Should You Buy Bank of America Hand Over Fist Right Now? There's 1 Good Reason to Think Twice.
Bank of America reported a decline in net interest income year-over-year. If rates stay higher for longer, this metric could continue to face pressure.
Buy Bank of America Stock on This Dip. The Good Outweighs the Bad.
The lull in net interest income is at or near its cyclical bottom, if not already past it. The company's investment-oriented business lines are doing particularly well right now despite economic ch...
Warren Buffett Has $34.8 Billion Invested in This Dividend Stock. Is It a Smart Buy Now?
At the end of 2023, Warren Buffett's holding company, Berkshire Hathaway, had $34.8 billion worth of Bank of America stock in its equity portfolio. A leading brand helps Bank of America attract and...
Bank of America: Considerable Near-Term Potential, But Annualized Returns Likely Lower
Bank of America: Considerable Near-Term Potential, But Annualized Returns Likely Lower
This Billionaire Warren Buffett Disciple Has 70% of His American Portfolio in Just 2 Stocks
Li Lu is a Warren Buffett disciple who was funded by Charlie Munger. He has 70% of his American portfolio in Bank of America and Alphabet stocks.
If You'd Invested $1,000 in Bank of America 5 Years Ago, Here's How Much You'd Have Today
Most bank stocks offer stability and passive income opportunities. Bank of America is Warren Buffett's favorite bank stock.
3 Important Things We Just Learned From Bank of America
High interest rates continued to pressure net interest income. Bank of America saw its credit quality continue to deteriorate.
Bank of America CEO talks earnings, consumer spending, and inflation
Bank of America (BAC) reported better-than-expected first quarter earnings on Tuesday, though its net interest income fell 3% from a year ago. Bank of America CEO Brian Moynihan joined Yahoo Financ...
Bank ETFs in Focus on Mixed Q1 Earnings
While most big banks beat on both lines in the first-quarter earnings season, higher rates may weigh on the financial ETFs over the medium term.
Commercial Banks Could Be Back in Play, Led by Bank of America
Bank stocks are typically the first to lead an economic cycle, and for the United States, it looks like the cycle found its bottom last month. However, business is only one driver, as a strong cons...
Bank deposits are 'the bogeyman' that could be a long-term problem, analyst says
Bank of America (BAC) and Morgan Stanley (MS) were the latest Big Bank stocks to report first-quarter earnings on Tuesday. Both topped earnings and revenue estimates, a trend consistent for major f...
Bank of America CEO Brian Moynihan on the Fed, inflation
Bank of America on Tuesday reported first-quarter earnings that topped analysts' estimates for profit and revenue on better-than-expected interest income and investment banking.
Consumer spending has slowed but is hanging in there, says BofA CEO Brian Moynihan
Brian Moynihan, Bank of America CEO, joins 'Closing Bell' to discuss company earnings, the state of the consumer and company outlook.
Why Bank of America Stock Is Under Pressure Today
Bank of America beat on earnings and revenue, but charge-offs for bad loans were higher than expected. Bank officials attributed the charge-offs to its credit card portfolio and said conditions are...
Big banks led by Citi continue layoffs amid pressure to cut costs
U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop.
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