Business Daily.
.
A+ R A-

Fitch: Bank of America's Earnings Momentum Continues in 2Q15

E-mail Print PDF
CHICAGO--(BUSINESS WIRE)--Bank of America Corporation's (BAC) stated first quarter earnings of $5.32 billion continue to show improvement and supports the positive trajectory highlighted in Fitch Ratings' May 2015 upgrade of the company's viability rating to 'a'. Fitch calculated pre-tax profits, which exclude DVA/FVA adjustments and various other gains/losses amounted to $7.2 billion, or a 1.35% adjusted pre-tax return on ending assets. This is the strongest result BAC has delivered in some ti

imageimage
Grow Your Business with Times Media
Business Daily Media