BAC - Bank of America's Q2 Earnings: Revenue And EPS Beat $1.5B Credit Loss Provision Sees Q4 NII Growth | Benzinga
Bank of America Corp (NYSE:BAC) reported a second-quarter fiscal 2024 net income of $6.9 billion and EPS of $0.83, beating the analyst consensus estimate of $0.80.
Revenue, net of interest expense, increased 0.8% year-over-year to $25.54 billion, beating the analyst consensus estimate of $25.22 billion.
Segment Net income: Consumer Banking $2.595 billion vs. $2.853 billion Y/Y, Global Wealth and Investment Management $1.03 billion vs. $978 million Y/Y, Global Banking $2.12 billion vs. $2.65 billion Y/Y, and Global Markets $1.41 billion vs. $1.18 ...