QUARTERLY EPS CHANGE (THIS QUARTER VS. SAME QUARTER LAST YEAR): [FAIL]
The EPS growth for this quarter relative to the same quarter a year earlier for BAC (--1,060.00%) is below the minimum 18% that investors like to see for a "good" growth company. BAC fails the first requirement.
ANNUAL EARNINGS GROWTH: [FAIL]
Investors should look for annual earnings growth above 18%, but prefer higher than 25%. BAC's annual earnings growth rate over the past five years of -31.03% fails this test.
This is a toxic asset. It has been run into the ground by corrupt ceo's,cfo's. The us gov't spent billion on this company & didn't set any regulations in place. The management will squander all the money. Again & Again. Nicely put