Bank of America Corporation (BAC)
Big Banks Report
We also kick off a series exploring Warren Buffett's Berkshire Hathaway.
BofA extends guaranteed FX rate window to a year
Bank of America on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in an effort to reduce the risks to cross-currency transactions amid rising volumes.
Warren Buffett Dumps Nearly $10 Billion of 1 Key Stock and Buys $345 Million of His Favorite Stock. Here's What You Need to Know.
Why is Buffett quietly offloading a significant chunk of Berkshire Hathaway's long-held stake in Bank of America?
Bank of America may be looking to drop longtime CEO Brian Moynihan
Inside Bank of America the troops are getting restless, and for plenty of reasons. Culturally, Brian Moynihan is an odd fit for an outfit that's based on wheeling and dealing.
Bank Of America: A 6% Preferred Dividend Yield Remains Attractive
Bank of America's Q3 results show solid net interest income and well-covered preferred dividends, with a net profit of $6.9B and EPS of $0.816. The bank's CET1 ratio remains stable at 11.8%, despite dividend payments and stock buybacks, indicating strong financial health. The Series GG preferred shares offer a 6% yield but carry an imminent call risk, making them less attractive for new investments.
Berkshire Sold Bank of America Stock Again. Here's Why.
The sale brought the firm's stake back below 10%.
Big Bank Stocks Climb. 3 Stocks to Consider Adding to Your Portfolio.
Big banks should see NII start to improve as the yield curve normalizes.
Buffett's Berkshire continues to reduce Bank of America stake
Billionaire Warren Buffett's Berkshire Hathaway has unloaded more Bank of America stock as it continues to trim stake in the U.S. banking giant, according to a regulatory filing.
Bank of America: Q3 Points To Upside Breakout (Technical Analysis)
Bank of America reported strong 3Q24 results, driven by higher investment banking fees and trading revenues, despite increased loan losses affecting its credit profile. The bank's net interest income grew QoQ, with a positive outlook for mortgage and auto loans, though YoY growth was impacted by higher deposit costs. Technically, the stock is bullish, breaking above key moving averages, and remains undervalued compared to peers, suggesting potential for further upside.
Why Warren Buffett Just Sold $10.5 Billion Worth of One of Berkshire Hathaway's Largest Holdings
Bank of America was once Berkshire Hathaway's second-largest position, but Buffett has sold about 25% of it so far.
Earnings Results Provide Reassuring Economic View
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>>>
Earnings Results Provide Reassuring Economic View
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>>>
