Abstract We present measurements of broad emission lines and virial estimates of supermassive black hole masses ( M BH ) for a large sample of ultrahard X-ray-selected active galactic nuclei (AGNs) as part of the second data release of the BAT AGN Spectroscopic Survey (BASS/DR2). Our catalog includes M BH estimates for a total of 689 AGNs, determined from the H α , H β , Mg ii λ 2798, and/or C iv λ 1549 broad emission lines. The core sample includes a total of 512 AGNs drawn from the 70 month Swift/BAT all-sky catalog. We also provide measurements for 177 additional AGNs that are drawn from deeper Swift/BAT survey data. We study the links between M BH estimates and line-of-sight obscuration measured from X-ray spectral analysis. We find that broad H α emission lines in obscured AGNs ( log ( N H / cm − 2 ) > 22.0 ) are on average a factor of 8.0 − 2.4 + 4.1 weaker relative to ultrahard X-ray emission and about 35 − 12 + 7 % narrower than those in unobscured sources (i.e., log ( N H / cm − 2 ) < 21.5 ). This indicates that the innermost part of the broad-line region is preferentially absorbed. Consequently, current single-epoch M BH prescriptions result in severely underestimated (>1 dex) masses for Type 1.9 sources (AGNs with broad H α but no broad H β ) and/or sources with log ( N H / cm − 2 ) ≳ 22.0 . We provide simple multiplicative corrections for the observed luminosity and width of the broad H α component ( L bH α and FWHMbH α ) in such sources to account for this effect and to (partially) remedy M BH estimates for Type 1.9 objects. As a key ingredient of BASS/DR2, our work provides the community with the data needed to further study powerful AGNs in the low-redshift universe.