Bank of America (BAC) Posts Q2 adj.-EPS of $0.42, Topping Views
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Revenue Growth %: -1.9%
Financial Fact:
Total revenue, net of interest expense: 21.64B
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(Updated - July 18, 2016 6:54 AM EDT)
Bank of America (NYSE: BAC) reported Q2 EPS of $0.36, versus the analyst estimate of $0.33. Revenue for the quarter came in at $20.6 versus the consensus estimate of $20.41 billion.
Q2-16 includes after-tax negative impacts of $0.6 billion, or $0.05 per share, for marketrelated NII adjustments, and $0.1 billion, or $0.01 per share, for net DVA. EPS was $0.42 excluding negative impacts.
Revenue was $20.6 billion, net of interest expense, with the consensus at $20.4 billion.
Trading revenue was $3.7 billion, versus $3.44 billion estimate.
For earnings history and earnings-related data on Bank of America (BAC) click here.
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