News of Sina US stocks on January 15th, Bank of America CorporationAnnounced financial results for the fourth quarter of fiscal year 2019. Financial report data show
Bank of America Corporation earned $1.02 billion from stock trading in the fourth quarter, excluding debt valuation adjustments.
Fourth-quarter revenue from FICC trading, excluding debt valuation adjustments, was $1.84 billion.
Investment banking revenue in the fourth quarter was $1.5 billion, with market estimates of $1.42 billion.
Revenue in the fourth quarter was $22.3 billion, compared with $22.736 billion in the same period last year.
Net profit in the fourth quarter was $7 billion, compared with $7.039 billion in the same period last year.