earnings
confidence high
sentiment positive
materiality 0.80
BAC Q3 net income $7.8B ($0.90 EPS) +10% YoY; revenue $25.2B +3%; dividend raised 9%
BANK OF AMERICA CORP /DE/
2023-Q3 EPS reported
$2.72
revenue$76,622,000,000
- Net income $7.8B, diluted EPS $0.90, up 11% from prior year.
- Revenue (net of interest expense) $25.2B, +3% YoY.
- CET1 ratio 11.9%, 240 bps above regulatory minimum of 9.5%.
- Quarterly dividend increased 9%.
- Return on tangible common equity 15.5%; return on assets 0.99%.