Bank of America’s Profit More Than Doubles, Tops Wall Street Forecasts
Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier and beating analysts’ estimates of $6 billion. The second-largest U.S. lender by assets posted per-share earnings of 82 cents,
Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio.
In a report released today, Keith Horowitz from Citi maintained a Buy rating on Bank of America (BAC – Research Report). The company’s shares ...
JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday, while Bank of America (BAC) and Morgan ...
Bank of America said Thursday that it expected to earn between $14.5 billion and $14.6 billion of net interest income—on a ...
See the policies for Citi, JPM, and more ... past a threshold that typically precedes a decline in global stocks, Bank of America's Michael Hartnett wrote. Shares of chip makers tied to the ...
Investors are awaiting earnings from Big Banks earnings this week, watching especially closely for guidance updates. Citi (C) ...
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