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Bank of America (BAC) Stock Drops as $1.2 Billion Fine Hits Earnings Day
By Trader Edge at 2026-11-06 16:44
Sentiment: Positive
TLDR Bank of America (BAC) stock fell about 2% in after-hours trading Tuesday after U.S. regulators announced a $1.21 billion penalty. Q3 net income was $6.9 billion, or $0.91 per diluted share, versus $1.10 expected by analysts. Excluding the charge, adjusted earnings were $1.08 per share on revenue of $30.0 billion, up 3%. Regulators said [...] The post Bank of America (BAC) Stock Drops as $1.2 Billion Fine Hits Earnings Day appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
Source Coin Central