$6.7 Billion Profit, $1.7 Billion In Investment Banking Fees

BofA Profit Jumps on Investment Banking, Trading Boost
BofA's investment banking fees jumped 44% to $1.7 billion in the fourth quarter, compared with a year earlier. Across the industry, global investment banking revenue jumped 26% to $86.80 billion, led by a 33% surge in North America, according to data from Dealogic. BofA earned the third-highest revenue among banks globally.
Bank of America profit rises on investment banking boost
Bank of America reported higher profit on Thursday as its investment bankers capitalized on resurgence in dealmaking in the fourth quarter.
Bank of America tops estimates on better-than-expected investment banking, interest income
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BofA Investment Bankers Boost Earnings as Lending Income Rises
Bank of America Corp. posted fourth-quarter profit that topped analysts’ estimates as investment-banking fees hit the highest in three years and net interest income outperformed forecasts.
Bank of America sees investment banking rebound continuing in 2025
EST Bank of America (BAC) sees investment banking rebound continuing in 2025Stay Ahead of the Market:Discover outperforming stocks and
Bank of America Q4 Earnings: $6.7 Billion Profit, $1.7 Billion In Investment Banking Fees
Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77. Revenue,
Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from ...
Barclays Names Colizzi as Global Chair of Investment Banking
Barclays Plc has appointed veteran banker Pier Luigi Colizzi as global chairman of investment banking, according to people ...
Goldman Investment Banking Fees Jump 24%
Goldman Sachs drove $7.73 billion of investment banking revenue in 2024, up 24% from a year earlier, thanks to significantly ...
Goldman Sachs beats profit estimates as investment banking, trading fuel bumper quarter
Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers ...
Top Wall Street bank unleashes small business playbook for Trump admin to 'fuel economic opportunity'
Goldman Sachs unveiled a “Winning Strategies to Drive Economic Growth" playbook outlining the best ways that the upcoming ...
Bank of America and Morgan Stanley Report Results
Follow live coverage of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, ...
JPMorgan Chase Q4 earnings beat as investment banking rebounds, NII holds up
JPMorgan Chase reported stronger-than-expected Q4 earnings, with net interest income staying flat and investment banking ...
Unlocking six figures: A fresher’s path to top investment banking jobs
Apart from the prestige, investment banking serves as one of the highly compensated career paths in the field of finance.