Bank of America (NYSE:BAC) reported its Q4 earnings results on Wednesday, January 19, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Bank of America beat estimated earnings by 7.89%, reporting an EPS of $0.82 versus an estimate of $0.76, which did not surprise analysts.
Revenue was up $1.95 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14, which was followed by a 2.88% increase in the share price the next day.
Here's a look at Bank of America's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.71 | 0.77 | 0.66 | 0.55 |
| EPS Actual | 0.85 | 1.03 | 0.86 | 0.59 |
| Revenue Estimate | 21.78B | 21.83B | 22.13B | 20.68B |
| Revenue Actual | 22.87B | 21.58B | 22.93B | 20.21B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
