CEOs show signs of confidence in dealmaking, says Bank of America’s CFO
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 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 Corporation Announces Rise In Q4 Profit, Beats Estimates
Bank of America Corporation (BAC) reported a profit for its fourth quarter that increased from the same period last year and beat
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 Earnings: Fourth-Quarter Profit More Than Doubles
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 Joins Rivals in Topping Q4 Estimates
Bank of America (BAC) shares rose in premarket trading Thursday as the bank's fourth-quarter results beat analysts' estimates. The firm reported $6.67 billion in net income on $25.35 billion in revenue.
Bank of America reports fourth-quarter earnings before the bell
Brian Moynihan, chief executive officer of Bank of America Corp., during a Television interview in Versailles, France, on Monday, May 13, 2024. Bank of America is expected to benefit from a boost in investment banking and trading activity in the fourth quarter.
Bank of America said to divvy up ~$1B of stock awards to retain talent
Bank of America (NYSE:BAC) is allocating a ~$1B restricted stock pool across most of its workforce, an incentive aimed to ...
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Bank of America predicts record net interest income in 2025
The nation's second-largest bank issued guidance that net interest income will reach up to $15.7 billion by next year's ...
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Bank of America’s Brian Moynihan credits his long tenure atop the firm to lifelong learning and curiosity
Brian Moynihan, who turned 65 this week, has shown no indication that he will be slowing down in the near future. The Bank of America veteran has been at the helm of the company for nearly 14 ...
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BofA CEO Brian Moynihan says he won’t roll the dice on Trump’s looser financial regulations
Bank of America CEO Brian Moynihan said that while Wall Street may welcome less regulation, the financial sector always ends up paying through the teeth for its oversights. Speaking to the ...
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.
Q4 2024 Bank of America Corp Earnings Call
Good day, everyone and welcome to today's Q4 Bank of America earnings announcement. (Operator Instructions) Please note today's call will be recorded. It is now my pleasure to turn the conference over ...
Bank of America awards stock to employees after strong 2024 performance, memo shows
Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust ...
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Bank of America's Profit Surge Sparks Wall Street Comeback
Bank of America reported a significant increase in profits due to strong investment banking activity and improved equity ...
Bank of America Is The Latest Big Bank To Show Big Earnings
Bank of America on Thursday announced profits more than doubled in the fourth quarter, surging to $6.7 billion from $3.1 ...
Goldman Sachs CEO gets big pay boost, and $80 million bonus for another five years at helm
Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.