These Analysts Boost Their Forecasts On Bank of America Following Better-Than-Expected Earnings
BACBank of America(BAC) Benzinga·2024-07-18 01:22

Loading...Loading...Bank of America Corp BAC reported better-than-expected second-quarter results on Tuesday.The company posted second-quarter fiscal 2024 net income of $6.9 billion and EPS of 83 cents, beating the analyst consensus estimate of 80 cents, according to data from Benzinga Pro.Revenue, net of interest expense, increased 0.8% year-over-year to $25.54 billion, beating the analyst consensus estimate of $25.22 billion.The net interest income was $13.7 billion (-3.0% Y/Y), as higher deposit costs mo ...