Greater curiosity fees are expected to drive up
Bank of America
‘s fourth-quarter earnings, even as the lender is projected to see a drop in income.
Financial institution of The usa (ticker: BAC) is forecast to submit income of $24.2 billion, up from $22.1 billion in the yr-back quarter, in accordance to analysts surveyed by FactSet. Earnings, meanwhile, are predicted to drop by 9% to $6.4 billion, or 77 cents per share.
Greater curiosity fees are expected to drive up
Bank of America
‘s fourth-quarter earnings, even as the lender is projected to see a drop in income.
Financial institution of The usa (ticker: BAC) is forecast to submit income of $24.2 billion, up from $22.1 billion in the yr-back quarter, in accordance to analysts surveyed by FactSet. Earnings, meanwhile, are predicted to drop by 9% to $6.4 billion, or 77 cents per share.
