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https://www.barrons.com/articles/bank-of-america-earnings-stock-price-88f39d9a

  • BREAKING

Bank of America’s Earnings Top Expectations. Profit Climbs 15%.

By
Carleton English
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Bank of America ‘s first-quarter earnings topped expectations, continuing a trend at peer banks earlier this month.

The bank’s profit rose 15% to $8.2 billion, or 94 cents a share, topping expectations that it would earn 81 cents a share. Revenue grew 13% to $26.3 billion, well ahead of the $25.2 billion forecast by analysts surveyed by FactSet. The jump in revenue was helped by a 25% increase in net interest income to $14.4 billion.

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