Bank of America (NYSE: BAC) reported its first quarter 2024 earnings results today. Total revenue decreased 2% year-over-year to $25.8 billion. Net income was $6.7 billion, or $0.76 per share, compared to $8.2 billion, or $0.94 per share, last year. Adjusted EPS was $0.83. Revenue and earnings beat expectations. The company returned $4.4 billion to […]
“Bank of America (NYSE: BAC) reported its first quarter 2024 earnings results today. Total revenue decreased 2% year-over-year to $25.8 billion. Net income was $6.7 billion, or $0.76 per share, compared to $8.2 billion, or $0.94 per share, last year. Adjusted EPS was $0.83. Revenue and earnings beat expectations. The company returned $4.4 billion to […]
· April 16, 2024
Bank of America (NYSE: BAC) reported its first quarter 2024 earnings results today.
Total revenue decreased 2% year-over-year to $25.8 billion.
Net income was $6.7 billion, or $0.76 per share, compared to $8.2 billion, or $0.94 per share, last year. Adjusted EPS was $0.83.
Revenue and earnings beat expectations.
The company returned $4.4 billion to shareholders through common stock dividends and share repurchases.
