FDIC-Insured Banks' Q1 Earnings Down on Lower NII, Loan Balance
The FDIC-Insured banks' (like JPM, BAC, C & WFC) Q1 earnings are hurt by rising funding costs, a lower NII and an increase in expenses. Yet, higher rates, a changing revenue mix and a rise in depos...
Yields Of More Than 9%: My Top 10 High Dividend Yield Companies For June 2024
The inclusion of high dividend yield companies is important when building a dividend portfolio that aims to generate a passive and sustainable income stream. You should carefully select your high d...
Is Bank of America Stock a Buy?
It's hard to envision Bank of America achieving huge growth over the long term. Bank of America possesses an economic moat that protects its industry position.
Bank of America Announces Full Redemption of its Series JJ Preferred Stock and Series U Preferred Stock and Related Depositary Shares
CHARLOTTE, N.C. , May 16, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, S...
Cisco gets Bank of America backing as growth due to accelerate
Cisco Systems Inc (NASDAQ:CSCO, ETR:CIS) has received backing from Bank of America analysts after beating expectations with third-quarter results on Wednesday. Bank of America reiterated a ‘buy' ra...
BofA's Moynihan Talks US Economy, Lending and M&A
Bank of America CEO Brian Moynihan discusses the current state of the US economy, recent lending activity and the outlook for M&A with Jonathan Ferro at the “Choose France” summit in Versailles, Fr...
People Are Getting Used to High Interest Rates, Says Bank of America CEO Moynihan
Bank of America CEO Brian Moynihan says Americans are getting used to high interest rates, but people are making adjustments. He speaks to Jonathan Ferro from a summit on French business in Versail...
Wall Street Brunch: CPI And Retail Headline The Week
The April CPI and PPI reports, as well as the April retail sales report, will provide insights into inflation and consumer spending. Walmart and Home Depot report earnings.
Bank Of America 6% Preferreds: The Fed's Not Cutting (Rating Downgrade)
Recently I turned neutral on Bank of America stock, from a previously bullish opinion. I still hold my shares but don't want to buy more. Since changing my opinion on BAC common stock, I haven't ye...
2 No-Brainer Billionaire-Owned Stocks to Buy Right Now
Bank of America is one of Warren Buffett's largest investments and could be a big winner as interest rates fall. Alphabet is hedge fund billionaire Bill Ackman's largest stock investment and is a p...
Are Finance Stocks Lagging Bank of America (BAC) This Year?
Here is how Bank of America (BAC) and Banco Macro (BMA) have performed compared to their sector so far this year.
3 Warren Buffett Stocks to Buy Hand Over Fist in May
Despite the industry's current struggles, take a look at BofA. There's a light at the end of the tunnel.
Profit from the Panic: 3 Stocks to Pounce on When They Become Steals
To paraphrase Rudyard Kipling, the secret to success in the stock market is to “keep your head when all about you are losing theirs.” When everyone is panicking and sending the market lower, that's...
More Than 10% of Warren Buffett-Led Berkshire Hathaway's $374 Billion Portfolio Is Invested in This Stock. Should You Buy It?
This financial services business is certainly a forever stock for Buffett. Limited growth prospects and a steep valuation will limit return potential.
Seven bank-stock picks as industry nears ‘positive inflections'
There are always doom-and-gloom warnings in the financial media that the stock market is headed for a tumble, regardless of market conditions. These days, some warnings center on stock valuations a...
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