July 16, 2020
Via: CNBCBank of America on Thursday posted second-quarter earnings that were bolstered by stronger-than-expected bond trading and investment banking revenue. The bank said it generated earnings of $3.5 billion, or 37 cents a share, exceeding the 27 cents a share expected […]
January 15, 2020
Via: TheStreetBank of America (BAC) – Get Report posted better-than-expected fourth-quarter earnings Wednesday as loan growth offset narrowing interest rate margins at the consumer-focused lender. Shares in the group opened weaker, however, after it cautioned that net interest income would likely […]
July 17, 2019
Via: CNBCBank of America on Wednesday posted profit that exceeded analysts’ expectations on strength in its sprawling retail bank. The lender said it generated $7.3 billion in second-quarter profit, an 8% increase from a year earlier, or 74 cents a share, […]
April 15, 2019
Via: YahooPerformance of investment banking, one of the primary sources of revenues for Bank of America BAC, is expected to be muted in first-quarter 2019. So, this will likely have an adverse impact on the bank’s results, slated on Apr 16. […]
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