Bank of America (BAC) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.83 per share a year ago.
Shares of Bank of America (BAC) rose in premarket trading Tuesday after the financial giant's first-quarter results came in better than expected.
Bank of America is scheduled to report first-quarter earnings before the opening bell Tuesday. Bank of America shares have sold off in recent weeks on concern that President Donald Trump's tariff policies could cause a recession.
Bank of America will reportedly pay $540.3 million following a judge's ruling in a lawsuit in which the Federal Deposit Insurance Corp. (FDIC) accused the bank of paying less than it owed for deposit insurance. The judge's decision was made public Monday (April 14), Reuters reported Monday.
More big banks are set to report earnings this week, along with entertainment and health care giants, after some of the world's biggest banks reported earnings Friday and markets capped off a volatile trading week as investors reacted to the latest announcements on tariffs.
Bank of America's Series GG preferred shares offer a 6.15% yield and are trading at a 2% discount to their $25 call value. Preferred dividends are well covered, requiring just 6% of Bank of America's net income, an improvement from 6.22% in 2023. The Series GG preferred shares present an attractive investment due to their fixed dividend rate and potential for capital gains if called.
Gerard Cassidy, RBC Capital Markets Managing Director, joins 'Closing Bell Overtime' to talk quarterly banking results.
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?
The financial sector (^SP500-40) is set to kick off first quarter earnings in earnest. Morningstar senior equity analyst Suryansh Sharma joins Wealth with Brad Smith to share what he's watching for as banking results roll in.
Bank of America (BAC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Evaluate the expected performance of Bank of America (BAC) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.