Benzinga | Jan 19, 2022 07:02AM EST

Recap: Bank of America Q4 Earnings



Bank of America (NYSE:BAC) reported its Q4 earnings results on Wednesday, January 19, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Bank of America beat estimated earnings by 7.89%, reporting an EPS of $0.82 versus an estimate of $0.76, which did not surprise analysts.

Revenue was up $1.95 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14, which was followed by a 2.88% increase in the share price the next day.

Here's a look at Bank of America's past performance:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.71 0.77 0.66 0.55EPS Actual 0.85 1.03 0.86 0.59Revenue Estimate 21.78B 21.83B 22.13B 20.68BRevenue Actual 22.87B 21.58B 22.93B 20.21B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.