S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)
A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
MarketBeat All Access New Year's Sale - Just $1.00 (Ad)

Bank of America (BAC) Earnings Date, Estimates & Call Transcripts

$33.67
-0.21 (-0.62%)
(As of 12/29/2023 ET)

Earnings Summary

Upcoming
Earnings Date
Jan. 12
Before Market Opens
Confirmed
Actual EPS
(Oct. 17)
$0.90 Beat By $0.07
Consensus EPS
(Oct. 17)
$0.83
Skip Charts & View Estimated and Actual Earnings Data

BAC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

BAC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Bank of America Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20235$0.76$0.95$0.86
Q2 20235$0.83$0.98$0.88
Q3 20235$0.78$0.92$0.85
Q4 20235$0.70$0.96$0.81
FY 202320$3.07$3.81$3.40
Q1 20243$0.76$0.84$0.80
Q2 20243$0.77$0.87$0.81
Q3 20243$0.70$0.88$0.79
Q4 20243$0.64$0.88$0.77
FY 202412$2.87$3.47$3.17
Q1 20251$0.79$0.79$0.79
Q2 20251$0.80$0.80$0.80
Q3 20251$0.77$0.77$0.77

BAC Earnings Date and Information

Bank of America last announced its earnings data on October 17th, 2023. The financial services provider reported $0.90 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.07. The company earned $25.20 billion during the quarter, compared to analyst estimates of $25.13 billion. Its revenue was up 2.8% on a year-over-year basis. Bank of America has generated $3.57 earnings per share over the last year ($3.57 diluted earnings per share) and currently has a price-to-earnings ratio of 9.4. Earnings for Bank of America are expected to decrease by -5.28% in the coming year, from $3.41 to $3.23 per share. Bank of America has confirmed that its next quarterly earnings report will be published on Friday, January 12th, 2024. Bank of America will be holding an earnings conference call on Friday, January 12th at 11:00 AM Eastern. Interested parties can register for or listen to the call..

Bank of America Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
1/12/2024
Confirmed)
-------  
10/17/2023Q3 2023$0.83$0.90+$0.07$0.90$25.13 billion$25.20 billion    
7/18/2023Q2 2023$0.84$0.88+$0.04$0.88$24.98 billion$25.20 billion    
4/18/2023Q1 2023$0.83$0.94+$0.11$0.94$25.28 billion$26.26 billion    
1/13/2023Q4 2022$0.76$0.85+$0.09$0.85$24.17 billion$24.50 billion    
10/17/2022Q3 2022$0.79$0.81+$0.02$0.81$23.46 billion$24.50 billion    
7/18/2022Q2 2022$0.77$0.73($0.04)$0.73$22.79 billion$22.69 billion    
4/18/2022Q1 2022$0.76$0.80+$0.04$0.80$23.09 billion$23.20 billion    
1/19/2022Q4 2021$0.76$0.82+$0.06$0.82$22.19 billion$22.06 billion    
10/14/2021Q3 2021$0.71$0.85+$0.14$0.85$21.60 billion$22.77 billion    
7/14/2021Q2 2021$0.77$1.03+$0.26$1.03$21.77 billion$21.50 billion    
4/15/2021Q1 2021$0.65$0.86+$0.21$0.86$21.67 billion$22.80 billion  
1/19/2021Q4 2020$0.55$0.59+$0.04$0.59$20.76 billion$20.10 billion  












Bank of America Earnings - Frequently Asked Questions

When is Bank of America's earnings date?

Bank of America has confirmed that its next quarterly earnings data will be published on Friday, January 12th, 2024. Learn more on BAC's earnings history.

Did Bank of America beat their earnings estimates last quarter?

In the previous quarter, Bank of America (NYSE:BAC) reported $0.90 earnings per share (EPS) to beat the analysts' consensus estimate of $0.83 by $0.07. Learn more on analysts' earnings estimate vs. BAC's actual earnings.

How can I listen to Bank of America's earnings conference call?

The conference call for Bank of America's latest earnings report can be listened to online. Listen to Conference Call

How can I read Bank of America's conference call transcript?

The conference call transcript for Bank of America's latest earnings report can be read online. Read Transcript

How much revenue does Bank of America generate each year?

Bank of America (NYSE:BAC) has a recorded annual revenue of $115.05 billion.

How much profit does Bank of America generate each year?

Bank of America (NYSE:BAC) has a recorded net income of $27.53 billion. BAC has generated $3.57 earnings per share over the last four quarters.

What is Bank of America's price-to-earnings ratio?

Bank of America (NYSE:BAC) has a trailing price-to-earnings ratio of 9.43 and a forward price-to-earnings ratio of 9.87. The price/earnings-to-growth ratio is 1.41.

What is Bank of America's EPS forecast for next year?

Bank of America's earnings are expected to decrease from $3.41 per share to $3.23 per share in the next year, which is a -5.28% change.


More Earnings Resources from MarketBeat

This page (NYSE:BAC) was last updated on 12/31/2023 by MarketBeat.com Staff

My Account -