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Real Estate & Property Law

: Housing Wire

BofA Returns to Green, Warns on Credit Costs

By DIANA GOLOBAY

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Bank of America Corp. (BAC: 8.29 -21.79%) earned $4.2bn net income — or 44 cents per share after preferred dividends including $402m to the U.S. government — in Q109, compared with the fourth-quarter $1.79bn net loss reported in mid-January. The Charlotte, N.C.-based bank’s Q1 profit more than matched the earnings posted for all of 2008, [...]

Full post as published by Housing Wire on April 20, 2009 (boomark / email).

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