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Bank of America Profit Rises 3% as Earnings Top Expectations
Bank of America’s net income for the second quarter increased 3% from a year ago to $7.1 billion, the bank said Wednesday. Earnings per share were 89 cents, topping analysts’ estimates for 86 cents, according to estimates compiled by FactSet.
Q2 2025 Management View CEO Brian Thomas Moynihan highlighted solid consumer spending, improving credit quality, and robust ...
Bank of America stuck to its financial outlook for the year as it reinforced the theme of the resilient American consumer and ...
Bank of America notched up better than expected profits in the second quarter as the US lender expanded its deposit base and ...
Bank of America reported second-quarter results that saw revenue from fixed income, currencies, and commodities trading jump ...
J&J boosted its annual outlook, after posting better-than-expected quarterly profit and sales. Shares rose over 1% in ...
Bank of America is working on launching a stablecoin, and investors can expect the lender to move forward with the ...
The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.
Cash levels dropped to 3.9% from 4.2%, triggering a sell signal on BofA’s proprietary trading model. This is the second sell ...
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