Bank of America Revenue Misses Forecast, Shares Fall
Reuters, Apr. 16, 2019–Matt Scuffham, Siddharth Cavale
Chief Financial Officer Paul Donofrio told analysts on a conference call that the bank anticipates its net interest income will rise by 3 percent in 2019, compared with 6 percent last year. “We’ve got some near-term headwinds,” he said.