JoeChase

Will BofA Cut Its Dividend?

Veni Vidi Vici:
It will dilute per share earnings in the short run because Merrill has been losing money. In a year or two the EPS should be back around where it was because Merrill will earn money. BAC was projected to earn about $3 per share in 2009. There will be about 1.3B new BAC shares for the MER acquisition, (50B/37.48=1.3B), to keep EPS the same they will have to have total net income of 17.7B next year instead of 13.7B

Will BofA Cut Its Dividend?

Improve their significantly significantly?? "Unless the company significantly increases its significantly in next few quarters"
You mean earnings? If so you should talk about how much their earnings will increase because of MER

Will BofA Cut Its Dividend?

Improve their significantly significantly?? "Unless the company significantly increases its significantly in next few quarters"
You mean earnings? If so you should talk about how much their earnings will increase because of MER