Bank Of America Adjusts Q3 Results

Shares of Bank of America Corp BAC are trending lower after hours Thursday amid the company’s announcement of revised third-quarter financial results.

The company’s revised financials will include an additional litigation expense related to its foreign exchange business totaling $400 million.

The company’s Quarterly Report on Form 10-Q will reflect the aforementioned adjustment.

Amid the announcement shares were trading at $17.25, down 0.7 percent.