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, […]
October 12, 2018
Via: Bank DirectorThe U.S. economy is riding high. Bank stocks, while their valuations are down somewhat from their highs at the beginning of the year, are still enjoying a nice run. For most banks that want to raise new equity capital, the […]
December 21, 2016
Via: YahooHow should an investor who’s interested in learning about Bank of America (NYSE:BAC) measure its profitability? This seems like a straightforward question that should have a straightforward answer. However, because of the idiosyncratic way banks report certain financial figures, it’s […]
June 8, 2023
June 7, 2023