14-day Premium Trial Subscription Try For FreeTry Free
Robust consumer spending in the past few years has helped the U.S. avoid a recession. Consumer spending continues to grow, albeit at a slower pace than last year.
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.
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 chall
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 re
Bank of America: Considerable Near-Term Potential, But Annualized Returns Likely Lower
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.
The Oracle of Omaha has delivered a greater than 4,900,000% aggregate return in his company's Class A shares (BRK.A) since becoming CEO of Berkshire Hathaway. Portfolio concentration has been integral
Most bank stocks offer stability and passive income opportunities. Bank of America is Warren Buffett's favorite bank stock.
High interest rates continued to pressure net interest income. Bank of America saw its credit quality continue to deteriorate.
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 Finance E

Bank ETFs in Focus on Mixed Q1 Earnings

09:00am, Wednesday, 17'th Apr 2024
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.
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 consume
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 fina
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.
With earnings season officially underway, the S&P 500 has been meandering between positive and negative territory throughout today's trading session, most recently trading modestly lower.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE