Bank of America profit fell 17% in third quarter of 2026

Bank of America posted a 17% decline in third-quarter 2026 profit, per Yahoo Finance on October 14, 2026. Reuters had reported expectations for large U.S. banks to grow earnings up to 20%. I'm watching whether that kind of miss tightens lending or lifts fees for savers and borrowers, but I would not read one quarter as a lasting trend.