Event Brief
Oct 14, 2026 at 9:00 AM ET
Bank of America shares fall 7% after earnings miss
By The BriefBrief · Sources (3)
Bank of America shares fell 7% Wednesday after the bank reported weaker-than-expected trading revenue and a 17% drop in profits. Investor disappointment over a $1.2 billion government fine, identified in one account as a Treasury penalty related to money laundering, added to the pressure on the stock.
WHO: Bank of America
WHAT: Bank of America shares fell 7% after the bank reported weaker-than-expected trading revenue and a 17% profit drop.
WHEN: Oct 14, 2026
WHERE: USA
WHY: The stock fell amid investor disappointment over the $1.2 billion government fine and weaker-than-expected trading revenue.
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