Bank of America (NYSE: BAC) reported fourth-quarter 2021 financial results before the regular market hours on Wednesday. The banking giant reported Q4 revenue of $22.17 million, up 10% year-over-year, but lower than the Wall Street projection. Net income of $0.82 per share was, meanwhile, above the target that analysts had anticipated.
BAC shares fell 3.5% immediately following the announcement. The stock has gained a 41% over the trailing 12 months.
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