Bank of America Corporation (BAC) announced a profit for its fourth quarter that increased from the same period last year
The company's earnings totaled $6.90 billion, or $0.85 per share. This compares with $6.77 billion, or $0.82 per share, in last year's fourth quarter.
The company's revenue for the quarter rose 11.2% to $24.53 billion from $22.06 billion last year.
Bank of America Corporation earnings at a glance (GAAP) :
-Earnings (Q4): $6.90 Bln. vs. $6.77 Bln. last year.
-EPS (Q4): $0.85 vs. $0.82 last year.
-Revenue (Q4): $24.53 Bln vs. $22.06 Bln last year.
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