Bank of America is set to report second-quarter earnings — here's what the Street expects

Here's what Wall Street expects: Earnings: 27 cents a share, a 64% drop from a year earlier, according to Refinitiv.Net Interest Margin: 2.04%, according to FactSet.

Brian Moynihan, Bank of America, speaking at the WEF at Davos, January 21, 2020Here's what Wall Street expects:Revenue: $22 billion, a 5.3% drop from a year earlier.Trading revenue: Fixed income $2.63 billion; equities $1.27 billion.The second-biggest U.S. bank by assets has a huge retail bank coupled with a global investment bank, much like the larger

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks dip as investors weigh bank earnings and spiking virus cases - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Futures rise with bank earnings in focusU.S. stock index futures rose on Tuesday as investors geared up for quarterly earnings reports from the big U.S. banks to provide clues on corporate America's expectations for the pace of an economic recovery in the second half of the year. Strange because banks earnings are going to be a disaster
Source: Reuters - 🏆 2. / 97 Read more »