Categories AlphaGraphs, Earnings, Finance
Bank of America Corporation (BAC) Q2 Earnings: Key financials and quarterly highlights
Bank of America Corporation (NYSE: BAC) reported its second quarter 2022 earnings results today.
Revenue, net of interest expense, increased 6% year-over-year to $22.7 billion.
Net income was $6.2 billion, or $0.73 per share, compared to $9.2 billion, or $1.03 per share, last year.
While revenues beat expectations, profit fell short of projections.
Average deposits were up 7% to $2 trillion.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
