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Play Video Play Unmute Current Time 0:00 / Duration 0:00 Loaded: 0% Progress: 0% Stream Type LIVE Remaining Time -0:00 Playback Rate * 2x * 1.5x * 1.25x * 1x, selected * 0.75x * 0.5x 1x Chapters * Chapters Captions * captions settings, opens captions settings dialog * captions off, selected Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque Font Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall Caps Reset restore all settings to the default valuesDone Close Modal Dialog End of dialog window. Bank of America 1Q Trading Revenue, Net Interest Income Top Expectations Bank of America 1Q Trading Revenue, Net Interest Income Top Expectations Unmute Bank of America 1Q Trading Revenue, Net Interest Income Top Expectations FacebookTwitterLinkedInEmailLink GiftGift this article Have a confidential tip for our reporters? Get in Touch Before it’s here, it’s on the Bloomberg Terminal Bloomberg Terminal LEARN MORE FacebookTwitterLinkedInEmailLink Gift By Katherine Doherty April 16, 2024 at 1:04 PM GMT+2 Updated on April 16, 2024 at 4:39 PM GMT+2 BookmarkSave Bank of America Corp. reported elevated expenses and charge-offs for soured loans that were higher than analysts expected, failing to satisfy investors with a gain in its trading business. Charge-offs totaled $1.5 billion, up 26% from the last three months of 2023, Bank of America said in a statement Tuesday. That was more than the $1.26 billion analysts had estimated. An increase in charge-offs on credit cards is largely a hangover from the previous quarter and is flattening out, Chief Financial Officer Alastair Borthwick said. Have a confidential tip for our reporters? 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