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Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77.
Of the 21% of S&P 500 companies that have reported so far, about 80% beat profit estimates by 5%, while 60% beat revenue estimates, according to data from Bank of America. Bank of America ...
Banking giant Bank of America (NYSE:BAC) reported fourth-quarter earnings on Thursday, Jan. 16, that outperformed Wall Street's expectations. EPS of $0.82 came in ahead of the consensus estimate ...
Bank of America's earnings in the fourth quarter were $6.7 billion, up 111% from the $3.1 billion earned in the same year-ago period. The results lifted its full-year profits to $27.1 billion.
It is a well-known consumer-facing bank with over $3.2 trillion in assets today. You might also know it for the controversial bailout money it and its peers received following the financial crisis ...
Even with inflows suggesting a turn in investor sentiment, Bank of America's "Bull & Bear Indicator" — released in the same report — remains pinned at 0.0, suggesting investors literally could ...
With investors souring on the outlook for interest rates in 2025, it's up to the market's most dominant stocks to keep the party going and avoid sparking a correction, Bank of America said.
As Bitcoin breaks the $50,000 mark and the Dow hovers in the low 30,000s, a new report from the Bank of America and EPFR Global reveals that the latest market exuberance “may precede a ...