Bank of America Q1 EPS $0.41 per shareStaff Writer | April 18, 2017
Bank of America reported its first-quarter 2017 financial results.
Bank of America Bottom line advanced to $4.85 billion
POST forecast was EPS $0.35 and revenue $21.58 billion.
The company said revenue for the quarter rose 7.0% to $22.24 billion. This was up from $20.79 billion last year.
Bank of America Corporation earnings at a glance:
-Earnings (Q1): $4.85 billion vs. $3.47 billion last year
-Earnings Growth (Y-o-Y): 39.8%
-EPS (Q1): $0.41 vs. $0.28 last year
-EPS Growth (Y-o-Y): 46.4%
-Revenue (Q1): $22.24 billion vs. $20.79 billion last year
-Revenue Change (Y-o-Y): 7.0%. ■