Investing.com - Bank of America reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Bank of America announced earnings per share of $0.82 on revenue of $22.06B. Analysts polled by Investing.com EPS of $0.7652 on revenue of $22.18B.
Bank of America 's are up 3% and is trading at $46.26 , still down 7.63% from its 52 week high of $50.08 set on Monday, January 10, 2022.
Bank of America follows other major Financial sector earnings this month
Bank of America's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.33 on revenue of $29.26B, EPS of $3.01 on revenue of $29.78B.
Wells Fargo&Co had beat expectations on Friday with fourth quarter EPS of $1.38 on revenue of $20.86B, for EPS of $1.11 on revenue of $18.84B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar