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Home>Bank of America Posts EPS of $0.03 After Accounting Adjustment for Credit Spreads

Bank of America Posts EPS of $0.03 After Accounting Adjustment for Credit Spreads

Perspectives Content Submission

Thu, 19 Apr 2012

Bank of America (NYSE:  BAC ) released its first quarter earnings for 2012, which saw a plunge to net income of $653 million, down 68 percent from a year ago. Earnings per share for the quarter, were 3 cents, down from 17 cents a year ago. That picture, however, included a significant accounting ch
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