Bank of America tops estimates as CEO Brian Moynihan says consumer banking is 'healthy'
The shares of Bank of America moving higher on these results. The firm beating on the top and bottom lines bolstered by equity sales and trading. The firm generating a dollar 11 per share in earnings, the highest EPS in almost two decades.Revenue was 30.4% billion. Equities trading contributed to that beat as the geopolitical environment roiled stock markets. That B of A unit was up 30% driving all of sales and trading to its best quarter in 15 years.Investment banking beating uh and was up by 21%. Net inte ...