SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Bank of America -- Ignore unavailable to you. Want to Upgrade?


To: Qualified Opinion who wrote (4292)1/10/2017 11:58:07 AM
From: Sr K  Read Replies (1) | Respond to of 4366
 
Tangible Book Value is about $5 less, about $19.11 through 9/30/2016.



To: Qualified Opinion who wrote (4292)1/13/2017 1:15:59 PM
From: Qualified Opinion  Respond to of 4366
 
Scratch the tangible book value guess.
I thought BAC had enough time to pull-in the duration and increase the hedge on AFS securities.
The increase in interest rates was steady and not instantaneous.
The duration was increased between the 2 nd qtr. and 3 rd qtr. per SEC filing.