because that means your revenue has grown faster expenses and increase the returns. Every single business it grew the customer bases and all those things.”