The corporation earned $401 million during the quarter, down from $478 million a year earlier
Analysts had expected a higher adjusted profit per share
The bank’s rivals all beat analysts’ estimates
The bank’s wealth management division saw net income increase by 10% year over year
The financial institution released its Q4 results on Wednesday
The bank’s Q1 results included a $339-million restructuring charge related to employee severance
The bank recently opened private wealth offices in Dallas and Atlanta
The bank recently announced its exit, or intention to exit, 19 countries
The number of seniors living in poverty has declined slightly
The bank saw record earnings in capital markets and growth in wealth management