“Bank of America’s Earnings Top Expectations. Profit Climbs 15%.”
April 18, 2023
“Bank of America BAC +2.88% ‘s first-quarter earnings topped expectations, continuing a trend at peer banks earlier this month.
The bank’s profit rose 15% to $8.2 billion, or 94 cents a share, topping expectations that it would earn 81 cents a share. Revenue grew 13% to $26.3 billion, well ahead of the $25.2 billion forecast by analysts surveyed by FactSet. The jump in revenue was helped by a 25% increase in net interest income to $14.4 billion.”…”
https://www.barrons.com/articles/bank-of-america-earnings-stock-price-88f39d9a?siteid=yhoof2
Invest in local banks. It will save you a lot of pain and heartache in the long run.