Bank of America: Q1 Earnings Insights

Bank of America BAC reported its Q1 earnings results on Monday, April 18, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Bank of America beat estimated earnings by 8.11%, reporting an EPS of $0.8 versus an estimate of $0.74.

Revenue was down $22.91 billion from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 1.49% drop in the share price the next day.

Here's a look at Bank of America's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.76	0.71	0.77	0.66
EPS Actual	0.82	0.85	1.03	0.86
Revenue Estimate	22.23B	21.78B	21.83B	22.13B
Revenue Actual	22.16B	22.87B	21.58B	22.93B

To track all earnings releases for Bank of America visit their earnings calendar here..

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar