Truist Financial Begins Coverage on Bank of America (NYSEBAC)

News Source : ETF Daily News

News Summary

Bank of America (NYSE:BAC) last issued its quarterly earnings results on Tuesday, October 15th
Bank of America had a return on equity of 10
09% and a net margin of 12
48%
The firm had revenue of $25
30 billion for the quarter, compared to analysts’ expectations of $ 25
25 billion
During the same quarter in the prior year, the firm earned $0
90 EPS

Truist Financial initiated coverage on shares of Bank of America (NYSEBAC) in a research note issued to investors on Tuesday morning,Benzinga reports. The brokerage issued a buy rating and a $52.00 [+5979 chars]

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