Bank of America Earnings: Performance and 2019 Forecast
In Q3 2019, Bank of America reported Total Revenues of $22.8 billion, which is marginally higher than the year-ago period. Wealth management and Consumer Banking segments saw growth of 2% and 3% respectively followed by 26% jump in investment banking revenues, offset by 836% decrease in "All Other" segment.....more
Bank of America Valuation: Expensive Or Cheap?
Trefis is valuing the company at P/E ratio of 12.9x, this works out to a price estimate of $34.72 for Bank of America’s shares, which is around 15% ahead of the current market price....more
Bank of America Revenues: How Does Bank of America Make Money?
Bank of America is primarily provides consumer banking, credit cards, commercial banking, investment banking, sales & trading, and wealth management services to institutional investors, Retail consumers.....more