Jim Cramer Says “I Think This Was a Really Fine Quarter for Bank of America, Maybe the Best”

Group 1 - Bank of America reported a small top and bottom line beat with 7% revenue growth and 18% earnings per share growth, despite a 4% stock sell-off following the earnings announcement [1] - The company's net interest income increased by 10%, slightly better than expected, and all four business lines exceeded revenue expectations, particularly global wealth and investment management and global markets, both up over 10% year-over-year [1] - CEO Brian Moynihan expressed confidence in the U.S. economy for 2026, guiding for 5 to 7% net interest income growth this year, indicating a strong outlook for the company [1] Group 2 - The stock's decline was attributed to a broader market reaction rather than the company's performance, with the sell-off described as "pure guilt by association" [1] - Bank of America experienced a boost from lower than expected credit charges, contributing to the earnings beat, although debt and equity underwriting was lighter than anticipated [1]