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Bank of America expects its markets business could post a 13th consecutive quarter of revenue growth and investment banking ...
“Every source of revenue increased, and we saw better than industry growth in deposits and loans,” Moynihan said. “We believe this broad momentum sets up 2025 very well for Bank of America.
Revenue (GAAP ... in Q1 2024 and flat compared to Q4 2024. Bank of America management has expressed optimism about ongoing net interest income (NII) growth in 2025, which is expected to benefit ...
Bank of America reported first-quarter revenue rose 6% to $27.4 billion over ... the 25th straight quarter of net new checking account growth. “The story of the first quarter is a strong operati ...
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $48.97, ...
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. Despite surveys indicating that confidence is ...
Bank of America (NYSE:BAC) stock gained 2.1% in Tuesday premarket trading after the bank turned in a bottom-line and top-line beats, helped by sales and trading revenue growth at its Global ...
Bank of America topped expectations, fueled by strong consumer and trading results. Management's upbeat tone despite a flurry of worrisome headlines about the economy is helping fuel the stock's ...
NEW YORK, June 11 (Reuters) - Bank of America (BAC.N), opens new tab expects its markets business could post a 13th consecutive quarter of revenue growth and investment banking fees could hit up ...
Revenue (GAAP) totaled $27.37 billion, surpassing estimates by $393 million or 1.5%. Overall, the quarter highlighted Bank of America's strong operational performance and strategic focus in a ...