CSIMarket


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.