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American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
SHOCKING Crypto Leak… (Ad)
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
New York goes dark, then America. (Ad)
Intuitive Surgical Stock Can Trend Much Higher This Year 
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Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
SHOCKING Crypto Leak… (Ad)
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
New York goes dark, then America. (Ad)
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Urgent alert: open this for a huge profit potential (Ad)
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Bank of America (BAC) Earnings Date, Estimates & Call Transcripts

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Earnings Summary

Upcoming
Earnings Date
Jul. 16Estimated
Actual EPS
(Apr. 16)
$0.83 Beat By $0.06
Consensus EPS
(Apr. 16)
$0.77
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

BAC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

BAC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Bank of America Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20243$0.77$0.84$0.80
Q2 20243$0.77$0.81$0.78
Q3 20243$0.70$0.81$0.76
Q4 20243$0.64$0.85$0.74
FY 202412$2.88$3.31$3.09
Q1 20252$0.80$0.87$0.84
Q2 20252$0.82$0.89$0.86
Q3 20252$0.84$0.88$0.86
Q4 20252$0.86$0.96$0.91
FY 20258$3.32$3.60$3.46

BAC Earnings Date and Information

Bank of America last announced its quarterly earnings data on April 16th, 2024. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.06. The company had revenue of $25.82 billion for the quarter, compared to the consensus estimate of $25.49 billion. Its quarterly revenue was down 1.7% on a year-over-year basis. Bank of America has generated $2.89 earnings per share over the last year ($2.89 diluted earnings per share) and currently has a price-to-earnings ratio of 12.8. Earnings for Bank of America are expected to grow by 8.54% in the coming year, from $3.16 to $3.43 per share. Bank of America has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, July 16th, 2024 based off prior year's report dates.

Bank of America Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/16/2024
Estimated)		------- 
4/16/2024Q1 2024$0.77$0.83+$0.06$0.90$25.49 billion$25.82 billion    
1/12/2024Q4 2023$0.69$0.70+$0.01$1.05$23.70 billion$22.00 billion    
10/17/2023Q3 2023$0.83$0.90+$0.07$0.90$25.13 billion$25.20 billion    
7/18/2023Q2 2023$0.84$0.88+$0.04$0.88$24.98 billion$25.20 billion    
4/18/2023Q1 2023$0.83$0.94+$0.11$0.94$25.28 billion$26.26 billion    
1/13/2023Q4 2022$0.76$0.85+$0.09$0.85$24.17 billion$24.50 billion    
10/17/2022Q3 2022$0.79$0.81+$0.02$0.81$23.46 billion$24.50 billion    
7/18/2022Q2 2022$0.77$0.73($0.04)$0.73$22.79 billion$22.69 billion    
4/18/2022Q1 2022$0.76$0.80+$0.04$0.80$23.09 billion$23.20 billion    
1/19/2022Q4 2021$0.76$0.82+$0.06$0.82$22.19 billion$22.06 billion    
10/14/2021Q3 2021$0.71$0.85+$0.14$0.85$21.60 billion$22.77 billion    
7/14/2021Q2 2021$0.77$1.03+$0.26$1.03$21.77 billion$21.50 billion    

Bank of America Earnings - Frequently Asked Questions

When is Bank of America's earnings date?

Bank of America has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, July 16th, 2024 based off last year's report dates. Learn more on BAC's earnings history.

Did Bank of America beat their earnings estimates last quarter?

In the previous quarter, Bank of America (NYSE:BAC) reported $0.83 earnings per share (EPS) to beat the analysts' consensus estimate of $0.77 by $0.06. Learn more on analysts' earnings estimate vs. BAC's actual earnings.

How can I listen to Bank of America's earnings conference call?

The conference call for Bank of America's latest earnings report can be listened to online. Listen to Conference Call

How can I read Bank of America's conference call transcript?

The conference call transcript for Bank of America's latest earnings report can be read online. Read Transcript

How much revenue does Bank of America generate each year?

Bank of America (NYSE:BAC) has a recorded annual revenue of $98.14 billion.

How much profit does Bank of America generate each year?

Bank of America (NYSE:BAC) has a recorded net income of $26.52 billion. BAC has generated $2.89 earnings per share over the last four quarters.

What is Bank of America's price-to-earnings ratio?

Bank of America (NYSE:BAC) has a trailing price-to-earnings ratio of 12.79 and a forward price-to-earnings ratio of 11.70. The price/earnings-to-growth ratio is 1.59.

What is Bank of America's EPS forecast for next year?

Bank of America's earnings are expected to grow from $3.16 per share to $3.43 per share in the next year, which is a 8.54% increase.


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This page (NYSE:BAC) was last updated on 4/20/2024 by MarketBeat.com Staff

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