BAC
$30.26
Bank of America
$.08
.27%
Earnings Details
1st Quarter March 2018
Monday, April 16, 2018 6:55:00 AM
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Summary

Bank of America Beats

Bank of America (BAC) reported 1st Quarter March 2018 earnings of $0.62 per share on revenue of $27.1 billion. The consensus earnings estimate was $0.59 per share on revenue of $22.9 billion. The Earnings Whisper number was $0.61 per share. Revenue grew 8.9% on a year-over-year basis.

Bank of America Corporation is a bank holding and a financial holding company. Through its subsidiaries, it provides banking and non-banking financial services and products throughout the United States and in selected international markets.

Results
Reported Earnings
$0.62
Earnings Whisper
$0.61
Consensus Estimate
$0.59
Reported Revenue
$27.12 Bil
Revenue Estimate
$22.91 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Bank of America Reports First-Quarter 2018 Financial Results

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Bank of America reported its first-quarter 2018 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180416005642/en/

Investor Conference Call information

Chief Executive Officer Brian Moynihan and Chief Financial Officer Paul Donofrio will discuss the financial results in a conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795.

Please dial in 10 minutes prior to the start of the call. Investors can also listen to a live audio webcast of the conference call and view the presentation slides by visiting the Events & Presentations section of the company’s Investor Relations website.

Replay information for Investor Conference Call

Investors can access replays of the conference call by visiting the Investor Relations website or by calling 1.800.934.4850 (U.S.) or 1.402.220.1178 (international) from noon on April 16, through 11:59 p.m. ET on April 23.

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,400 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 36 million active users, including approximately 25 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE:BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom at http://newsroom.bankofamerica.com.

www.bankofamerica.com

Investors May Contact:
Lee McEntire, Bank of America, 1.980.388.6780
Jonathan Blum, Bank of America (Fixed Income), 1.212.449.3112
Reporters May Contact:
Jerry Dubrowski, Bank of America, 1.646.855.1195
jerome.f.dubrowski@bankofamerica.com
Lawrence Grayson, Bank of America, 1.864.370.6709
lawrence.grayson@bankofamerica.com

Source: Bank of America