News

Bank of America Corp. (NYSE:BAC) kicked off earnings season with a stronger-than-expected second quarter on Wednesday, ...
Bank of America has raised its year-end S&P 500 target to 6,300, up from its previous forecast of 5,600. The updated outlook, issued by chief equity strategist Savita Subramanian, reflects just a 1.1% ...
Bank of America posted Q1 FY25 revenue of $27.37 billion, up 6% Y/Y, beating the $26.99 billion estimate. BAC Q1 net income rose to $7.4 billion vs. $6.7 billion last year, with EPS at $0.90 ...
Bank of America is seeing an upside in NII in 2025, driven by decent loan demand, higher-for-longer interest rates and robust deposit balance. The company expects 2025 NII to rise 6-7%. The Case ...
Regarding that, Bank of America's CEO Brian Moynihan had this to say in the most recent earnings call. "Four quarters ago, we called that a bottom would occur in our net interest income in the ...
Wall Street expects a strong quarter for major banks, with JPMorgan Chase & Co. forecast to deliver earnings per share (EPS) ...
Bank of America is seeing an upside in NII in 2025, driven by decent loan demand, higher-for-longer interest rates and robust deposit balance. The company expects 2025 NII to rise 6-7%. The Case ...