: Bank of america q4 2017 earnings
| Bank of america q4 2017 earnings |
| How to deposit a check at pnc bank atm |
| MEREDITH VILLAGE SAVINGS BANK ALTON NH |
Bank of america q4 2017 earnings -
Danske Bank’s use of cookies and processing of personal data
Inflation gaining slightly more traction
Whereas inflation was seen as a transitory phenomenon at the start of the year, it has gained a little more traction than expected, especially in the US.
Read more
Danske Bank joins the Net-Zero Banking Alliance
By joining this initiative, Danske Bank is committing to aligning its lending and investment portfolios towards net-zero greenhouse gas emissions by 2050 or sooner – and setting interim reduction targets along the way. Danske Bank will do this in close cooperation with its customers by providing financial advice and solutions that support the green transition.
Read more
Interim report for the first nine months of 2021
Customer activity and strong capital markets performance drive progress together with cost focus and strong credit quality. Progress towards full profitability potential. Return on equity expected to be 8.5-9% in 2023. Net profit of DKK 9.3 billion and return on equity of 7.3% for the first nine months of 2021.
Read more
Danske Bank in global top ten for green bonds
With three months still remaining of 2021, Danske Bank has beaten its own record and helped customers with no less than 100 sustainable bond issuances this year. Danske Bank now holds ninth place in the global rankings for green bonds.
Read more
1871-2021: Danske Bank turns 150
150 years! Isak Glückstadt, the bank’s first CEO, was probably not thinking that far ahead when Den Danske Landmandsbank opened for the first time one October day in 1871. Explore 150 years of Denmark’s history here.
Read more
Towards a more efficient and simple bank - office in China is closing
Danske Bank's representative office in China closes for customer inquiries from 15 October 2021, and we expect closure to be completed by the end of 2021. The decision supports our ambition to create a simpler and more efficient bank.
Read more
Danske Bank to bring Apple Pay to Dankort users
Danske Bank customers will now be able to pay with their Dankort card when they use Apple Pay.
Read more
Nordic outlook: goodbye crisis, hello uncertainty
With corona restrictions lifted and economic indicators at or above pre-crisis levels, new risks are emerging for the Nordic economies, writes Danske Bank’s macroeconomic team in their latest Nordic Outlook report, highlighting the risk of rising inflation and stagnating growth also known as stagflation.
Read more
Danske Bank A/S to merge MobilePay with Norwegian Vipps and Finnish Pivo
Danske Bank A/S has entered into an agreement with OP Financial Group in Finland and the consortium of banks behind Vipps in Norway to merge the three mobile payment providers MobilePay, Vipps and Pivo.
Read more
Remote working: Morten now saves three hours of transport every single day
Prior to the corona crisis, Morten Reuber Nielsen spend three hours a day commuting between his home on Møn and his work at Danske Bank. Today he spends zero time commuting – and that is how he intends to continue. Remote working has made a fundamental difference for Morten, who now feels he is healthier, more motivated and a better father to his three children.
Read more
Majority indicate Danske Bank is good at creating an inclusive workplace
A new internal culture and employee survey at Danske Bank shows that a large majority of the Bank’s employees feel included and treated fairly.
Read more
Dangerous investments: Hanne cheated out of DKK 500,000
“I can’t believe how skilled they were – or that I allowed myself to be cheated!”
The equity released from 74-year-old Hanne’s home was supposed to pay for the little extras to sweeten her retirement and help poor women in Tunisia. Instead, the money ended up in the hands of expert fraudsters who enticed her with a quick, sizeable and sure profit from bitcoin.
#nicedate
#title
#location
Remediating legacy issues
In our efforts to become a better bank, we have systematically improved our compliance, risk and control capabilities and processes. As a result, a number of legacy issues have been identified. We are committed to rectifying them and ensuring that any customer who has suffered a loss due to our errors receives compensation.
Read more
About Danske Bank
For 150 years, Danske Bank has strived to be a driver of growth and development in society. We have developed in tandem with the societies we are part of, We will continue working for that - every day.
Read moreSustainability
We want to play an active role in society by driving sustainable progress and using our expertise to make a positive difference.
Read moreCareers
At Danske Bank, our employees support and share ambitions of our customers and the communities we are a part of.
Read moreThe Danish FSA
The latest statements, decisions and supervisory reactions from the Danish Financial Supervisory Authority.
Read more
Bank of America Posts Solid Results for Q4 2017
Bank of America released its financial earnings for Q4 2017 on Wednesday reporting a strong quarter. The bank reported a net income of $2.4 billion, and earnings per share of $0.20 for the quarter. Its net revenue increased 2 percent to $20.4 billion in Q4 2017 from $20.4 billion in the corresponding quarter last year.
Net interest income increased 11 percent to $11.5 billion reflecting benefits from higher interest rates and loan and deposit growth. However, its noninterest income decreased 7 percent to $9 billion due to the impact of the Tax Act and lower mortgage banking income, partially offset by higher asset management fees, investment banking revenues, and card income.
“Responsible growth delivered solid results in 2017. Pretax earnings rose 17 percent, and we continued to close in on our long-term return targets. We gained market share across our businesses while carefully managing credit, risk exposures, and expenses,” said Brian Moynihan, CEO at Bank of America.
The bank’s consumer banking business continued to post a solid growth with revenues rising 10 percent to $9 billion and loans and deposits rising 9 percent and 8 percent respectively. Its mobile banking active users increased 12 percent to 24.2 million, while the credit / debit spend went up 7 percent to $143 billion. The bank’s Merrill Edge brokerage assets were up 22 percent.
“We invested in technology, client engagement, and in our own team, including the $1,000 bonus we announced last month for 145,000 employees. We also shared our success with stakeholders through our high level of funding philanthropic initiatives, our 2 million employee volunteer hours, and our commitment to long-term shareholder value by returning nearly $17 billion in capital through common stock repurchases and dividends,” Moynihan said.
To view the complete results, click here.
Nicole Casperson
Источник: https://dsnews.com/daily-dose/01-18-2018/bank-america-posts-solid-results-q4-2017Bank of America beats on the bottom line, misses on the top
Analysts were expecting adjusted earnings per share of $0.38 on revenue of $20.76 billion, according to Bloomberg. It was initially unclear whether the bank's reported earnings were adjusted.
"With strong leadership positions in our businesses against a backdrop of rising interest rates, we are well-positioned to continue to grow and deliver for our shareholders in 2017," CEO Brian Moynihan said in a statement.
The firm said it would increase its stock-buyback program for the first half of 2017 to $4.3 billion from $2.5 billion.
Total trading revenue missed expectations, coming in at $2.91 billion ($3.06 billion expected), while banking revenue was $1.22 billion ($1.14 billion expected).
Fixed income, currency, and commodities trading revenue came in at $1.96 billion for the quarter ($2.12 billion expected), while equities trading revenue was $948 million ($943.7 million expected).
The firm said FICC revenue was up 12% from the year-ago quarter because of improved customer flow across all regions and most products, "despite challenging markets for rates and municipals in the latter half of the quarter."
Equities revenue was up 7% from the prior-year quarter because of improved derivatives performance, reflecting more market activity after the US election, the firm said.
Corporate investment-banking fees were down 4% from the year-ago quarter because of lower advisory and equity issuance fees but partly offset by higher debt-issuance fees, according to the firm.
In the same quarter last year, Bank of America beat expectations, reporting $0.28 a share.
In the third quarter, Bank of America beat on the top and bottom lines, reporting earnings per share of $0.41 on revenue of $21.64 billion.
JPMorgan and Wells Fargo will report fourth-quarter earnings at about 8 a.m. Friday.
Quarterly Earnings Releases and Supplements
2009 Financial Information
April 13, 2010 - Restated Historical Financial Data Supplement Financial Supplement PDF Excel Re-mapping of Revenue Marks PDF Excel January 19, 2010 - Fourth Quarter Press Release HTML PDF Financial Supplement PDF Excel Presentation PDF October 15, 2009 - Third Quarter Press Release HTML PDF Financial Supplement PDF Excel Presentation PDF July 17, 2009 - Second Quarter Press Release HTML PDF Financial Supplement PDF Excel Presentation PDF July 10, 2009 - Reformatted Quarterly Financial Data Supplement Press Release HTML Financial Supplement PDF Excel Re-Mapping of Press Release Disclosed Items PDF Excel Re-mapping of Revenue Marks PDF Excel April 17, 2009 - First Quarter Press Release HTML PDF Financial Supplement PDF Excel Presentation PDF 2008 Financial Information
January 16, 2009 - Fourth Quarter Press Release HTML PDF Financial Supplement PDF Excel Presentation PDF October 16, 2008 - Third Quarter Press Release HTML PDF Financial Supplement PDF Excel Presentation PDF August 5, 2008 - Re-Mapping of Press Release Disclosed Items Explanatory Memo PDF Re-Mapping of Press Release Disclosed Items PDF Excel July 18, 2008 - Second Quarter Press Release HTML PDF Financial Supplement PDF Excel Presentation PDF July 2, 2008 - Reformatted Quarterly Financial Data Supplement Explanatory Memo PDF Guide to Reformatted Financial Supplement PDF Financial Supplement PDF Excel April 18, 2008 - First Quarter Press Release HTML PDF Financial Supplement PDF Excel Presentation PDF 2007 Financial Information
January 15, 2008 - Fourth Quarter Press Release HTML PDF Financial Supplement PDF Excel Presentation PDF October 15, 2007 - Third Quarter Press Release HTML PDF Financial Supplement PDF Excel October 1, 2007 - Pre-Announcement Press Release HTML PDF Recorded Call Transcript PDF July 20, 2007 - Second Quarter Press Release HTML PDF Financial Supplement PDF Excel April 16, 2007 - First Quarter Press Release HTML PDF Financial Supplement PDF Excel 2005 Financial Information
January 20, 2006 - Fourth Quarter Press Release HTML PDF Financial Supplement PDF Excel January 13, 2006 - Reformatted Quarterly Financial Data Supplement Explanatory Memo PDF Financial Supplement PDF Excel October 17, 2005 - Third Quarter Press Release HTML PDF Financial Supplement PDF Excel July 18, 2005 - Second Quarter Press Release HTML PDF Financial Supplement PDF Excel April 15, 2005 - First Quarter Press Release HTML PDF Financial Supplement PDF Excel Financial Supplement Reclassifications for 1Q05 Memo Excel
Quarterly Earnings
Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.
This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. Before acting on any information in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.
Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. These materials are for informational purposes only. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Certain links may direct you away from Bank of America to an unaffiliated site. Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies.
Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp.
Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (“BofA Corp.”). Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (“MLLA”), a licensed insurance agency and wholly-owned subsidiary of BofA Corp.
Investment products offered through MLPF&S and insurance and annuity products offered through MLLA:
| Are Not FDIC Insured | Are Not Bank Guaranteed | May Lose Value |
| Are Not Deposits | Are Not Insured by Any Governmental Agency | Are Not a Condition to Any Banking Service or Activity |
"Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA.
Company goals are aspirational and not guarantees or promises that all goals will be met. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards.