CORRECT: Bank Of America 1Q Trading Rev. Excl DVA Beats Est.
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
BAC US (Bank of America Corp)
People
Brian Moynihan (Bank of America Corp)
Paul Donofrio (Bank of America Corp)
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UUID: 7947283
(Bloomberg) -- (Corrects efficiency ratio figure)
- Bank of America 1Q trading rev. excl DVA $4.03b, est. $3.59b (Bloomberg News).
- 1Q EPS 41c
- 1Q FICC trading rev. excl DVA $2.93b, est. $2.58b (Bloomberg News)
- 1Q equities trading rev. excl DVA $1.10b, est. $1.01b
- 1Q rev. net of interest expense $22.2b
- 1Q compensation expenses $9.16b, est. $8.84b
- 1Q provision for credit losses $835m, est. $922m
- 1Q return on avg. equity 10.3%
- 1Q return on avg. assets 0.88%
- 1Q Basel 3 common equity Tier 1 ratio fully phased-in, advanced approach 11%, est. 10.81% (range 10.6%-11%)
- 1Q efficiency ratio 66.15%
- 1Q net Reserve Release $99m
- Shares up 0.9% since earnings release to $23.06 on 15,994 shares traded
- 24 buys, 9 holds, 2 sells before today
- Call 8:30am (NY time), 877.200.4456 pw 79795
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
BAC US (Bank of America Corp)
People
Brian Moynihan (Bank of America Corp)
Paul Donofrio (Bank of America Corp)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283