Bank of America (BAC) Posts Q2 adj.-EPS of $0.42, Topping Views

(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.

You May Also Be Interested In

• Wolfe Research Upgrades Bank of America (BAC) to Outperform, 'Underearning Firms Shouldn’t Trade at a Discount'
• MetroCity Bankshares, Inc. (MCBS) Tops Q1 EPS by 4c
• American Express (AXP) Tops Q1 EPS by 38c