Bank Of America: Don’t Let Q4 Distract From The Bigger Picture
Bank Of America: Don't Let Q4 Distract From The Bigger Picture 3Bank of America didn’t deliver as much as hoped-for in 4Q but quarterly numbers aren’t the issue for this company. The bigger picture is capital redistribution and that story is still well on track with BAC paying out $34bn in 2019 and retiring 10% of its shares. There’s another $15bn of repurchases coming in the next two quarters (5% of market …
News story posted on 2020-01-21T17:32:00.0000000Z