of the bank’s main divisions saw revenue gains: an 8% increase in its global banking business, a 3% increase on consumer banking revenue and a 2% increase in wealth management revenue.
While revenue fell 2% in the bank’s trading division, total company revenue was largely unchanged from a year earlier at $23 billion, beating analysts’ $22.8 billion estimate.Bank of America is one of billionaire investor Warren Buffett’s favorite stocks.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
skleb1234 VIEW, LIKE and SUBSCRIBE (also click the bell button) Just type: ‘gritheart’ on your YouTube search bar And click the desired video clip! gritheart 1 “UFO SIGHTINGS” by Various Contributors via YouTube gritheart 1 “UFO SIGHTINGS”
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.
Three before you leave — What to watch for Wednesday including Netflix, Bank of America earningsWe'll get earnings from Bank of America and Netflix, as well as retail sales on Wednesday
Source: CNBC - 🏆 12. / 72 Read more »
94% of the time when this happens, stocks are a winning bet over bondsBank of America says investors should still look to stocks for value rather than bonds. We are headed into a major financial crisis that will be a liquidity event which involves government – not the private sector - as was the case in 2008. So buckle-up. This is something NOBODY has ever witnessed before!! Fed Model on steroids. StockMarket
Source: CNBC - 🏆 12. / 72 Read more »
J&J beats third-quarter earnings expectations on higher prescription drug salesJ&J's pharmaceutical business, which accounts for half of the company's revenue, posted revenue of $10.88 billion. Of course they did.....
Source: CNBC - 🏆 12. / 72 Read more »
BlackRock beat earnings expectations as technology services drive growth in a 'volatile' marketBlackRock beat earnings expectations as technology services drive growth but profits drop 8%
Source: BusinessInsider - 🏆 729. / 51 Read more »