Bank of America (BAC) Earnings
Price: $42.14
Market Cap: $323.97B
Market Cap: $323.97B
Revenue (TTM): $95.79B
Net Income: $26.52B
Net Income: $26.52B
P/E Ratio: 15.19
EPS (TTM): $2.77
EPS (TTM): $2.77
Earnings Dates
Bank of America (BAC) reports its earnings quarterly. Here are the key details:
Next Earnings Date
- Date: January 10, 2025
- Time of Day: Before Market Open
- Estimated EPS: $0.81
Last Earnings Report
- Date: October 15, 2024
- EPS: $0.81
- EPS Estimate: $0.77
Bank of America's next earnings report is scheduled for January 10, 2025.
In its last earnings report on October 15, 2024, Bank of America reported earnings per share (EPS) of $0.81, compared to an estimated EPS of $0.77. The company reported revenue of $23.80B, compared to an estimated revenue of $25.25B.
Earnings Reports
Earnings History
| Date | EPS | EPS Estimate | Revenue | Revenue Estimate |
|---|---|---|---|---|
| October 15, 2024 | $0.81 | $0.77 | $23.80B | $25.25B |
| July 16, 2024 | $0.83 | $0.80 | $23.87B | $25.22B |
| April 16, 2024 | $0.83 | $0.76 | $24.50B | $25.49B |
| January 12, 2024 | $0.70 | $0.69 | $22.45B | $22.91B |
| October 17, 2023 | $0.90 | $0.82 | $23.93B | $25.14B |
| July 18, 2023 | $0.88 | $0.84 | $24.07B | $25.05B |
| April 18, 2023 | $0.94 | $0.82 | $25.33B | $25.13B |
| January 13, 2023 | $0.85 | $0.77 | $23.44B | $25.63B |
| October 17, 2022 | $0.81 | $0.77 | $23.60B | $- |
| July 18, 2022 | $0.78 | $0.75 | $22.16B | $22.67B |
| April 18, 2022 | $0.80 | $0.75 | $23.20B | $21.68B |
| January 19, 2022 | $0.82 | $0.76 | $22.55B | $23.57B |
| October 14, 2021 | $0.85 | $0.71 | $23.39B | $21.61B |
| July 14, 2021 | $0.80 | $0.77 | $23.09B | $22.07B |
| April 15, 2021 | $0.86 | $0.66 | $24.68B | $15.91B |
| January 19, 2021 | $0.59 | $0.55 | $20.05B | $19.18B |
Annual Earnings
Annual Revenue
$95.79B
Fiscal Year 2023Annual Net Income
$26.52B
Fiscal Year 2023Annual EPS
$3.10
Fiscal Year 2023Quarterly Earnings
Revenue
$23.80B
Quarter Ending September 29, 2024Net Income
$6.90B
Quarter Ending September 29, 2024EPS
$0.82
Quarter Ending September 29, 2024Earnings Metrics
Earnings Yield
9.81%
Year Ending December 31, 2023P/E Ratio
10.20
Year Ending December 31, 2023Revenue Per Share
$11.93
Year Ending December 31, 2023Earnings Yield (TTM)
6.58%
Trailing Twelve MonthsP/E Ratio (TTM)
15.19
Trailing Twelve MonthsRevenue Per Share (TTM)
$11.11
Trailing Twelve MonthsFrequently Asked Questions
Bank of America's next earnings date is scheduled for January 10, 2025. The earnings call is expected to take place before market open.
In its last earnings report on October 15, 2024, Bank of America reported earnings per share (EPS) of $0.81, compared to an estimated EPS of $0.77. The company reported revenue of $23.80B, compared to an estimated revenue of $25.25B.
Bank of America's current Price-to-Earnings (P/E) ratio is 10.20. The trailing twelve months (TTM) P/E ratio is 15.19. The P/E ratio is a valuation metric that compares a company's current share price to its earnings per share (EPS). A higher P/E ratio suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E ratio.
For the fiscal year ending December 31, 2023, Bank of America reported total revenue of $95.79B and net income of $26.52B. This represents a net profit margin of 0.2768120935.
Bank of America's earnings yield is 9.81%. The earnings yield is the inverse of the P/E ratio and represents the percentage of each dollar invested in the stock that was earned by the company.
Bank of America's return on equity (ROE) is 9.09%. ROE is a measure of financial performance calculated by dividing net income by shareholders' equity. It measures how effectively management is using a company's assets to create profits.
Bank of America's gross profit margin is 100.00%. This indicates that for every dollar of revenue, the company retains $1.00 as gross profit after accounting for the cost of goods sold.