BofA Profit Plunges 45% On $4.8 Billion In Expected Credit Losses From Coronacrisis
April 15, 2020 at 10:07 AM EDT
The bank reports $22.8 billion in revenue (missing the exp. $22.91BN) generating $0.40 in EPS (missing the exp. $0.46) and $4.0 billion in profit, which was down 45% from the $7.3 billion last year.
