Bank of America Reports Q4-15 Net Income of $3.3B, EPS of $0.28

Dateline City: CHARLOTTE, N.C. Full-Year 2015 Net Income of $15.9B, EPS of $1.31 (1) Bank of America (NYSE: BAC): Financial Highlights 2                         Business Highlights 2   Consumer Banking • Revenue, net of interest expense, (FTE basis) up 4% to $19.8B (A)   • Net interest income (NII) (FTE basis) up 2% to $10.0B (A)   – Excluding market-related NII and other adjustments (A) , NII was $10.5B, compared to $10.3B in Q3-15 and $10.4B in Q4-14   • Noninterest income up 7% to $9.7B   • Provision for credit losses $0.8B, compared to $0.8B in Q3-15 and $0.2B in Q4-14   • Noninterest......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/1lqRzw9
via IFTTT