Bank of America awards stock to employees
Bank of America’s latest earnings results offer insight into the sentiment of U.S. businesses on M&A in the coming year. “The consumers are still spending, and our business clients are profitable and increasingly optimistic,
Bank of America Corp.’s Chief Executive Brian Moynihan said the bank is seeing “broad momentum” that “sets up 2025 very well” as the financial giant’s outlook for 2025 net interest income topped analyst estimates. The bank also said it’s seeing more confidence in economic growth from clients.
Bank of America's Wall Street businesses drove a surge in profit last quarter, in common with peers. Here are the highlights: BofA's profit more than doubled to $6.67 billion. That amounted to $0.82 a
Bank of America said Thursday that it expected to earn between $14.5 billion and $14.6 billion of net interest income—on a fully taxable-equivalent basis—in the first quarter of 2025. The bank said it expected net interest income,
The Rock Hill Police Department is investigating a robbery outside of a Bank of America Thursday evening. It happened just before 4:45 p.m. on Heckle Boulevard. The victim told police that she was leaving the bank, after making a withdrawal, when a male walked up to her.
The nation's second-largest bank issued guidance that net interest income will reach up to $15.7 billion by next year's fourth quarter, a 7% increase.
Bank of America says a customer is out of luck after a “phantom hacker” drained $20,000 from her account. Chicago-based business owner Milan Jackson says it all started when she received a phone call from someone who claimed to work at the bank,
Fourth-quarter net profit of Taiwan Semiconductor jumps 57%, UnitedHealth falls after revenue misses estimates, and profits at Bank of America and Morgan Stanley beat analysts’ expectations.
Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.
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
Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.