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Bank of America's stock dips
Bank of America's Net Interest Income Starts to Rise Again
Bank of America delivered an upswing in a key revenue measure, net interest income. The bank’s total net interest income rose to $13.97 billion in the third quarter, from $13.7 billion in the second quarter.
Bank of America's stock dips as net interest income falls amid higher deposit costs
Bank of America's stock fell 0.8% early Tuesday, after the bank topped profit estimates for the third quarter and matched on revenue, as net interest income fell from a year ago as deposit costs rose.
Bank of America's rising deposit costs push profits lower
The Charlotte-based megabank raked in larger fees from its Wall Street operations, but the jump wasn't enough to make up for higher payouts to depositors.
Bank of America Tops Third-Quarter Views, Net Interest Income Set to Grow in Fourth Quarter
Bank of America (BAC) reported higher-than-projected results for the third quarter on Tuesday as higher investment banking fees and trading revenue helped offset lower net interest income. Revenue, net of interest expense,
7h
Bank of America's trading revenue boosted as FICC revenue climbs 8% and equities rises 18%
Bank of America said its global markets division's net income rose to $1.554 billion in the third quarter from $1.260 billion ...
7h
on MSN
Bank of America Q3 earnings beat, aided by strong wealth, markets results
Bank of America Q3 earnings fell both Q/Q and Y/Y, but they topped the Wall Street consensus, helped by strength in its ...
21h
Wall Street Expects Bank of America to Report 22% Profit Decline
Analysts expect Bank of America to report $6.1 billion of net income, down from $7.8 billion a year ago. Net interest income ...
10h
Bank of America’s Earnings: What to Watch
Bank of America reports earnings this morning, and Wall Street will be looking for clues on how it is adjusting to lower ...
2h
Bank of America: Earnings Top Estimates
Bank of America topped analyst estimates but noted mixed results in year-over-year comparisons, with notable declines in net interest income amid rising costs.
4h
on MSN
These Stocks Are Moving the Most Today: Goldman, UnitedHealth, Bank of America, Boeing, Schwab, Nvidia, Trump Media, and More
Third-quarter earnings at Goldman Sachs top Wall Street estimates, UnitedHealth’s adjusted earnings beat expectations but the ...
5h
Bank of America Q3 Earnings: Profit Drops 12% On Loan Loss Provisions, Investment Banking Fees Soar 18%
Bank of America Corp (NYSE: BAC) reported $6.9 billion in net income and EPS of $0.81 for Q3 fiscal 2024, beating analyst ...
31m
on MSN
Winter Village returns to Bryant Park — ahead of Halloween!
Forget about spooky season! A winter staple will soon return to the city — ahead of Halloween! Bank of America Winter Village ...
1d
Bank of America Folds Fintech Investment Banking Team Into Tech
Bank of America Corp. has folded its fintech investment banking team into its technology practice, reflecting the ...
Opinion
2h
on MSN
Opinion
The internet’s worst ‘zero day’ could drain all of our bank accounts
Without protective legislation, strong rules, cybercops, better security and tech-literate users, it seems inevitable that we ...
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