Thursday, January 18, 2018

Bank of America execs say 'responsible growth' is key to success

Corporate tax cut or not, Bank of America Corp. plans to operate its business as usual, focusing on responsible growth. That was the message CEO Brian Moynihan and CFO Paul Donofrio had for investors in a Wednesday morning conference call. The Charlotte, North Carolina-based bank posted net income of $2.4 billion during 2017’s fourth quarter, or 20 cents per share, including a $2.9 billion charge related to the GOP-led tax overhaul that passed in late December 2017. Excluding the one-time charge,…



from https://www.bizjournals.com/baltimore/news/2018/01/18/bank-of-america-execs-say-responsible-growth-is.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/169845921477

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