17-01-2018 18:30 via finance.yahoo.com

Bank of America Corp Marks Beginning of Secular Growth

In light of recently-reported quarterly results from peers and rivals like Citigroup Inc (NYSE:C) and JPMorgan Chase & Co. (NYSE:JPM), the prior quarter’s numbers from Bank of America Corp (NYSE:BAC) weren’t particularly surprising.Owners of BAC stock were also prepared to hear that the recent tax overhaul took a sizeable but one-time toll on the bottom line, even as it set the stage for major long-term growth.For its fourth fiscal quarter ending in December, Bank of America turn
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