Bank of America Q4 2016 Earnings Rose 46.75%.
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Posted On: 01/13/2017 11:18:50 AM
Bank of America Q4 2016 Earnings Rose 46.75%.
$BAC posted a 46.75% increase in 4Q16 earnings, helped by higher revenue, expense management and creation of operating leverage. Net income for the quarter rose 46.75% to $4.33Bil or $0.40 per share from $2.95Bil or $0.27 per share a year ago. Total revenue grew 2.51% to $19.99Bil from $19.5Bil.
$BAC Bank of America Earnings InfoGraphics : Q4 2016 Highlights
$BAC posted a 46.75% increase in 4Q16 earnings, helped by higher revenue, expense management and creation of operating leverage. Net income for the quarter rose 46.75% to $4.33Bil or $0.40 per share from $2.95Bil or $0.27 per share a year ago. Total revenue grew 2.51% to $19.99Bil from $19.5Bil.
$BAC Bank of America Earnings InfoGraphics : Q4 2016 Highlights
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