Market Intelligence

Bank of America Corporation Profit Climbs In Q4

A generic image of a pen, a calculator and papers
Credit: Shutterstock photo

( - Bank of America Corporation ( BAC ) revealed earnings for its fourth quarter that climbed from the same period last year.

The company's profit totaled $7.04 billion, or $0.70 per share. This compares with $2.08 billion, or $0.20 per share, in last year's fourth quarter.

The company's revenue for the quarter rose 11.3% to $22.74 billion from $20.44 billion last year.

-Earnings (Q4): $7.04 Bln. vs. $2.08 Bln. last year. -EPS (Q4): $0.70 vs. $0.20 last year. -Revenue (Q4): $22.74 Bln vs. $20.44 Bln last year.

For comments and feedback: contact

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.