Bank Of America Spokesperson Q3 Results Will Include Non-Tax-Deductible Charge Of $1.2 Billion Impacting Net Income By About 17 Cents Per Share

By Reuters News

Bank of America Corporation BAC.N:

  • BANK OF AMERICA SPOKESPERSON: Q3 RESULTS WILL INCLUDE NON-TAX-DEDUCTIBLE CHARGE OF $1.2 BILLION IMPACTING NET INCOME BY ABOUT 17 CENTS PER SHARE

  • BANK OF AMERICA SPOKESPERSON: OUR TEAM IS FAR ALONG WITH & COMMITTED TO COMPLETING WORK REQUIRED TO ADDRESS ISSUES RAISED BY OUR REGULATORS

  • BANK OF AMERICA SPOKESPERSON: DEDICATED SUBSTANTIAL PERSONNEL & RESOURCES TO ONGOING REMEDIATION EFFORTS, & THOSE COSTS ARE IN CURRENT EXPENSE BASE

Source text: [ID:]

Further company coverage: BAC.N

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