Categories AlphaGraphs, 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!

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