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BofA Investment Bankers Boost Earnings
BofA profit beats expectations on trading boost, sees higher 2025 interest income
By Arasu Kannagi Basil and Saeed Azhar (Reuters) -Bank of America's profit beat expectations on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025.
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.
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.
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Bank of America reveals top technology stock pick for 2025
Subscribe to TheStreet's free daily newsletter💰💸 Bank of America analysts revealed that although the U.S. software market ...
4h
on MSN
Bank of America sees revenue rise across the board in upbeat sign for year ahead
Bank of America Corp.’s stock rose 0.6% in premarket trading as CEO Brian Moynihan said the bank is seeing “broad momentum” ...
4h
Bank of America’s Profit More Than Doubles, Tops Wall Street Forecasts
Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier ...
1h
Bank of America Says It’s Fixing Its Surveillance of Customer Accounts for Suspicious Activity
Bank of America said Thursday it was making progress in monitoring suspicious activity in customer accounts, which regulators penalized the bank for late last year. In December, the Office of the Comp ...
3h
on MSN
Bank of America Beats Forecasts in Q4
Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.
3h
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, ...
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