BofA Surges On Solid Earnings Beat Despite Big FICC Miss, Jump In Credit Loss Provision
January 16, 2019 at 07:54 AM EST
Bank of America reported strong top and bottom-line results, with revenue rising 6% Y/Y to $22.7BN, beating consensus estimates of $23.35BN, and resulting in stronger than expected Net Income of $7.3BN and EPS of 70 cents.