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Tuesday, April 16, 2019

-=Bank of America (BAC) reported earnings on Tue 16 Apr 2019 (b/o)



Bank of America beats by $0.04, misses on revs
  • Reports Q1 (Mar) earnings of $0.70 per share, $0.04 better than the S&P Capital IQ Consensus of $0.66; revenues fell 0.4% year/year to $23 bln vs the $23.24 bln S&P Capital IQ Consensus.
  • Average loans and leases rose 4% to $897 bln.
  • Net interest yield (FTE basis) of 2.51%, up 9 bps.

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