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Bank of America awards stock to employees
Bank of America awards stock to employees after strong 2024 performance, memo shows
Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust performance by the second-largest U.S. lender in 2024, according to an internal memo seen by Reuters on Friday.
Bank of America said to divvy up ~$1B of stock awards to retain talent
Bank of America (NYSE:BAC) is allocating a ~$1B restricted stock pool across most of its workforce, an incentive aimed to retain talent, boost profitability and contain expenses, according to a Friday media report.
Why Bank of America Stock Is Still a Buy After Earnings
Bank of America stock is trading lower Wednesday after the financial firm reported earnings but Wall Street isn't worried. Here's why.
6h
on MSN
BofA says Trump will backstop stocks this year, but to closely watch one key area of the market
Small-caps need to break above a key resistance level to signal more bullish momentum for stocks. Otherwise, it could signal ...
22h
Bank of America Earnings: Fourth-Quarter Profit More Than Doubles
Bank of America's Wall Street businesses drove a surge in profit last quarter, in common with peers. Here are the highlights: ...
22h
on MSN
Robbery at Bank of America under investigation, police say
The Rock Hill Police Department is investigating a robbery outside of a Bank of America Thursday evening. It happened just ...
5h
Stocks could be 'protected' from steep declines by Trump: BofA
Bank of America investment strategist Michael Hartnett argued that further downside in the stock market could be protected by ...
11h
Bank of America price target lowered to $51 from $53 at Evercore ISI
Evercore ISI lowered the firm’s price target on Bank of America (BAC) to $51 from $53 and keeps an Outperform rating on the shares. BofA ...
1d
BofA Floats Third Year of 20% S&P Gains in Market Surprises List
A third straight year of outsize gains in US stocks — a display of strength last seen in the 1990s — leads Bank of America Corp.’s list of potential market surprises for 2025.
1d
Bank of America Expects First-Quarter NII of Up to $14.6 Billion
Bank of America said Thursday that it expected to earn between $14.5 billion and $14.6 billion of net interest income—on a ...
3d
Why BofA says it's the software sector's 'time to shine'
Software stocks are about to have a breakout moment amid converging tailwinds like agentic AI and continued cloud migration, ...
3d
on MSN
GE Vernova Stock Surges as BofA Boosts Price Target Ahead of Earnings
GE Vernova shares jumped Tuesday as Bank of America analysts raised their price target ahead of the company’s fourth-quarter ...
American Banker
1d
Bank of America predicts record net interest income in 2025
The nation's second-largest bank issued guidance that net interest income will reach up to $15.7 billion by next year's ...
15h
on MSN
Loud luxury and logo-mania need a big revival and quiet luxury needs to die if brands want to keep making money, BofA analysts say
Bank of America analysts said quiet luxury has fueled dupes and led to more competitors joining the industry.
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