Bank of America Beats Estimates on Strong Trading Revenue

The video discusses Bank of America's Q1 financial results, highlighting an earnings per share of $0.41, which exceeded market expectations. The analysis covers the impact of divestments, revenue growth, and comparisons with peers like JP Morgan. The discussion also touches on shareholder returns, with a focus on dividends and share repurchases, and evaluates the bank's return on equity. Future growth strategies, particularly in retail banking, are also explored.

What was the reported earnings per share (EPS) for Bank of America in the first quarter?

• $0.41

• $0.35

• $0.45

• $0.37

How much did Bank of America divest in TLAC eligible debt in January?

• $8.0 billion

• $7.2 billion

• $6.7 billion

• $5.5 billion

What percentage of their earnings did Bank of America distribute to shareholders this year?

• 50%

• 60%

• 70%

• 80%

What was Bank of America's return on tangible equity in the first quarter?

• 8%

• 10%

• 12%

• 13%

What was the revenue growth percentage for Bank of America this quarter?

• 5%

• 6%

• 7%

• 8%