Bank of America Posts Better-Than-Forecast Earnings, Net Interest Income
Bank of America(BAC) Investopedia·2024-04-16 12:55
Key TakeawaysBank of America on Tuesday posted better-than-expected first-quarter results.During the three months, adjusted net income of $7.2 billion, or 83 cents per share, was well above expectations.The country's second-largest bank reported net interest income that beat expectations, while rivals JPMorgan and Wells Fargo missed estimates in the metric. Bank of America (BAC) on Tuesday posted better-than-expected first-quarter results, including net interest income, a key profitability metric that has d ...