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.