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Bank of America Q2 Earnings Down, Net Revenue Up
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Bank of America Q2 Earnings Down, Net Revenue Up
Jul 16, 2024 4:38 AM

07:16 AM EDT, 07/16/2024 (MT Newswires) -- Bank of America ( BAC ) reported Q2 earnings Tuesday of $0.83 per diluted share, down from $0.88 a year earlier.

Analysts polled by Capital IQ expected $0.80.

Net revenue, expressed as the sum of net interest income and total noninterest income, for the quarter ended June 30 was $25.38 billion, up from $25.20 billion a year earlier.

Analysts surveyed by Capital IQ expected $25.20 billion.

Shares of the bank were up 1.7% in recent Tuesday premarket activity.

Price: 42.60, Change: +0.71, Percent Change: +1.69

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