bearish

Bank of America – Not Exactly A Shining Result

164 Views19 Apr 2021 06:00
BANK OF AMERICA: BAC's QOQ 1Q21 bottom-line increased 45.2% driven by reserve releases and trading (not sustainable). Net new NPLs reversed course – increasing to a high 74.8% on an annualized basis.
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Thomas J. Monaco
Silver Point
FinancialsEquity Bottom-UpThematic (Sector/Industry)
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