From Financial Modeling Prep: 2024-10-10 01:00:03

In the financial services industry, Bank of America Corporation (BAC) competes with major players like JPMorgan Chase and Wells Fargo. Analysts predict BAC’s upcoming quarter will have an EPS of $0.78 and revenue of $25.31 billion. Higher deposit costs are a concern for U.S. banks, impacting profitability, including BAC’s. Financial metrics like a P/E ratio of 12.95 and debt-to-equity ratio of 2.38 provide insight into BAC’s market valuation and financial health.



Read more at Financial Modeling Prep:: Bank of America Corporation’s Upcoming Earnings: A…