All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

BofA makes perfect zero but healthy businesses growing

Markets groaned at Bank of America Merrill Lynch’s results on Wednesday — net income of precisely $0.00 a share — then smiled at them, before deciding by the end of the day that they didn’t care. The bank’s share price fell by 1.5%, then was up by a similar amount, before ending the day unchanged at $9.44.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree