Bank of America saw profits drop to $168m in the latest quarter after legal charge
A legal charge nearly erased US lender Bank of America's profits for the three months to September.
Bank of America Corp.
$46.75
10:57 15/11/24
1.85%
$0.85
The bank's profits declined to $168m from $2.5bn in the same period of a year ago, with revenues coming in at $21.4bn.
As of 12:26 shares in Bank of America were 0.36% higher at $16.58.