Bank of America (BAC) reported Q1 FY 2020 earnings of $0.40 per share (versus $0.70 per share in Q1 FY 2019), missing analysts' consensus estimate of $0.60 per share.
The company's quarterly revenues amounted to $22.767 bln (-1.0% y/y), generally in line with analysts' consensus estimate of $22.584 bln.
BAC fell to $23.13 (-2.53%) in pre-market trading.