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 grew 59% in 2023 and 23% in 2024, development projections still run below historical averages.
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” that “sets up 2025 very well” as the financial giant’s outlook for 2025 net interest income topped analyst estimates.
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 Expects First-Quarter NII of Up to $14.6 Billion
Bank of America said Thursday that it expected to earn between $14.5 billion and $14.6 billion of net interest income—on a fully taxable-equivalent basis—in the first quarter of 2025. The bank said it expected net interest income,
Bank of America earnings are out – Here are the numbers
Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income. The company said fourth-quarter profit more than doubled to $6.
Bank of America’s Fourth-Quarter Profit More Than Doubles
Bank of America is out with its fourth-quarter results. Like its big peers, its Wall Street businesses drove a surge in profit. Here are the highlights: Profit more than doubled to $6.67 billion. That amounted to $0.
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.
Bank of America profit jumps on investment banking
Bank of America has today reported higher profit as its investment bankers capitalised on resurgence in dealmaking in the fourth quarter while the lender predicted it would earn more interest income in 2025.
Bank Of America Corporation Announces Rise In Q4 Profit, Beats Estimates
Bank of America Corporation (BAC) reported a profit for its fourth quarter that increased from the same period last year and beat
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 and beating analysts’ estimates of $6 billion. The second-largest U.S. lender by assets posted per-share earnings of 82 cents,
Bank of America reports fourth-quarter earnings before the bell
Bank of America is expected to benefit from a boost in investment banking and trading activity in the fourth quarter. Last month, CEO Brian Moynihan told investors that his firm would hit guidance for NII of about $14.
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, ...
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 ...
Bank of America, Morgan Stanley stocks rise on earnings beats even after big gains in the previous session
Wall Street rewarded Bank of America Corp. and Morgan Stanley with more gains on Thursday after the two banks topped analyst expectations for fourth-quarter profit. Bank of America's stock climbed 0.6 ...
Bank of America sees Q1 NII FTE of $14.5B-$14.6B
Expects NII to grow sequentially to ~$15.5B-$15.7B in 4Q25 with 2H25 growth more than 1H25 growth. Assumes January 10, 2025 forward curve ...
Bank of America credit card metrics improve in December
Bank of America's (NYSE:BAC) credit card delinquency and net charge-off rates both declined in December, indicating that ...
A World Cup party: US Soccer House part of Bank of America sponsorship deal
U.S. Soccer, Bank of America announce broad sponsorship deal that includes U.S. Soccer House at the 2026 World Cup and ...