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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 | |
---|---|---|---|---|---|---|---|---|
-0.21 | -0.55% | 38.16 | 38.495 | 38.00 | 38.02 | 28,747,718 | 00:59:33 |
By Ben Eisen
Bank of America Corp.'s profit fell 16% in the third quarter, though the bank indicated that it is well prepared to weather the coronavirus recession.
The Charlotte, N.C., lender said Wednesday that it earned $4.88 billion in the July-to-September period, compared with $5.78 billion a year ago and $3.53 billion in the prior quarter.
Profit amounted to 51 cents per share. Analysts polled by FactSet had forecast 49 cents.
Write to Ben Eisen at ben.eisen@wsj.com
(END) Dow Jones Newswires
October 14, 2020 07:20 ET (11:20 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Bank of America Chart |
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