Market Overview

Bank Of America Reports Q4 Earnings

Share:
Bank Of America Reports Q4 Earnings

Bank of America (NYSE: BAC) reported fourth-quarter earnings of 74 cents per share Wednesday, beating the Street estimate of 68 cents by 8.82%.

This is a 5.71% increase over earnings of 70 cents per share in the same period last year.

The company reported quarterly GAAP sales of $22.3 billion while non-GAAP sales came in at $22.494 billion, beating the Street estimate of $22.35 billion.

This is a 2.58% decrease over sales of $22.891 billion the same period last year.

Bank of America shares were trading down 0.2% at $35.25 at the time of publication in Wednesday's pre-market session.

Related Links:

Bank Of America Reports Mixed Q2 Earnings

Bank of America Trades Higher On Q3 Earnings Beat

Photo by Coolcaesar via Wikimedia

Posted-In: Earnings News Best of Benzinga

 

Related Articles (BAC)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com