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Image source: The Motley Fool. Bank of America (NYSE: BAC) Q2 2024 Earnings Call Jul 16, 2024, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
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. ... 24/7 Help. For premium support ...
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.
Bank of America , which has a big Wall Street operation, also reports Tuesday. All are expected to show drops in investment banking and trading from the first quarter.
Bank of America has primarily reported bottom-line results above expectations, exceeding EPS estimates in six consecutive quarters and eight of its last ten.
According to a Bloomberg report issued this week, the five biggest U.S. banks are expected to report combined trading revenue of $24.5 billion, a 15% jump from last year. Bank of America set the ...
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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 ...