Want to join the conversation?
3Q15 non-interest expense for $BAC was $13.8Bil, flat with 2Q15. Litigation cost in 3Q15 and previous quarter was less than $250MM. On a YoverY basis, headcount was down 6%. Consumer Banking earned $1.8Bil in 3Q15, up 5% YoverY; mobile deposits represent 14% of consumer deposits. $BAC reported 22nd consecutive quarter of loan growth.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.