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

Earnings Preview: Costco (COST) looks poised to end fiscal 2024 on a high note

Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, will unveil its fourth-quarter results on the evening of September 26. It has a good track record of

Key takeaways from General Mills’ (GIS) Q1 2025 earnings report

Shares of General Mills, Inc. (NYSE: GIS) gained over 1% on Wednesday after the company’s announcement of its first quarter 2025 earnings results. Revenue came in line with estimates while

GIS Earnings: All you need to know about General Mills’ Q1 2025 earnings results

General Mills, Inc. (NYSE: GIS) reported its first quarter 2025 earnings results today. Net sales decreased 1% year-over-year to $4.8 billion. Organic sales were down 1%. Net earnings attributable to

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