Bank of America delivered strong Q1 2025 results, posting increased revenue and EPS, with robust performance across all segments, particularly in Global Markets. Consumer and business clients continued to show resilience, while capital and liquidity positions remained healthy.
Bank of America reported a net income of $6.9 billion, or $0.81 per diluted share, for Q3 2024. Revenue, net of interest expense, increased to $25.3 billion, driven by solid fee growth. The CET1 ratio stood at 11.8%, and the book value per share grew 8% year-over-year to $35.37.
Bank of America reported a strong quarter with a net income of $6.9 billion, or $0.83 per diluted share. Revenue increased slightly to $25.4 billion, driven by higher asset management and investment banking fees, as well as sales and trading revenue. The company returned $5.4 billion to shareholders through dividends and share repurchases.
Bank of America's Q1 2024 net income was $6.7 billion, or $0.76 per diluted share, compared to $8.2 billion, or $0.94 per diluted share in Q1 2023. Revenue decreased by 2% to $25.8 billion, impacted by lower net interest income. The results include a $700 million FDIC special assessment expense.