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 reported fourth-quarter earnings before the opening bell Thursday. Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings: 82 cents vs.
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.
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.
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,
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,
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,
Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.
Manufacturing activity could begin to expand as soon as April of this year, Bank of America strategists said in a recent note. The Discover it Student Card earns 5% cash back in rotating categories.