Earnings Summary

Bank Of America Corp.’s revenue jumped 11.06% since last year same period to $25197Mn in the Q2 2023. On a quarterly growth basis, Bank Of America Corp. has generated -4.04% fall in its revenue since last 3-months.

Bank Of America Corp.’s net profit jumped 18.58% since last year same period to $7408Mn in the Q2 2023. On a quarterly growth basis, Bank Of America Corp. has generated -9.23% fall in its net profits since last 3-months.

Bank Of America Corp.’s net profit margin jumped 6.78% since last year same period to 29.4% in the Q2 2023. On a quarterly growth basis, Bank Of America Corp. has generated -5.4% fall in its net profit margins since last 3-months.

Bank Of America Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.84 - a 9.09% jump from last quarter’s estimates.

Bank Of America Corp.’s earning per share (EPS) estimates for the current year stand at 0.84.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Bank Of America Corp.’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Bank Of America Corp.’s return on equity (ROE) stands at 0.11.