B of A’s margins widen 16 basis points, profits rise 40%
Bank of America beat expectations in several categories, including earnings per share, revenue and net interest margin. American Banker: Feed
Bank of America beat expectations in several categories, including earnings per share, revenue and net interest margin. American Banker: Feed
Total loans rose 7%, but the provision for loan losses jumped 27% to $ 1.7 billion. American Banker: Feed
Citizens Financial Group in Providence, R.I., reported bigger profits in the fourth quarter on the strength of loan growth and improvements in its loan yield. American Banker: Feed
Comerica reported a steep decline in first-quarter profits as weak energy prices forced the Dallas company to sharply boost its reserves for loan losses. American Banker