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Seeking Clues to Bank of America (BAC) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-10-10 14:16
Wall Street analysts expect Bank of America (BAC) to post quarterly earnings of $0.94 per share in its upcoming report, which indicates a year-over-year increase of 16.1%. Revenues are expected to be $27.12 billion, up 7% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earning ...
Bank of America (BAC) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2025-07-16 14:31
Financial Performance - For the quarter ended June 2025, Bank of America reported revenue of $26.46 billion, an increase of 4.3% year-over-year [1] - Earnings per share (EPS) was $0.89, up from $0.83 in the same quarter last year [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $26.59 billion, resulting in a surprise of -0.5% [1] - The company delivered an EPS surprise of +3.49%, with the consensus EPS estimate being $0.86 [1] Key Metrics - Efficiency Ratio (FTE basis) was 64.6%, slightly above the seven-analyst average estimate of 64.5% [4] - Net interest income/yield on earning assets was 1.9%, compared to the estimated 2% [4] - Net charge-off/Average Loans remained at 0.6%, matching the seven-analyst average estimate [4] - Book value per share of common stock was $37.13, exceeding the average estimate of $36.84 [4] - Total earning assets averaged $3050.21 billion, above the estimated $2975.44 billion [4] - Total nonperforming loans, leases, and foreclosed properties were $6.1 billion, below the average estimate of $6.66 billion [4] - Total Non-Performing Loans stood at $5.98 billion, also below the average estimate of $6.62 billion [4] - Tier 1 Capital Ratio was 12.8%, slightly below the average estimate of 13% [4] - Tier 1 Leverage Ratio was 6.7%, compared to the average estimate of 6.8% [4] - Total Noninterest Income was $11.79 billion, slightly below the average estimate of $11.81 billion [4] - Net Interest Income on a fully taxable-equivalent basis was $14.82 billion, below the estimated $14.86 billion [4] - Investment and brokerage services generated $4.78 billion, slightly above the average estimate of $4.76 billion [4] Stock Performance - Shares of Bank of America returned +4.3% over the past month, compared to the Zacks S&P 500 composite's +4.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Unlocking Q2 Potential of Bank of America (BAC): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2025-07-11 14:16
Core Viewpoint - Analysts project that Bank of America (BAC) will report quarterly earnings of $0.86 per share, a 3.6% increase year over year, with revenues expected to reach $26.61 billion, up 4.9% from the same quarter last year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 0.8%, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Metrics Forecast - The 'Efficiency Ratio (FTE basis)' is expected to reach 64.5%, compared to 63.9% in the same quarter last year [5]. - The 'Book value per share of common stock' is projected at $36.85, up from $34.39 a year ago [5]. - 'Total earning assets - Average balance' is forecasted to be $2975.40 billion, compared to $2887.94 billion in the same quarter last year [6]. - 'Total nonperforming loans, leases and foreclosed properties' are expected to be $6.66 billion, up from $5.69 billion a year ago [6]. - The estimated 'Total Non-Performing Loans' is $6.62 billion, compared to $5.47 billion in the same quarter last year [7]. - The 'Tier 1 Capital Ratio' is projected at 13.0%, down from 13.5% a year ago [7]. - The 'Net Interest Income - Fully taxable-equivalent basis' is expected to reach $14.88 billion, compared to $13.86 billion last year [8]. - 'Total Noninterest Income' is projected at $11.80 billion, slightly up from $11.68 billion in the same quarter last year [8]. - 'Investment and brokerage services' are expected to reach $4.73 billion, compared to $4.32 billion a year ago [9]. - The consensus estimate for 'Investment banking fees' stands at $1.34 billion, down from $1.56 billion in the same quarter last year [9]. - 'Total fees and commissions' are expected to be $9.29 billion, compared to $8.97 billion last year [9]. Stock Performance - Shares of Bank of America have increased by 5.3% over the past month, outperforming the Zacks S&P 500 composite, which rose by 4.1% [10].
Bank of America (BAC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-04-15 14:31
Bank of America (BAC) reported $27.37 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 6%. EPS of $0.90 for the same period compares to $0.83 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $26.86 billion, representing a surprise of +1.89%. The company delivered an EPS surprise of +11.11%, with the consensus EPS estimate being $0.81.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...