We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Bank of America Corporation | NYSE:BAC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.45 | 1.22% | 37.33 | 37.53 | 37.08 | 37.25 | 34,082,664 | 01:00:00 |
From May 2019 to May 2024
By Christina Rexrode and Peter Rudegeair
Bank of America Corp. said its fourth-quarter profit rose as its trading desk benefited from the uncertainty caused by Donald Trump's surprise election.
Quarterly profit at the Charlotte, N.C.-based bank was $4.7 billion, from $3.28 billion a year earlier. Per-share earnings were 40 cents. Analysts had expected 38 cents a share.
Revenue was $19.99 billion, from $19.58 billion a year ago. Analysts had expected $20.85 billion.
Brian Moynihan, who this month marked his seven-year anniversary as CEO, is enjoying a period of relative calm after years of heavy loan losses and debilitating legal fees. Now, Mr. Moynihan is working on improving shareholder returns. The bank's shares have shot up by a third since Mr. Trump's election, more than the rally across broader bank stocks.
Shares fell 0.5% in premarket trading.
Write to Christina Rexrode at christina.rexrode@wsj.com and Peter Rudegeair at Peter.Rudegeair@wsj.com
(END) Dow Jones Newswires
January 13, 2017 07:04 ET (12:04 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year Bank of America Chart |
1 Month Bank of America Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
