Seeking Alpha

Bank of America (BAC) unloads a few more branches, selling 8 across Northeast Pennsylvania to...

Bank of America (BAC) unloads a few more branches, selling 8 across Northeast Pennsylvania to Community Bank System (CBU). CBU will acquire about $369M in deposits at a deposit premium of 2.39% under the terms of the deal. (PR)
From other sites
Comments (3)
  • jcole2222@yahoo.com
    , contributor
    Comments (25) | Send Message
     
    BAC is following up on their restructuring by getting leaner. I expect the share price to rise as this continues.
    24 Jul 2013, 09:37 AM Reply Like
  • Quoth the Raven
    , contributor
    Comments (2123) | Send Message
     
    BAC - Getting lean and mean!
    24 Jul 2013, 11:02 AM Reply Like
  • RFoscolo
    , contributor
    Comments (4) | Send Message
     
    This must be a slow or no growth area for them although I thought there is an oil and nat gas boom there. Its all about capital allocation.
    24 Jul 2013, 01:39 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs