Bank of America CEO Brian Moynihan said there must be better ways to collect employment data after President Trump fired the BLS commissioner following a weak jobs report.
Watch more: BofA: Working Capital Efficiency Becomes Survival Tactic in Wait-and-See Economy Global trade makes the world go 'round, but the world's macro issues can send that same trade to a screeching halt. “We're here to facilitate global commerce.
With Q2 earnings season now in full swing, hundreds of companies have reported financial results over the past several weeks. However, only a few big names have announced something many investors want: increasing buybacks.
Shares of Bank of America (NYSE: BAC) gained 2.33% over the past month, bringing its year-to-date gain to 15.02%.
Bank of America's preferred dividends remain well-covered, with less than 5% of net profit needed to service them, ensuring strong income security. The Series GG preferred shares offer a nearly 6% yield, and post ex-dividend, the effective yield rises above 6%, making them attractive for income investors. Despite call risk, BAC has not redeemed these preferreds, suggesting they may remain outstanding due to the reasonable cost of equity for the bank.
Zacks.com users have recently been watching Bank of America (BAC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Bank of America delivered strong Q2'25 earnings last week, driven by higher net interest income and robust capital markets activity (trading). The Wall Street bank confirmed its 2025 net interest income outlook, despite expecting fewer rate cuts, and maintains solid balance sheet quality. Bank of America grew its NII sequentially to $14.8B, leading the bank to report its fourth quarter of consecutive growth.
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?
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Bank of America Corporation (NYSE:BAC ) Q2 2025 Earnings Conference Call July 16, 2025 8:00 AM ET Company Participants Alastair M. Borthwick - Chief Financial Officer Brian Thomas Moynihan - Chairman, CEO & President E.
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>