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Bank of America Profit Rises 3% as Earnings Top Expectations
Bank of America’s net income for the second quarter increased 3% from a year ago to $7.1 billion, the bank said Wednesday. Earnings per share were 89 cents, topping analysts’ estimates for 86 cents, according to estimates compiled by FactSet.
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Bank of America Says If Something Breaks the Economy, It’ll Happen This Summer: How Investors Can Play ItBank of America warns more economic shocks could happen this summer. Learn what investors should watch for and how to ...
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. Despite surveys indicating that confidence ...
Bank of America recently reported better-than-expected first-quarter earnings, beating analyst estimates. Its profit jumped 11% to $7.4 billion, or 90 cents per share, from $6.7 billion, or 76 ...
Economic uncertainty remains a hot topic as consumers navigate rising costs, ... Bank of America economist weighs in on consumer spending trends. expand. Bank of America Tower in uptown ...
After a turbulent first half of the year, here's what top strategists are forecasting for the next six months.
That's already begun to happen this year, but it's clear that Bank of America (BAC 0.66%) and its other large bank peers are in a much better position than they were heading into the Great ...
Earnings Results Bank of America profit jumps 10%, but CEO Moynihan warns of ‘a changing economy’ Fueled by growing deposits and a boost in sales and trading revenue, Bank of America’s first ...
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