By Nivedita Balu TORONTO (Reuters) -TD Bank, Bank of Montreal and National Bank of Canada said on Friday they were withdrawing from the Net-Zero Banking Alliance (NZBA), joining the big six US banks in quitting the banking sector climate coalition.
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 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,
Argus raised the firm’s price target on Bank of America (BAC) to $53 from $48 and keeps a Buy rating on the shares after its Q4 earnings beat.
Oppenheimer raised the firm’s price target on Bank of America (BAC) to $55 from $54 and keeps an Outperform rating on the shares. Bank of
Small-caps need to break above a key resistance level to signal more bullish momentum for stocks. Otherwise, it could signal broader weakness, BofA said.
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,
On Wednesday, Goldman Sachs, JPMorgan, Wells Fargo and Citigroup all posted profits that were better than expected. Similar readings came from others during the week, such as Wells Fargo, Morgan Stanley,
The first Trump administration tried to scale back who gets food benefits, and allies aim to try again. Food pantries say they're already busier than ever.