Bank of America Corporation (BAC)
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?
Big Bank Earnings on Deck: Here's What to Watch
Betsy Graseck, Morgan Stanley's global head of banks and diversified finance research, previews the earnings reports from Goldman Sachs, Bank of America and Citigroup. She speaks on "Bloomberg The Close.
"Better Picture" Ahead for Banking Stocks
CFRA's Kenneth Leon says there were "no surprises" to the downside for the beginning of banking's earnings season. Stephen Biggar with Argus Research agrees but notes the loan lending businesses for many banks are lagging.
Bank of America Merges FinTech and Technology Investment Banking Teams
Bank of America has merged its FinTech and technology investment banking teams. The 50 bankers in its FinTech team will join the 200 in its tech group, reflecting the growing similarities between the two industries, Bloomberg reported Monday (Oct. 14).
Bank Of America Stock Shows Strength As Buffett Sells: Bulls In Control Ahead Of Q3 Earnings
Warren Buffett may be saying goodbye to a chunk of his Bank of America Corp BAC shares, but the charts signal a strong outlook for the stock. With the stock up 23.75% year-to-date and a solid 55.43% over the past year, BAC stock is still riding a bullish wave, even as Buffett's Berkshire Hathaway Inc BRK BRK quietly steps back.
Warren Buffett just invested $87 million in this stock
After spending most of September and early October increasing his cash pile – primarily by selling hundreds of millions of Bank of America (NYSE: BAC) shares – Warren Buffett's Berkshire Hathaway (NYSE: BRK.A, BRK.B) finally reported a major stock purchase.
Big US banks say consumers are still strong, despite economy fears
U.S. consumers remain resilient with solid spending in the third quarter, two of the country's biggest lenders said on Friday, although there are signs higher inflation has stretched some Americans on lower incomes.
Warren Buffett just unloaded $382 million of this stock
An SEC filing released on October 10 revealed that Warren Buffett sold an additional $382.4 million in Bank of America (NYSE: BAC) stock.
Buffett's BAC stake drops below 10%: what it means for investors
Warren Buffett now holds less than 10% stake in the Bank of America stock, meaning he is no longer required to disclose future stock sales.
Buffett Dumps More Bank of America Stock, No Longer Has To Report Moves Promptly
Warren Buffett's Berkshire Hathaway (BRK.A) won't have to report its transactions in Bank of America (BAC) stock promptly anymore.
