Friday, January 13, 2023

Bank Of America Q4 Net Income Rises; Revenue, Net Of Interest Expense, Up 11%

Bank of America (BAC) reported that its fourth quarter net income to shareholders totaled $6.90 billion, or $0.85 per share compared with $6.77 billion, or $0.82 per share, prior year. On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $0.77, for the quarter. Analysts' estimates typically exclude special items.

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