Bank of America Reports Consumer Banking Revenue Growth and Strong Performance in Wealth Management
Bank of America reported a year-over-year increase in consumer banking revenue by +5% and global wealth and investment management growth of +15.7%. The company's GAAP earnings per share (EPS) came in at $1.21, beating estimates by $0.09, while total revenue reached $31.6 billion, surpassing expectations by $830 million.
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Topics: Bank of America GAAP EPS Revenue Beats