BofA Net Interest Margin Unexpectedly Tumbles, As Lower Rates Add To Woes
July 17, 2019 at 09:04 AM EDT
Bank of America reported an 8% increase in net income, which rose to $7.3BN from a year ago, resulting in EPS of $0.74, better than the $0.71 expected even as revenue of $23.1BN, up 2% on the year, came just short of the $23.25 expected.