Bank of America Corporation (BAC)
What We Learned From Big Bank Earnings Last Week
The largest U.S. banks posted substantial fourth-quarter revenue and profit gains thanks to a resurgence in Wall Street dealmaking.
Bank of America: I Was Wrong About Interest Rates (Rating Upgrade)
Bank of America reported strong Q4 earnings, driven by robust investment banking activity, higher NII and a healthy balance sheet. Bank of America also beat earnings and revenue estimates for Q4'24. The banking giant issued a favorable NII projection for 2025 and sees successive growth in net interest income due to the Fed's supportive rate policy.
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 performance by the second-largest U.S. lender in 2024, according to an internal memo seen by Reuters on Friday.
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.
