$BAC 20Q1 results. Net Income -45% ($3.3bn) y/y, due to $3.6bn reserve build, incl. $1.4bn in US Commercial, $0.7bn in Card &amp; $0.4bn in Commercial RE. ROTCE halved to 8.3%. CET1 -41bps to 10.8% (9.5% minimum). 7% of consumer/small biz. balances has deferral. Shares -2.5% pre-mkt. https://t.co/ldgdYQauhi