Bank of America posted net income of $7.4 billion for the first quarter of 2025, with earnings per share of $0.90, beating market estimates. Total revenue came in at $27.4 billion.
Net interest income of $14.4 billion represented a 3% increase from the same quarter a year earlier.
LENDING AND CAPITAL
Average loans and leases across the bank's portfolio stood at $1.09 trillion for the quarter, up 4%.
The Common Equity Tier 1 ratio was 11.8% at the end of the first quarter.
MANAGEMENT OUTLOOK
Bank of America's management pointed to a more supportive backdrop for net interest income growth.
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