Bank of America’s Q3 2026 earnings release on October 14 confirmed a miss on adjusted EPS of $1.08 versus the $1.10 consensus and revenue of roughly $30.0 billion against expectations near $30.6 billion, driving the 99.6% market-implied probability that the bank would not beat quarterly estimates. The shortfall stemmed primarily from a $1.2 billion regulatory settlement charge tied to anti-money laundering controls, which reduced results by $0.17 per share, alongside weaker fixed-income trading revenue that fell 17% year-over-year and missed Street forecasts. Net interest income rose 8% to $16.4 billion on loan growth, yet this was insufficient to offset the trading and penalty headwinds. With results now public and the miss material even on an adjusted basis, trader consensus reflects the definitive outcome while acknowledging minimal tail risk from any post-release accounting revisions or differing GAAP versus non-GAAP interpretations.