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!

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