Bank of America (BAC) Swings to Profit in Q1

Bank of America Corporation (BAC) dropped $0.12 to $15.70 in pre-market trading after it reported fiscal-first quarter earnings. The consumer banking giant handed in earnings of $0.27 per share on revenue of $21.42 billion, missing Wall Street estimates of $0.29 per share on revenue of $21.48 billion. Despite the miss, BofA’s results are positive. The […] View the full post at: Bank of America (BAC) Swings to Profit in Q1 Related posts: Bank of America Earns $4.2 Billion in Q1’09 Bank of America to Loan An Additional $5B to Small Businesses By 2010 Strategic Capital Bank, Champaign, Illinois: 09′s Bank Failure #35