Gewinn & Umsatz News zur BIG 5 Aktie

 

BofA Reports Strong Results Boosted By Record Equity Trading, Budgets 4 Rate Cuts It's deja vu all over again. With bank earnings season coming to a rapid close, this morning we got results of the last 2 of the "Big 5", when Bank of America and Citigroup both reported Q1 earnings, and we doubt it will surprise anyone that the pattern observed over the past few days remained the same: blowout equity trading revenues, offset by disappointing FICC, and slowing Investment banking advisory and underwriting. Taking a closer look at the bigger of the two, Bank of America joined JPM, Goldman and MS in posting record equity trading revenues as the bank reaped the benefits of soaring volatility and net interest income topped analysts' estimates. Revenue from equity trading rose 17% to $2.18 billion in the first three months of the year, helping the bank beat analysts' estimates for per-share earnings. Meanwhile, trading of FICC (fixed income, currencies and commodities) missed estimates, br...