“Bank of America press release (NYSE:BAC): Q1 GAAP EPS of $0.80 beats by $0.05.
Revenue of $23.2B (+1.7% Y/Y) beats by $110M.
Provision for credit losses of $30 million increased $1.9 billion
Average deposits up $240 billion, or 13%, to $2.0 trillion
Average Global Liquidity Sources rose $106 billion, or 11%, to $1.1 trillion
Common equity tier 1 (CET1) ratio 10.4% (Standardized); returned $4.4 billion to shareholders through common stock dividends and share repurchases
Return on average common shareholders' equity ratio of 11.0%; return on average tangible common shareholders' equity ratio of 15.5%”
So that's nice.
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