Bank of America sees revenue rise across the board in upbeat sign for year ahead
The outlook sweetened the bank’s stronger-than-expected fourth-quarter earnings of 82 cents a share, ahead of the analyst estimate of 77 cents a share. Bank of America’s stock
Bank of America profit rises on investment banking boost
Bank of America reported higher profit on Thursday as its investment bankers capitalized on resurgence in dealmaking in the fourth quarter.
Bank of America’s Fourth-Quarter Profit More Than Doubles
Bank of America is out with its fourth-quarter results. Like its big peers, its Wall Street businesses drove a surge in profit. Here are the highlights: Profit more than doubled to $6.67 billion. That amounted to $0.
Why Bank of America Stock Is Still a Buy After Earnings
Bank of America stock is trading lower Wednesday after the financial firm reported earnings but Wall Street isn't worried. Here's why.
Bank of America profit beats expectations, boosted by fees
In the final quarter of 2024, the nation's second-largest bank saw its revenue and earnings per share grow beyond Wall Street's estimates.
Bank of America still paying the price for being too careful
Bank of America is one of those. It ploughed money into low-yielding Treasuries and mortgage-backed securities so much during the pandemic that its debt securities holdings doubled between 2019 and 2021,
Bank of America: Added 1.1M net new checking accounts in 2024
Says added 4M credit card accounts in 2024. Comments taken from Q4 earnings conference call presentation slides.Stay Ahead of the
Bank of America: Q4 Earnings Snapshot
The company, based in Charlotte, North Carolina, said it had earnings of 82 cents per share. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.
Bank of America Expects First-Quarter NII of Up to $14.6 Billion
Bank of America said Thursday that it expected to earn between $14.5 billion and $14.6 billion of net interest income—on a ...
Bank of America Beats Forecasts in Q4
Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.
Bank of America Says It’s Fixing Its Surveillance of Customer Accounts for Suspicious Activity
Bank of America said Thursday it was making progress in monitoring suspicious activity in customer accounts, which regulators penalized the bank for late last year. In December, the Office of the Comp ...
These Stocks Are Moving the Most Today: TSMC, Bank of America, Morgan Stanley, UnitedHealth, Target, Symbotic, and More
Fourth-quarter net profit of Taiwan Semiconductor jumps 57%, UnitedHealth falls after revenue misses estimates, and profits ...
Bank of America, Morgan Stanley stocks rise on earnings beats even after big gains in the previous session
Wall Street rewarded Bank of America Corp. and Morgan Stanley with more gains on Thursday after the two banks topped analyst expectations for fourth-quarter profit. Bank of America's stock climbed 0.6 ...