Categories AlphaGraphs, Earnings, Finance
Infographic: How Bank of America (BAC) performed in Q4 2023
Bank of America (NYSE: BAC) reported its fourth quarter 2023 earnings results today.
Revenue, net of interest expense, was $22 billion, down 10% year-over-year. Adjusted revenue decreased 4%.
Net income was $3.1 billion, or $0.35 per share, compared to $7.1 billion, or $0.85 per share last year. Adjusted net income was $5.9 billion, or $0.70 per share.
Earnings beat expectations while revenue fell short.
Net interest income decreased 5% to $13.9 billion. Non-interest income was $8 billion.
The company returned $2.7 billion to shareholders through common stock dividends and share repurchases.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and