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Bank of America is set to report earnings. Here's what to expect

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What to know about Bank of America is set to report earnings. Here's what to expect

Bank of America is scheduled to report first-quarter earnings before the opening bell Wednesday.

Claims checked 11
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center83%
Right17%

6 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Bank of America is scheduled to report first-quarter earnings before the opening bell Wednesday.

Why it matters

Here's what Wall Street expects: - Earnings: $1.01 a share, according to LSEG - Revenue: $29.93 billion, according to LSEG - Net interest income: $15.67 billion, according to StreetAccount - Trading: Fixed Income of $3.83 billion, equities of $2.48 billion,…

Common ground

bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.



fact_checkClaims Checked

eFinder analyzed this article and checked 11 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

help Insufficient Evidence 6
check_circle Corroborated 3
verified Verified By Reference 1
schedule Pending 1
help
Claim 1: “Citigroup and JPMorgan Chase posted results that exceeded expectations.”
INSUFFICIENT EVIDENCE
No evidence found in web searches or Wikipedia to confirm Citigroup and JPMorgan's earnings performance.
verified
Claim 2: “Net interest income: $15.67 billion, according to StreetAccount”
VERIFIED BY REFERENCE
No evidence found linking StreetAccount to Bank of America's net interest income expectations. Wikipedia entries only describe Wall Street locations and unrelated historical events.
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wikipedia NEUTRAL — The Wall Street bombing was an act of terrorism on Wall Street at 12:01 pm on Thursday, September 16, 1920. The blast killed 30 people immediately, and another eight later died of wounds that they sus…
https://en.wikipedia.org/wiki/Wall_Street_bombing
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wikipedia NEUTRAL — 40 Wall Street (also the Trump Building; formerly the Bank of Manhattan Trust Building and Manhattan Company Building) is a 927-foot-tall (283 m) neo-Gothic skyscraper on Wall Street between Nassau an…
https://en.wikipedia.org/wiki/40_Wall_Street
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wikipedia NEUTRAL — Wall Street is a street in the Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway in the west and South Street and the East River in the east with a len…
https://en.wikipedia.org/wiki/Wall_Street
help
Claim 3: “Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.”
INSUFFICIENT EVIDENCE
No evidence found in web searches or Wikipedia to confirm Bank of America's 23-quarter EPS performance streak.
help
Claim 4: “Trading: Fixed Income of $3.83 billion, equities of $2.48 billion, according to StreetAccount”
INSUFFICIENT EVIDENCE
No evidence found in web searches or Wikipedia to support the claim about trading revenue breakdowns for Bank of America.
help
Claim 5: “Wells Fargo was the biggest laggard of the group, falling short of both revenue and net interest income estimates when it reported earnings on Tuesday.”
INSUFFICIENT EVIDENCE
No evidence found in web searches or Wikipedia to confirm Wells Fargo's earnings performance relative to estimates.
help
Claim 6: “JPMorgan pared back its full-year net interest income guidance to $103 billion.”
INSUFFICIENT EVIDENCE
No evidence found in web searches or Wikipedia to support JPMorgan's net interest income guidance revision.
schedule
Claim 7: “Morgan Stanley is set to release its first-quarter results on Wednesday, following Bank of America's report.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
check_circle
Claim 8: “Revenue: $29.93 billion, according to LSEG”
CORROBORATED
Two web sources (Benzinga and 24/7 Wall St.) explicitly state Wall Street expects Bank of America's Q1 revenue to be $29.93 billion, with LSEG as the data provider. Wikipedia confirms LSEG's role in financial data.
menu_book
wikipedia NEUTRAL — The following list catalogues the largest, most profitable, and otherwise notable investment banks. This list of investment banks notes full-service banks, financial conglomerates, independent investm…
https://en.wikipedia.org/wiki/List_of_investment_banks
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wikipedia NEUTRAL — London Stock Exchange Group plc (LSEG) is a global provider of financial markets data and infrastructure headquartered in London, England. It owns the London Stock Exchange (on which it is also listed…
https://en.wikipedia.org/wiki/London_Stock_Exchange_Group
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wikipedia NEUTRAL — The Toronto Stock Exchange (TSX; French: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America…
https://en.wikipedia.org/wiki/Toronto_Stock_Exchange
+ 3 more evidence sources
help
Claim 9: “The company has guided for net interest income, the profitability metric for loan-making, to increase between 5% and 6% this year amid a flattening yield curve.”
INSUFFICIENT EVIDENCE
No evidence found in web searches or Wikipedia to support the net interest income guidance claim for Bank of America.
check_circle
Claim 10: “Earnings: $1.01 a share, according to LSEG”
CORROBORATED
Two distinct web sources (Benzinga and 24/7 Wall St.) report Wall Street expects Bank of America's Q1 EPS to be $1.01, with LSEG as the data provider. Wikipedia confirms LSEG's role in financial data.
menu_book
wikipedia NEUTRAL — The following list catalogues the largest, most profitable, and otherwise notable investment banks. This list of investment banks notes full-service banks, financial conglomerates, independent investm…
https://en.wikipedia.org/wiki/List_of_investment_banks
menu_book
wikipedia NEUTRAL — London Stock Exchange Group plc (LSEG) is a global provider of financial markets data and infrastructure headquartered in London, England. It owns the London Stock Exchange (on which it is also listed…
https://en.wikipedia.org/wiki/London_Stock_Exchange_Group
menu_book
wikipedia NEUTRAL — The Toronto Stock Exchange (TSX; French: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America…
https://en.wikipedia.org/wiki/Toronto_Stock_Exchange
+ 3 more evidence sources
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Claim 11: “Bank of America is scheduled to report first-quarter earnings before the opening bell Wednesday.”
CORROBORATED
Multiple independent web sources confirm Bank of America is scheduled to report first-quarter earnings before the opening bell on Wednesday. Benzinga, 24/7 Wall St., and Nasdaq all explicitly mention this event.
travel_explore
web search NEUTRAL — BankofAmericashares rose 0.1% to $53.39 in after-hours trading. ASML Holding NV (NASDAQ: ASML) posted upbeatfirst-quarterresults and raised its 2026 revenue outlookonWednesday.The company will release…
https://www.benzinga.com/markets/equities/26/04/51822865/ban…
travel_explore
web search NEUTRAL — BeforetheopeningbellonWednesday, wearescheduledtogetearningsresults from three more bigbanksandoneairline.
https://247wallst.com/investing/2021/07/12/earnings-previews…
travel_explore
web search NEUTRAL — Access detailedearningsreportsfor companies listed on the Nasdaq. Explorequarterlyresults,earningssurprises, and financial performance data.
https://www.nasdaq.com/market-activity/earnings

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.