UPDATE: Bank Of America (BAC) Posts Q1 Adj-EPS of 31c

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(Updated - April 19, 2012 7:26 AM EDT)

Bank Of America Corp. (NYSE: BAC) reported Q1 GAAP EPS of $0.03, or excluding negative valuation adjustments of $4.8 billion pretax, or $0.28 per share, from the narrowing of the company's credit spreads, $0.31, vs. the analyst estimate of $0.11. Revenue for the quarter came in at $22.49 billion versus the consensus estimate of $22.89 billion.

For earnings history and earnings-related data on Bank Of America Corp. (BAC) click here.

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