Warren Buffett Has Sold Almost $2.3 Billion of Bank of America Stock -- and It's a Direct Reminder of His $56 Billion Warning to Wall Street
Warren Buffett and his investment team have dumped nearly 52.8 million shares of Berkshire Hathaway's second-largest holding, Bank of America, over a six-session stretch. Buffett has been a net-sel...
Warren Buffett Recently Sold 34 Million Shares of Bank of America. But That Doesn't Mean You Should
Yes, 34 million is a lot of shares, but it's best to look at the bigger picture. Berkshire Hathaway, Buffett's company, still owns nearly a billion shares.
Berkshire Hathaway Sells More Bank of America Stock
Warren Buffet has been selling shares of his second-largest holding in recent days.
Bank of America: Don't Be Fooled By The 7% Preferred Share Yield
Bank of America offers competitive yields on preferred shares, with the 6% yielding fixed preferred share being a better option for income investors. Despite facing challenges with rising interest ...
3 Bank Stocks Pulling Back from 2-Year Highs
Bank stocks just kicked off another earnings season , making way for giants in other industries to announce their quarterly results.
Warren Buffett's Berkshire trims Bank of America stake for the first time since 2019 after strong rally
Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in four and a half years following the bank's strong 2024 run.
Is Bank of America Stock a Buy Now After Earnings?
Bank of America's second-quarter earnings beat expectations. The bank expects consumer credit conditions to improve as a growth driver.
Bank of America Is Up 30% in 2024 – Is It Still a Smart Buy Now?
The banking giant reported impressive second-quarter results and an even more optimistic forecast.
Berkshire sells around $1.48 bln Bank of America shares, filing shows
Berkshire Hathaway sold about 33.9 million shares of Bank of America for around $1.48 billion over multiple transactions this week, a regulatory filing showed.
Bank of America Declares Preferred Stock Dividends for Third Quarter 2024
CHARLOTTE, N.C. , July 19, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shar...
BAC Stock Near 2-Year High Post Q2 Earnings: Too Late to Invest?
Bank of America (BAC) stock is trading near its 2-year high after releasing better-than-expected Q2 earnings. Here we assess whether it is too late to buy the shares or still have an opportunity to...
Bank of America Says It's Poised to Start Growing Its Net Interest Income Again. Is It Time to Buy the Stock?
Bank of America reported mixed second-quarter results this week as lower net interest income weighted on its profits. It saw strong results in areas including investment banking and wealth management.
Q2 Earnings Season Starts Positively
We are off to a good start in the Q2 earnings season, with the growth pace steadily improving, an above-average proportion of companies beating EPS estimates, and companies generally providing a re...
Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
For Bank of America, digital channels have represented avenues of continued growth, making inroads with credit card spending in particular. According to management, there's still room left for cons...
Econ Reports, Q2 Earnings Take July Rate Cut Off the Table
Any investors still hoping for a July rate cut based on economic prints, we can uncross our fingers now.
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