Bank of America Corporation (BAC)
Bank of America CEO: Feel good about growth in net interest income in Q4 and beyond
Brian Moynihan, Bank of America chair and CEO, joins 'Squawk on the Street' to discuss how Moynihan characterizes the environment the bank is operating in, to what degree Bank of America gets hurt by lower rates, and much more.
Compared to Estimates, Bank of America (BAC) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Bank of America (BAC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Bank of America Stock Up on Q3 Earnings Beat, IB & Trading Fee Growth
Robust trading and IB performances drive BAC's Q3 earnings. Meanwhile, NII continues to decline and poor asset quality hurts.
Bank of America earnings slip but not as much as expected
Bank of America Corp (NYSE:BAC) shares rose 2% in pre-market after it reported a smaller drop than expected in third-quarter profit. Earnings per share of $0.81 was down from $0.90 in the same quarter last year, but was higher than the $0.77 cents average estimate from Wall Street.
Bank of America (BAC) Q3 Earnings and Revenues Top Estimates
Bank of America (BAC) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.90 per share a year ago.
Share optimism at four-year high as institutions dump bonds
Global investor optimism has climbed to its highest since June 2022 as fears of a recession in the US and China receded, according to Bank of America's newest survey of fund managers. Amounts held in cash have dropped to 3.9% from 4.2% while equity allocations rose to a net 31% overweight.
Bank of America Joins Rivals in Topping Q3 Estimates
Bank of America (BAC) reported third-quarter results above analysts' estimates Tuesday morning, as revenue rose year-over-year and profit fell by a smaller amount than expected.
Bank of America tops estimates on better-than-expected trading revenue
CNBC's Leslie Picker joins 'Squawk Box' to report on the bank's quarterly earnings results.
Bank of America Joins Rivals in Topping Q3 Estimates
Bank of America (BAC) reported third-quarter results above analysts' estimates Tuesday morning, as revenue rose year-over-year and profit fell by a smaller amount than expected.
Bank of America 3Q Net Interest Income Tops Estimates at $13.97 Billion
Bank of America's Wall Street operations performed better than expected as revenue from equity and fixed income, currencies and commodities trading rose 12% to $4.93 billion in the third quarter. Investment banking also outperformed expectations.
Bank of America is set to report third-quarter earnings — here's what the Street expects
Bank of America is scheduled to report third-quarter earnings before the opening bell Tuesday. Bank of America signaled in July that a rebound in net interest income was coming in the second half of this year.
What to expect from bank earnings: BofA, Citi, Goldman
HSBC head of US financials research Saul Martinez sits down with Julie Hyman and Josh Lipton on Market Domination to discuss what investors can expect from Big Bank earnings, with Citi (C), Bank of America(BAC), Goldman Sachs (GS), and Morgan Stanley (MS) set to report this week. “With all these banks, the question is: Do we see a trough in net interest income in the second half or in early 2025?
