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Bank of America Newsroom
Bank of America Reports Second Quarter 2024 Financial Results
CHARLOTTE, NC – Bank of America reported its second quarter 2024 financial results today.
Express News | Warner Bros. Discovery Could Create More Shareholder Value by Exploring Options Including Spin-Off, BofA Says; Current Structure As Consolidated Public Entity "Not Working" According To BofA Securities Note
BofA Manages To Keep Expenses In Check By Going Digital — Now The Bank Is Using AI To Take It To 'Another Level'
Bank of America Corp (NYSE:BAC) shares got an earnings lift on Tuesday as the company posted better-than-expected quarterly results. CEO Brian Moynihan pointed to expense management as a big part of
Retail Sales Report, Earnings Leave Equity Markets Mixed Intraday
US benchmark equity indexes were mixed intraday as markets analyzed official retail sales data for June and the latest corporate earnings.The Dow Jones Industrial Average was up 1.5% at 40,829.4
Yield-Hungry Wealth Management Clients Are Becoming a Headache for Big Banks -- WSJ
By Telis Demos Brokerage customers are still demanding more for their cash. And banks are scrambling to keep up. Across several banks with large wealth management businesses, a common theme in second-
Unpacking the Increase in Credit Card Delinquencies
Express News | CFRA Downgrades Bank of America to Sell, Announces $39 Price Target
Bank of America Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/16/2024 -11.49% CFRA → $39 Downgrades Hold → Sell 07/09/2024 -4.69% Piper Sandler $37 → $42 Upgrades
Bank of America's Growth Boosted by Strong Fees and Operating Efficiency: Goldman Sachs Analyst
Goldman Sachs analyst Richard Ramsden reiterated a Buy rating on Bank Of America Corp (NYSE:BAC) with a price target of $45.Bank of America reports fiscal 2024 second-quarter net income of $6.9
US Equity Indexes Mixed Following Retail Sales as Russell 2000 Makes New High While Technology Lags
US equity indexes traded mixed midday Tuesday as retail sales, excluding gasoline and automobiles, grew by four times expectations, and the Russell 2000, home to small-cap stocks, surged to a fresh
Express News | Bank of America Shares Extend Gains, Last up 5.4%
Top Midday Stories: NAHB July US Housing Index Falls; June US Retail Sales Steady; Bank of America, Morgan Stanley Q2 Net Revenue Up; Charles Schwab Adjusted Earnings Drop; UnitedHealth Adjusted Earnings, Revenue Rise
All three major US stock indexes were trading higher at midday Tuesday as investors digested various economic data and big-name earnings results.The National Association of Home Builders' monthly
UnitedHealth Posts Better-Than-Expected Earnings, Joins AngioDynamics, Bank of America And Other Big Stocks Moving Higher On Tuesday
U.S. stocks were mostly higher, with the Dow Jones index gaining around 550 points on Tuesday.Shares of UnitedHealth Group Incorporated (NYSE:UNH) rose sharply during Tuesday's session following a
Express News | Bank of America : CFRA Cuts to Sell From Hold; Raises Target Price to $39
Why Morgan Stanley Is This Analyst's Top Banking Pick
Bank of America on Track for Highest Close Since March 2022 -- Data Talk
Bank of America Corp (BAC) is currently at $43.59, up $1.70 or 4.06% --Would be highest close since March 25, 2022, when it closed at $43.73 --On pace for largest percent increase since Dec. 14, 2023,
Bank of America Rises, Morgan Stanley Falls on Q2 Earnings
Bank of America Second-Quarter Results Top Views Despite Net Interest Income Decline
Bank of America (BAC) on Tuesday reported better-than-expected second-quarter results, despite an increase in deposit costs impacting its net interest income.GAAP earnings per share decreased to $0.83
Express News | Bank of America Shares up 1.9% After Q2 Profit Beats Estimates
Sector Update: Financial Stocks Edge Higher Premarket Tuesday
Financial stocks were edging higher premarket Tuesday with the Financial Select Sector SPDR Fund (XLF) up 0.2% recently.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.1% higher and its