Stayin' Alive: Bank of America
Like most on Wall Street.... Q1 earnings came in HOT!
Bank of America just dropped a Q1 earnings bomb. 𝗟𝗶𝗸𝗲 𝗪𝗢𝗪.
EPS at $0.90 (vs. $0.82 consensus) and revenue at $27.4B (vs. $26.9B) screams resilience, powered by a cost efficiency streak that’s practically Machiavellian (those layoffs weren’t for nothing).
Back in early March, I projected that Bank of America’s focus on risk management hires and len…
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