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Bank of America announced earnings per share of $0.82 on revenue of $22.06B. Analysts polled by Investing.com anticipated EPS of $0.7652 on revenue of $22.18B.
Bank of America shares are up 3% from the beginning of the year, still down 7.63% from its 52 week high of $50.08 set on January 10. They are outperforming the S&P 500 which is down 3.96% from the start of the year.
Bank of America’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3.01 on revenue of $29.78B.
Wells Fargo&Co had beat expectations on Friday with fourth quarter EPS of $1.38 on revenue of $20.86B, compared to forecast for EPS of $1.11 on revenue of $18.84B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
