News
Bank of America reports Q2 earnings beat
Bank of America (BAC) reported second quarter adjusted EPS of $0.89, beating estimates of $0.85, with revenue near $26.5 billion. Yahoo Finance Reporter Josh Schafer highlights the latest report and CEO Brian Moynihan’s comments on consumers maintaining steady spending.
Bank of America: 8% Dividend Hike in Q2
Key Points - Earnings per share (GAAP) reached $0.89, topping analyst expectations by 3.5% (GAAP), but GAAP revenue missed forecasts. Net income (GAAP) climbed to $7.1 billion, with net interest income (GAAP) marking a fourth consecutive quarterly increase.
Bank of America stuck to its financial outlook for the year as it reinforced the theme of the resilient American consumer and ...
The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback