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Bank of America Profit Rises 3% as Earnings Top Expectations
Bank of America’s net income for the second quarter increased 3% from a year ago to $7.1 billion, the bank said Wednesday. Earnings per share were 89 cents, topping analysts’ estimates for 86 cents, according to estimates compiled by FactSet.
Bank of America Traders Post a Record Second Quarter
Bank of America reported second-quarter results that saw revenue from fixed income, currencies, and commodities trading jump 19% to $3.25 billion as the company reaped the benefits of volatile markets and net interest income topped analysts' estimates.
Goldman Sachs reported its best-ever quarter for stock trading. Wall Street banks have posted mostly strong results for the ...
Bank of America profit climbed about 3% from a year earlier to $7.12 billion, or 89 cents per share. Revenue climbed about 4 ...
Bank of America notched up better than expected profits in the second quarter as the US lender expanded its deposit base and ...
Bank of America (BAC) stock gained 1.2% in Wednesday premarket trading after the bank's Q2 earnings topped the Wall Street ...
J&J boosted its annual outlook, after posting better-than-expected quarterly profit and sales. Shares rose over 1% in ...
Cash levels dropped to 3.9% from 4.2%, triggering a sell signal on BofA’s proprietary trading model. This is the second sell ...
Stablecoin adoption is on the rise. As Crypto Week kicks off in Washington, BofA flags four corners of the market that could ...
June credit card delinquency ticked up marginally from the prior month, but the net charge-off rate was down, according to an ...
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