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Bank of America is expected to exceed profit estimates in Q1 2024 due to a favorable economic and monetary environment. The bank's consumer loan origination is expected to benefit from long-term easin
Bank of America (BAC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Higher rates, decent loan demand and modest improvement in IB business are likely to have aided BofA's (BAC) Q1 earnings amid high funding costs, weakness in trading business and high provisions.
Buyers of 10-year Treasury notes are betting the U.S. Federal Reserve is not finished raising interest rates. That's because the yield on the notes has kept rising even though Fed Chairman Jerome Powe
Bank of America (BAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Most people have not—and likely will not—realize one of the biggest side effects of the potential interest rate cuts being proposed by the Federal Reserve (the Fed). A cut in interest rates could
In the closing of the recent trading day, Bank of America (BAC) stood at $37.50, denoting a +1.05% change from the preceding trading day.
Bank of America's virtual financial assistant, Erica, is now engaging with clients 2 million times per day. Clients' use of the virtual assistant has accelerated since its launch in 2018, the bank sa
Bank of America (BAC), Goldman Sachs (GS) and Citigroup Inc. (C) are competing to win Australian pension funds' overseas investment hedging business.
It's time for full-fledged releases of quarterly earnings. Big banks will start reporting from next week.
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Proxy advisers Glass Lewis and Institutional Shareholder Services (ISS) on Friday both urged Bank of America to split the CEO and chairman roles held by Brian Moynihan.
TD And Royal Bank: Buy The Mortgage Renewal Panic
Bank of America (BAC) likely to face a lawsuit for not refunding overdraft fees to customers who faced financial hardship during the pandemic, as promised.
Bank of America Corp. on Thursday drew a downgrade to neutral from buy at UBS because the stock offers “limited upside” over the next 12 months, after a roughly 12% gain so far this year.
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