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BAC

Bank Of America Corp.

$42.9

Earnings Summary

Revenue
$25818Mn
Net Profits
$6674Mn
Net Profit Margins
25.85%
PE Ratio
15.09

Highlights

Revenue:

Bank Of America Corp.’s revenue jumped 1.94% since last year same period to $25818Mn in the Q1 2024. On a quarterly growth basis, Bank Of America Corp. has generated 23.8% jump in its revenue since last 3-months.

Net Profits:

Bank Of America Corp.’s net profit fell -18.22% since last year same period to $6674Mn in the Q1 2024. On a quarterly growth basis, Bank Of America Corp. has generated 112.28% jump in its net profits since last 3-months.

Net Profit Margins:

Bank Of America Corp.’s net profit margin fell -19.78% since last year same period to 25.85% in the Q1 2024. On a quarterly growth basis, Bank Of America Corp. has generated 71.47% jump in its net profit margins since last 3-months.

PE Ratio:

Bank Of America Corp.’s price-to-earnings ratio after this Q1 2024 earnings stands at 15.09.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Bank Of America Corp. post its latest quarter earnings

EPS Estimate Current Quarter
0.74
EPS Estimate Current Year
0.74

Highlights

EPS Estimate Current Quarter:

Bank Of America Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.74 - a -7.5% fall from last quarter’s estimates.

EPS Estimate Current Year:

Bank Of America Corp.’s earning per share (EPS) estimates for the current year stand at 0.74.

Key Ratios

Key ratios of the Bank Of America Corp. post its Q2 2024 earnings

Earning Per Share (EPS)
0.83
Dividend Per Share (DPS)
0.24

Highlights

Earning Per Share (EPS):

Bank Of America Corp.’s earning per share (EPS) fell -5.68% since last year same period to 0.83 in the Q2 2024. This indicates that the Bank Of America Corp. has generated -5.68% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Dividend Per Share (DPS):

Bank Of America Corp. declared 0.24 dividend per share during the earnings announcement for Q2 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-30
0.7
0.77
10%
2024-07-16
0.8
0.83
3.75%