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Barchart
Neharika Jain

Bank of America's Quarterly Earnings Preview: What You Need to Know

BAC

Valued at a market cap of $318.2 billion, Bank of America Corporation (BAC) is a financial holding company that provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments. The Charlotte, North Carolina-based company is expected to announce its fiscal Q1 earnings for 2025 before the market opens on Tuesday, Apr. 15.

Ahead of this event, analysts expect this financial giant to report a profit of $0.80 per share, down 3.6% from $0.83 per share in the year-ago quarter. The company has a solid trajectory of consistently beating Wall Street's earnings estimates in each of the last four quarters. In Q4 2024, BAC’s EPS of $0.82 topped the forecasted figure by 6.5%. 

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