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Here comes Bank of America … (BAC)





Bank of America

Bank of America Merrill Lynch will report third-quarter earnings at 6:45 a.m. Friday.

Wall Street analysts are expecting the bank to report earnings of $0.46 per share, down from $0.48 in the second quarter.

Here are the other key figures and estimates analysts will be looking for:

  • Revenues of $21.95 billion, down from $23.2 in the second quarter.
  • Net income of $4.9 billion, down from $5.2 billion in the second quarter.
  • Trading revenues expected to suffer a double-digit decline.

Net interest income will also command attention, as the bank failed to meet expectations on this figure last quarter despite posting read more >>>

Source:: BusinessInsider.Com

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