Bank Of America Q1 Profit Tops Estimates; Revenue Relatively Stable

Bank of America Corp. (BAC) reported first-quarter earnings per share of $ 0.70, up 13 percent from $ 0.62, a year ago. On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $ 0.65 for the quarter. Analysts’ estimates typically exclude special items. Net profit applicable to common shareholders increased year-over-year to $ 6.87 billion from $ 6.49 billion.
RTT – Earnings

BEST DEAL UPDATE: