Net income was $7.1 billion, or $0.80 per share, compared to $8.1 billion, or $0.86 per share, in the year-ago quarter.
Average deposits were up 13% to $2 trillion.
Prior performance
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BAC Earnings: Key quarterly highlights from Bank of America’s Q1 financial results
Bank of America Corporation (NYSE: BAC) reported first quarter 2022 earnings results today. Total revenue, net of interest expense, increased 2% year-over-year to $23.2 billion. Net income was $7.1 billion, or $0.80 per share, compared to $8.1 billion, or $0.86 per share, in the year-ago quarter. Average deposits were up 13% to $2 trillion. Prior […]
“Bank of America Corporation (NYSE: BAC) reported first quarter 2022 earnings results today. Total revenue, net of interest expense, increased 2% year-over-year to $23.2 billion. Net income was $7.1 billion, or $0.80 per share, compared to $8.1 billion, or $0.86 per share, in the year-ago quarter. Average deposits were up 13% to $2 trillion. Prior […]
· April 18, 2022
Bank of America Corporation (NYSE: BAC) reported first quarter 2022 earnings results today.
Total revenue, net of interest expense, increased 2% year-over-year to $23.2 billion.
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