Bank of America (BAC) Posts Q4 GAAP EPS of 25c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/9/2026
Go back to Bank of America (BAC) Posts Q4 GAAP EPS of 25c
January 15, 2015 10:18 AM EST
Compass Point analyst Michael Tarkan, CFA noted that with earnings today Bank of America (NYSE: BAC) announced that it has moved the majority of its $3 billion student loan portfolio into held for sale. He views Navient (NASDAQ:... More
January 15, 2015 8:56 AM EST
Nomura Securities analyst Steven Chubak provided a first look at Bank of America (NYSE: BAC), saying the revenue miss overshadows lower-quality beat.
4Q: Beat on credit, tax rate; revenue miss should drive share U/P
BAC reported 4Q14 EPS of $0.25 ($0.32 ex items), which compares to our forecast of $0.32 (cons. of $0.31). Vs. our forecast, declines in Global Markets revenues (notably FICC, Equities) and weaker NII were offset by lower provision and a lower tax rate. We expect the shares to come under pressure, as disappointing revenue trends (declining loan balances, trading
underperformance)... More
