Bank of America’s Solid Quarter, BNY Mellon Beats Estimates, and 3 More Hot Stocks
Bank of America Corp. (NYSE:BAC): Bank of America has reported EPS of $0.20, beating projections by $0.01, though revenue of $21.74 billion missed by $0.37 billion. Net interest income of $10.5 billion beat the $10.2 billion from a year ago. Non-interest income of $11.3 billion rose as well from $10.5 billion. Provisions for credit losses fell dramatically to $296 million from $1.8 billion in the year-ago period.