Tuesday, July 17, 2018

What Bank of America's CEO says about the company's momentum, strategy

The story ofBank of America Corp. is much different than it was 10 years ago. Now the banking industry’s golden goose, BofA continues to enjoy climbing profits as it operates under a business mantra of responsible growth. Second-quarter earnings only served to continue that narrative. BofA — the largest bank in Greater Baltimore — reported net income of $6.8 billion, or 63 cents per share. The bank posted revenue of $22.6 billion, a 1 percent year-over-year drop. BofA attributes that drop to…



from https://www.bizjournals.com/baltimore/news/2018/07/17/what-bank-of-americas-ceo-says-about-the-companys.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/175985832237

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