Bank of America (BAC) shares rose Tuesday as second-quarter revenue and profit beat estimates despite slightly lower net interest income (NII) than analysts were anticipating.

Bank of America reported second-quarter results that saw net interest income FTE of $13.86 billion and offered guidance of an increase through the end of the year in net interest income. Sonali Bas...

CHARLOTTE, N.C. , July 16, 2024 /PRNewswire/ -- Bank of America reported its second quarter 2024 financial results today.

CEO Brian Moynihan told investors in April that net interest income would bottom in the second quarter. The measure, known as NII, is the difference between what the bank earns on loans and what it...

By one estimation, artificial intelligence (AI) can provide a $15.7 trillion lift to the global economy by 2030. Despite AI's seemingly limitless potential, some of Wall Street's smartest and riche...

With Bank of America (BAC), Morgan Stanley (MS), and PNC Financial (PNC) earnings on deck, Kenneth Leon and Stephen Biggar discuss the overall space & what these reports mean for the financials sec...

Bank of America recently passed its 2024 Federal Reserve stress test. If the Fed cuts interest rates, that could boost Bank of America's business.

Investors have been running on a high for the last several months as all major U.S.

New On-Demand Service Includes Investigation Capabilities that Improve Ease of Doing Business NEW YORK , July 11, 2024 /PRNewswire/ -- When it comes to finding, analyzing and acting on their compan...

Bank of America Corporation and other large bank stocks are trading at multi-year highs despite economic concerns and potential rate cuts. The large bank is expected to report a decrease in EPS for...

One of the biggest banks in the United States, Bank of America BAC, is scheduled to announce second-quarter 2024 results on Jul 16, before the opening bell. With the BAC stock trading near a two-ye...

Some of the largest U.S. banks will probably report weaker profits for the second quarter as they earn less from interest payments and set aside more money to cover deteriorating loans, analysts said.

Bank of America has continued to outperform smaller, more spread-dependent banks, and Q2'24 should be the low point for NIM and net interest income. Leveraging past investments into technology, Ban...

The upcoming US bank earnings season could bring a tidal shift for Bank of America Corp (NYSE:BAC), analysts at UBS said.  So far this year, investor enthusiasm for BofA shares seem to lag that for...

Stocks like Citigroup (C), JPMorgan (JPM) and Bank of America (BAC) are expected to maintain their momentum and keep scaling new highs.