Good morning. Welcome, and thank you for joining the call to review our third-quarter results. Our earnings release documents are available on the Investor Relations section of the bankofamerica.com website. They include the earnings presentation that we'll make reference to during this call. I...
Q3 earnings increased 66.7% to $0.85 per share on a year-over-year basis and topped Street estimates of $0.71 per share. Total revenue rose 12.3% to $22.8 billion and outpaced the consensus estimate of $21.7 billion. (See Bank of America stock charts on TipRanks) Net interest income inc...
Shares of Bank of America Corp. (BAC) gained in pre-market trading after the investment bank reported better-than-expected Q3 earnings. This was even as the bank’s earnings declined by 10% year-over-year to $0.81 per share in the third quarter, which be
Bank of America Corp. gained in pre-market trading after the investment bank reported better-than-expected Q3 earnings. Shares of Bank of America Corp. (BAC) gained in pre-market trading after the investment bank reported better-than-expected Q3 earnings. This was even as the bank’s earnings...
Big Bank Earnings Smash Estimates For the third quarter, Bank of America posted revenue and earnings that topped analyst expectations, partially driven by better-than-expected interest income. The bank reported 90 cents per share in earnings on $25.3 billion in revenue, compared to theanalyst ...
Bank of America’sQ3credit card spending volume rose 13% YoY, compared with 26% YoY growth inQ3 2021. The inflation effect:Likelast quarter, inflation likely played a role in Q3’s card volume increases. US shoppers arespending more at grocery stores, restaurants, and bars, for example,...
Bank of America Corporation (BAC) Bank of America Securities Financial Services Conference (Transcript)SA TranscriptsWed, Feb. 12 Bank of America Corporation (BAC) UBS Financial Services Conference (Transcript)SA TranscriptsTue, Feb. 11 Bank of America Corporation (BAC) Q4 2024 Earnings Call Transcri...
Revenue for the quarter comes in 11% lower than the $22.81 billion reported in Q3 2019. The Bank of America earnings report also has net income coming in at $4.88 billion. That’s a 15.6% decline compared to the company’s net income of $5.78 billion from the same period of the year...
Bank of America Corporation (BAC) Bank of America Securities Financial Services Conference (Transcript)SA TranscriptsWed, Feb. 12 Bank of America Corporation (BAC) UBS Financial Services Conference (Transcript)SA TranscriptsTue, Feb. 11 Bank of America Corporation (BAC) Q4 2024 Earnings Call Transcri...
Bank of America shares rose by more than 1% in premarket trading soon after the report. The company's shares are up roughly 25% through Monday's close. Rivals JPMorgan, Wells Fargo Also Topped Q3 Estimates Big bank earnings season kicked off last Friday, withJPMorgan Chase(JPM) andWells ...