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Bank of America Corp (NYSE: BAC) reported second-quarter FY22 revenue of $22.7 billion, up 6% year-on-year, marginally missing the consensus of $22.78 billion. Net income of $6.2 billion plunged ...
Bank of America said its profits fell in the second quarter, as higher interest rates ate into BofA's expenses, including its large consumer banking franchise. On a per share basis, BofA earned 83 ...
The bank had higher sales and trading revenue from its stock and bond trading desks and more advisory revenue from its bankers. Total revenue at the bank was $25.4 billion, up modestly from $25.2 billion in the same period a year earlier. In morning trading, Bank of America Corp. shares rallied 5.2% to $44.09. 07/16/2024 14:50 -0400
Bank of America was ranked No. 25 on the 2020 Fortune 500 rankings of the largest US corporations by total revenue. [10] Likewise, Bank of America was also ranked No. 6 on the 2023 Global 2000 rankings done by Forbes. [11] Bank of America was named the "World's Best Bank" by the Euromoney Institutional Investor in its 2018 Awards for Excellence ...
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In 2008, the Bank Administration Institute transferred copyright ownership of the BAI file format to the Accredited Standards Committee X9, Inc. - Financial Industry Standards . As of early 2009, the document is being revised by an X9 committee of bankers and corporate members to become an American National Standard.
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
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