Reported 2 days ago
Jim Cramer expressed disappointment in Bank of America’s recent earnings report, noting it was the least impressive among major banks, with a significant miss in net interest income despite a bottom-line beat. He criticized the bank's performance in its markets and banking segments, stating that in a volatile quarter, the expected profits from trading did not materialize. Cramer remains unexcited about the stock's prospects as shares have already shown a decline.
Source: YAHOO