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Stocks B / Berkshire Hathaway


Subject:  Re: Maystery purchase Date:  11/4/2018  9:54 AM
Author:  Maxthetrade Number:  239433 of 243205

I'm certainly no expert on BAC but the rearview mirror may not be very helpful in this case. In the last quarter ROA was 1.23%, ROE 11% and ROTCE 15.5%. They pledged to freeze expenses at this years level for the next two years and could get a nice boost from increasing interest rates, e.g. a 100bp parallel shift will add $0.22 to EPS. So the actual numbers already aren't that bad and there's certainly room for further improvement. I can see this work out very nicely.
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