Bank of America: above expectations in 2nd quarter
(CercleFinance.com) - Bank of America indicates that it has raked in net revenues up 33% to 6.
8 billion dollars for the second quarter of 2018.
This result, ensuing from cost-cutting and taxation exercises, allows the enterprise to raise its earnings per share to 63 cents. This is six cents more than analysts' expectations.
Revenues are relatively stable at 22.6 billion dollars (compared to 22.8 billion in the same period last year). The Consumer Banking segment has notably seen its turnover grow by 8%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
8 billion dollars for the second quarter of 2018.
This result, ensuing from cost-cutting and taxation exercises, allows the enterprise to raise its earnings per share to 63 cents. This is six cents more than analysts' expectations.
Revenues are relatively stable at 22.6 billion dollars (compared to 22.8 billion in the same period last year). The Consumer Banking segment has notably seen its turnover grow by 8%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.