Net profit of the largest U.S. bank Bank of America (BofA) in 2009 totaled 6.28 billion dollars, a 57% higher than in 2008, recorded at around $ 4 billion, according to statement issued today Report BofA.
Total revenues
Bank of America in 2009 increased by 64% - up to 119.6 billion dollars from 72.8 billion dollars a year earlier. Losses in terms of common share for the year amounted to $ 0.29 against earnings of $ 0.54 dollars per share, recorded in 2008
Net loss Bank of America in the IV quarter of 2009 amounted to 194 million dollars, whereas for 200 8g. loss reached 1.8 billion U.S. Bank Revenues for October-December 2009 amounted to 25.1 billion dollars - a 60% increase over revenues for the comparative period in 2008 amounting to $ 15.7 billion loss per share Bank of America in the IV quarter of 2009 registered at 0.6 dollars - a year earlier was obtained by a loss of $ 0.48 per Share. However, analysts expect a loss per share Bank of America in the last quarter will amount to $ 0,52
net loss of Bank of America after the payment of dividends on preferred shares and one-time write-off of $ 4 billion in connection with the release of public assistance programs to the financial sector TARP in the IV quarter of 2009 amounted to 5.2 billion dollars against a corresponding loss in 2 , $ 4 billion a year earlier.
Bank of America - the largest bank in the United States of America, has an extensive network of offices in the United States, it accounts for 10% of all deposits in the country. In addition, Bank of America has a network of banking subsidiaries and offices in more than 20 countries worldwide.
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