Bank of America (BAC) Posts Q2 EPS of 45c

Go back to Bank of America (BAC) Posts Q2 EPS of 45c

Bank of America Reports Second-quarter 2015 Net Income of $5.3 Billion, or $0.45 per Diluted Share

July 15, 2015 7:00 AM EDT

Results Include $0.7 Billion ($0.04 per Share) in Favorable Market-related Net Interest Income Adjustments

Noninterest Expense Declines to $13.8 Billion; Lowest Level Since Q4-08

Continued Business Momentum

Consumer Banking Deposits (EOP) up $33 Billion, or 6 Percent, From Q2-14 to $547 Billion Residential Mortgage and Home Equity Loan Originations up 40 Percent From Q2-14 to $19.2 Billion 1.3 Million New Credit Cards Issued; Highest Level Since Q3-08 Merrill Edge Brokerage Assets up 15 Percent From Q2-14 to $122 Billion... More