Bank of America Corporation (BAC)
Wells Fargo and Merrill Lynch Settle SEC Charges Involving Cash Sweeps
Two Wells Fargo advisory firms and Merrill Lynch have agreed to settle Securities and Exchange Commission (SEC) charges that they violated Advisers Act rules relating to their cash sweeps programs.
Banks Are Booming, But Keep an Eye on the Consumer
JPMorgan Chase CEO Jamie Dimon warned investors to keep an eye on inflation and the job market. He said stagflation would be a worst-case scenario.
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of America (BAC) have what it takes?
Buffett's Sale of BAC Stock: A Smart Move or Missed Opportunity?
After Warren Buffett decided to trim his holdings in the financial sector, with Bank of America Co. NYSE: BAC being one of his selling picks, a lot of investors in the market grew weary of where the system might be headed if not the broader economy. As earnings season kicks off for the first quarter of 2025, other banking names might reveal a broader trend for the S&P 500 and the United States economy.
Bank of America Corporation (BAC) Q4 2024 Earnings Call Transcript
Bank of America Corporation (NYSE:BAC ) Q4 2024 Earnings Conference Call January 1, 2024 11:00 AM ET Company Participants Lee McEntire - Investor Relations Brian Moynihan - Chief Executive Officer Alastair Borthwick - Chief Financial Officer Conference Call Participants Steven Chubak - Wolfe Research John McDonald - Truist Securities Glenn Schorr - Evercore Erika Najarian - UBS Mike Mayo - Wells Fargo Securities Jim Mitchell - Seaport Global Securities Vivek Juneja - JPMorgan Matt O'Connor - Deutsche Bank Gerard Cassidy - RBC Betsy Graseck - Morgan Stanley Operator Good day, everyone, and welcome to today's Q4 Bank of America's Earnings Announcement. At this time, all participants are in a listen-only mode.
Bank of America Says 61% of Consumer Sales Are Made Through Digital Channels
Bank of America's fourth quarter earnings, released Thursday (Jan. 16) indicated continued momentum in the digital shift that has now resulted in 61% of its consumer sales made through digital channels, up from 49% a year ago.
Bank of America CEO Brian Moynihan: We expect net interest income to increase next year
CNBC's Becky Quick speaks with Brian Moynihan, Bank of America chair and CEO, to discuss the bank's most recent earnings, when increased optimism about business under the new administration will yield results, and more.
Crude Oil Down 1%; Bank of America Posts Upbeat Earnings
U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 0.1% on Thursday.
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.
Bank of America earnings beat forecasts, but shares fall
Bank of America Corp (NYSE:BAC) shares reported fourth-quarter revenue and earnings that both beat Wall Street estimates. Chair and CEO Brian Moynihan said the year finished with a strong fourth quarter as every source of revenue increased, and growth in deposits and loans was better than the wider banking industry.
Initial Claims Come in Warmer Than Expected
Initial Claims Come in Warmer Than Expected.
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. Here's why.
