Bank of America Q4 EPS Beats by $0.02, Revenue Up 12.3%, Pref Dividends Set

BACBAC

Bank of America reported Q4 EPS of $0.98, beating the $0.96 estimate, and generated $28.53 billion in revenue, up 12.3% year-over-year. The board declared a $0.28 quarterly common dividend (2.1% yield) and authorized preferred stock payouts, notably $31.50 for Series DD and $29.38 for Series FF.

1. Representative Julie Johnson Sells Bank of America Shares

In a January 15th filing, Representative Julie Johnson (D-Texas) disclosed the sale of between $1,001 and $15,000 in Bank of America shares on December 18th through her Chase Brokerage Account ending in 3935. This transaction marks her most recent trade in the bank’s stock and reflects legislative disclosure requirements under the STOCK Act. Investors will note that this sale is part of a broader portfolio rebalancing executed on the same date.

2. Q4 Earnings Exceed Analyst Estimates

Bank of America reported fourth-quarter earnings on January 14th, delivering EPS of $0.98 versus the consensus estimate of $0.96 and generating revenue of $28.53 billion compared with the anticipated $27.73 billion. The bank achieved a return on equity of 11.07% and a net margin of 16.23%, driven by a 10% year-over-year increase in net interest income. On a year-over-year basis, revenue rose 12.3% and EPS grew from $0.82 a year earlier, underpinning analysts’ forecasts of $3.70 in EPS for the current fiscal year.

3. Quarterly Dividend and Capital Return Update

Bank of America’s board declared a quarterly dividend of $0.28 per share, payable December 26th to shareholders of record on December 5th, representing a $1.12 annualized payout and a 2.1% yield. The dividend payout ratio stands at 29.24%. These payments reflect the firm’s commitment to returning capital while maintaining a current ratio of 0.80 and a debt-to-equity ratio of 1.15, supporting both liquidity and shareholder distributions.

Sources

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