Bank of America Q1 net income $6.7B, EPS $0.76; includes $0.7B FDIC charge

BANK OF AMERICA CORP /DE/

2024-Q1 EPS reported $0.76 revenue$25,818,000,000

Net income of $6.7B ($0.76 diluted EPS) for Q1 ended March 31, 2024.
FDIC special assessment accrual of $0.7B pretax reduced EPS by $0.07.
Results include Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets segments.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

BANK OF AMERICA CORP /DE/ reported financial results for the first quarter ended March 31, 2024.

Period: the first quarter ended March 31, 2024
Result: reported results

Exact text from the filing

announced financial results for the first quarter ended March 31, 2024, reporting first quarter net income of $6.7 billion, or $0.76 per diluted share

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Source: SEC EDGAR

accession 0000070858-24-000144

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