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 Profit More Than Doubles, Tops Wall Street Forecasts
Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier and beating analysts’ estimates of $6 billion. The second-largest U.S. lender by assets posted per-share earnings of 82 cents,
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.
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 and Morgan Stanley Report Results
Follow live coverage of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock.
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 sees investment banking rebound continuing in 2025
EST Bank of America (BAC) sees investment banking rebound continuing in 2025Stay Ahead of the Market:Discover outperforming stocks and
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 Reports Fourth Quarter 2024 Financial Results
Bank of America reported its fourth quarter 2024 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in an investor conference call at 11:00 a.
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
From global internet outages to another year of 20% stock gains — 6 surprises that could shake up markets in 2025
More monster gains for the S&P 500, global internet failure, and $600B worth of power outages are events investors should ...
These Stocks Are Moving the Most Today: TSMC, Lam Research, Bank of America, Morgan Stanley, UnitedHealth, Symbotic, and More
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Bank of America reports fourth-quarter earnings before the bell
Investors will be keen to hear about the company's target for 2025, especially as expectations for rate cuts have been reined ...
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 ...
Bank of America sees loan and deposit growth in 2025 higher vs. 2024
EST Bank of America (BAC) sees loan and deposit growth in 2025 higher vs. 2024Stay Ahead of the Market:Discover outperforming stocks and ...
Bank of America partners with US Soccer Federation as World Cup nears
Bank of America is set to become the official banking partner of all 27 national soccer teams in the United States, after the ...
Bank of America CEO Brian Moynihan: We expect net interest income to increase next year
CNBC's Becky Quick speaks with Brian Moynihan, Bank of America chair and CEO, to discuss the bank's most recent earnings, ...