Bank of America Reports Third-Quarter 2016 Financial Results
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Jefferies Remains Bullish on Bank of America (BAC) Following 3Q Report
October 18, 2016 8:43 AM EDTJefferies reiterated a Buy rating and $19.00 price target on Bank of America (NYSE: BAC) following the company's 3Q earnings report. Fees were up 3% Y-Y on better IB, trading, service charges, and "other," flipping three quarters of negative comps.
Analyst Ken Usdin commented,... More
Nomura Reiterates Bullish View on Bank of America (BAC) Following Strong Q3
October 18, 2016 7:19 AM EDTNomura Securities analyst Steven Chubak reiterated his Buy rating and $19 price target on Bank of America (NYSE: BAC) following strong Q3 results, which he says provides fodder for bulls.
Chubak commented, "BAC reported 3Q EPS of $0.41 (>10% ROTE, ex DTA writedown, DVA loss), above... More
Bank of America (BAC) Posts Q3 EPS of $0.41
October 17, 2016 6:46 AM EDTBank of America (NYSE: BAC) reported Q3 EPS of $0.41, which may not compare with the analyst estimate of $0.33. Revenue was $21.6 billion, versus $20.9 billion expected.
For earnings history and earnings-related data on Bank of America (BAC) click here.
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