Bank Of America's 4th quarter profit soars

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 Expects First-Quarter NII of Up to $14.6 Billion
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 Q4 Profit Soars, Results Top Estimates
Bank of America Corp. (BAC) reported Thursday that net income applicable to common shareholders for the fourth quarter soared to
Bank of America to release fourth-quarter earnings
Bank of America Corp.’s stock rose 0.2% in premarket trading on Thursday ahead of its fourth-quarter results Bank of America’s third-quarter earnings were 81 cents a share. Third-quarter revenue was $25.
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 reports fourth-quarter earnings before the bell
Bank of America is expected to benefit from a boost in investment banking and trading activity in the fourth quarter. Last month, CEO Brian Moynihan told investors that his firm would hit guidance for NII of about $14.
Bank Of America's fourth quarter profit soars
Bank of America reported Thursday that net income applicable to common shareholders for the fourth quarter soared to $6.4 billion from $2.84 billion in the prior-year quarter. The provision for credit losses was $1.
Bank of America Investment Banking Fees Boost 4Q Profit
Bank of America Corp. topped analysts' estimates for fourth-quarter profit as investment-banking fees hit the highest in three years and net interest income outperformed forecasts. Manus Cranny and Sonali Basak break down the numbers on Bloomberg Television.
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. ...
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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‘Phantom Hacker’ Drains $20,000 From Bank of America Account – Now the Bank Refuses To Reimburse: Report
Bank of America says a customer is out of luck after a “phantom hacker” drained $20,000 from her account. Chicago-based ...
Robbery at Bank of America under investigation, police say
The Rock Hill Police Department is investigating a robbery outside of a Bank of America Thursday evening. It happened just ...
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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 ...
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 price target raised to $55 from $54 at Oppenheimer
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 ...
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 ...