Bank of America (BAC) Tops Q1 EPS by 7c

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Go back to Bank of America (BAC) Tops Q1 EPS by 7c

Bank of America Reports First-quarter 2015 Net Income of $3.4 Billion, or $0.27 per Diluted Share

April 15, 2015 7:00 AM EDT

Results Include $1.0 Billion ($0.06 per Share) in Annual Retirement-eligible Incentive Costs and $0.5 Billion ($0.03 per Share) in Charges to Revenue for Market-related Net Interest Income Adjustments

Continued Business Momentum

Period-end Deposit Balances Increased to Record $1.15 Trillion Originated $17 Billion in First-lien Residential Mortgage Loans and Home Equity Loans Issued 1.2 Million New Credit Cards With 66 Percent Going to Existing Relationship Customers Merrill Edge Brokerage Assets Increased 18 Percent From Q1-14 to $118 Billion Wealth Management Asset Management... More