Bank of America Q2 2023 net income $7.4B, EPS $0.88, up 21% YoY

BANK OF AMERICA CORP /DE/

2023-Q2 EPS reported $1.82 revenue$51,455,000,000

Net income $7.4B ($0.88 diluted EPS), up 19% and 21% YoY respectively.
CET1 ratio 11.6%, global liquidity sources $867B; ROE 11.2%, ROTCE 15.5%.
Added ~157,000 net new checking accounts (18th straight quarter) and 1.2M credit card accounts.
Consumer banking digital sales 51% of total; 46M digital active users.
Operating leverage positive for 8th consecutive quarter.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BANK OF AMERICA CORP /DE/ reported the second quarter ended June 30, 2023 results: net income $7.4 billion, EPS $0.88 per diluted share.

Period: the second quarter ended June 30, 2023
Net income: $7.4 billion
EPS: $0.88 per diluted share
Result: reported results

Exact text from the filing

On July 18, 2023 , Bank of America Corporation (the “Corporation”) announced financial results for the second quarter ended June 30, 2023, reporting second quarter net income of $7.4 billion, or $0.88 per diluted share.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

BANK OF AMERICA CORP /DE/ filing history →

Source: SEC EDGAR

accession 0000070858-23-000166

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