One of the largest banks in USA Bank of America Wednesday reported a decline in net profit in the IV quarter of 2017 to 2.4 billion or up to $ 0.2 per share compared to 4.5 billion or $ 0.39 per share a year earlier. Analysts predicted profit at the level of $ 0.45 per share.
The income of the Bank increased to 20.44 billion, compared to 19.99 billion over the same period last year. Analysts predicted value of an indicator at the level of 21.49 billion.
During premarket trading on Bank of America shares rose 0.7%.