Company news: Bank of America (BAC) Posts In-Line Q4 Results

Market news

19 January 2016

Company news: Bank of America (BAC) Posts In-Line Q4 Results

Bank of America reported Q4 FY 2015 earnings of $0.28 per share (versus $0.32 in Q4 FY 2014), slightly beating analysts' consensus of $0.27.

The bank's quarterly revenues amounted to $19.8 bln, slightly missing consensus estimate of $19.892 bln.

BAC rose to $14.73 (+1.87%) in pre-market trading.

Foreign exchange market. European session: the British pound traded lower against the U.S. dollar on comments by the Bank of England (BoE) Governor Mark Carney

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