Categories AlphaGraphs, Earnings, Finance

Bank of America Corporation (BAC) Q3 2022 Earnings: Key financials and quarterly highlights

Bank of America Corporation (NYSE: BAC) reported its third quarter 2022 earnings results today.

Total revenue increased 8% YoY to $24.5 billion.

Net income amounted to $7.1 billion, or $0.81 per share, compared to $7.7 billion, or $0.85 per share, last year.

Both the top and bottom line numbers beat expectations.

Average deposits were up 1% to $2 trillion.

Prior performance

Bank of America Q2 2022 Earnings Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Here’s a look at Dollar Tree’s (DLTR) expectations for the remainder of the year

Shares of Dollar Tree Inc. (NASDAQ: DLTR) were down over 1% on Wednesday, a day after the company reported earnings results for the third quarter of 2022. Revenue and earnings

Target Corporation (TGT): A look at how the retail giant is shaping up against an inflationary backdrop

Shares of Target Corporation (NYSE: TGT) were up over 1% on Wednesday. The stock has dropped 30% year-to-date and 35% over the past 12 months. Last week the company reported

Is Zoom Video Communications (ZM) a good investment after Q3 earnings?

Zoom Video Communications (NASDAQ: ZM) expanded its customer base at an accelerated pace during the COVID crisis and soon became the preferred video conferencing platform for businesses and millions of

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top