Bank of America Profit’s Fell More Than 50% on One-Time Charges

Bank of America Profit’s Fell More Than 50% on One-Time Charges

Business
January 12, 2024 by secret
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The nation’s second-largest bank earned $3.14 billion, down 56% from $7.13 billion a year earlier. That amounts to 35 cents per share. Analysts expected 53 cents, according to FactSet. Revenue fell 10% to $21.99 billion. Analysts expected $23.7 billion. Source link
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The nation’s second-largest bank earned $3.14 billion, down 56% from $7.13 billion a year earlier.

That amounts to 35 cents per share. Analysts expected 53 cents, according to FactSet.

Revenue fell 10% to $21.99 billion. Analysts expected $23.7 billion.



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