International Companies

Bank of America upbeat despite profits slide

By Abigail Townsend

Date: Tuesday 16 Apr 2024

(Sharecast News) - Bank of America said it had seen a "strong" first quarter on Tuesday, despite posting a sharp fall in profits.
First quarter net income at the US lender dropped to $6.7bn from last year's $8.2bn, while diluted earnings per share fell to $0.76 from $0.94.

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