CSIMarket Company Name, Ticker, Industry, else..


Bank Of America Corporation  (BAC)
Other Ticker:  
 
    Sector • Financial    Industry • Commercial Banks
   Industry • Commercial Banks
   Sector • Financial


 

Bank Of America Corporation

BAC's Financial Statements and Analysis



Bank Of America Corporation reported in III. Quarter net earnings per share of $0.81 a decrease by -4.71 % year on year from $0.85 and an improvement of 10.96 % from $0.73 realized in II. Quarter (Jun 30 2022).


III. Quarter
Earnings Per Share Revenues
$ 0.81 $  24,502 Mill
$-0.04     -4.71 % $+1,736M     +7.63 %



Bank Of America's Revenue rose by 7.63 % in III. Quarter (Sep 30 2022) year on year, to $24,502 million and advanced by 8 % sequentially.


Bank Of America is Expected to report next financial results on February 21, 2023.

More on BAC's Income Statement





       
  • Asset Management 38.94% Y/Y,
• Global Banking 2.39% Y/Y,
• Commercial & Investment 0.4% Y/Y 		   
       
       
  • Consumer Banking -8.97% Y/Y,
• Global Markets -1.57% Y/Y 		   
       


BAC's Segments

Bank Of America's net income of $7,082.000 million in III. Quarter decreased by -7.92 % from net earnings of $7,691.000 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 13.37 % from net income of $6,247.000 million realized in previous quarter.

More on BAC's Growth

Bank Of America Income Growth by Division

• Asset Management -19.31% Y/Y,
• Global Banking -9.69% Y/Y • Global Markets 31.08% Y/Y,
• Commercial & Investment 4.67% Y/Y

BAC's Cash flow In III. Quarter company's net cash flow was $6,974 million


Bank Of America Corporation payed out dividend of $1.03 per share in last 52 weeks representing 32.59 % of net earning per share in trailing twelve-month period.

During the same period Bank Of America Corporation earned $ 0.90 cash per share, on a free-cash flow basis 28.41 % of net earning per share.