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Bank of America tops estimates on better-than-expected investment banking, interest income
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 Q4 Earnings: $6.7 Billion Profit, $1.7 Billion In Investment Banking Fees
Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77. Revenue,
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 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 Crushes Q4 Earnings -- Investment Banking Fees Skyrocket 44%
Investment banking fees exploded 44% to $1.7 billion, pushing Bank of America up the ranks to #3 in the industry, thanks to a surge in deal activity. The Global Wealth and Investment Management division wasn't far behind,
Bank of America profit jumps on investment banking
Bank of America has today reported higher profit as its investment bankers capitalised on resurgence in dealmaking in the fourth quarter while the lender predicted it would earn more interest income in 2025.
Bank of America shares target increased, rating held on Q4 earnings
Oppenheimer analyst increased the price target for Bank of America (NYSE:BAC) stock to $55.00, up from the previous $54.00, while maintaining an Outperform rating.
Bank Earnings Continue with Bank of America
Bank of America (BAC) announced better-than-expected fourth-quarter results, with profit doubling from a year ago
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.
2d
on MSN
Bank of America and Morgan Stanley cement a Wall Street revival
Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street ...
2d
Bank of America sees investment banking rebound continuing in 2025
EST Bank of America (BAC) sees investment banking rebound continuing in 2025Stay Ahead of the Market:Discover outperforming stocks and ...
1d
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 ...
1d
Bank of America said to divvy up ~$1B of stock awards to retain talent
Bank of America allocates $1B in restricted stock pool for workforce, aiming to retain talent, boost profitability, and ...
1d
on MSN
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 ...
9d
Bank of America bonuses for investment bankers to rise about 10%, source says
Bank of America's bonus pool for investment bankers will probably rise 10% for last year, a source familiar with the matter ...
2d
on MSN
BofA Investment Bankers Boost Earnings as Loan Income Rises
Bank of America Corp. posted fourth-quarter profit that topped analysts’ estimates as investment-banking fees hit the highest ...
2d
Bank of America still paying the price for being too careful
Measured next to its rivals, America’s second-largest bank has been a third-rate investment. Bank of America stock is up 2 ...
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