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.
Small-caps need to break above a key resistance level to signal more bullish momentum for stocks. Otherwise, it could signal broader weakness, BofA said.
Bank of America’s latest earnings results offer insight into the sentiment of U.S. businesses on M&A in the coming year. “The consumers are still spending, and our business clients are profitable and increasingly optimistic,
4th-Quarter Profit More Than Doubles
The Rock Hill Police Department is investigating a robbery outside of a Bank of America Thursday evening. It happened just before 4:45 p.m. on Heckle Boulevard. The victim told police that she was leaving the bank, after making a withdrawal, when a male walked up to her.
The nation's second-largest bank issued guidance that net interest income will reach up to $15.7 billion by next year's fourth quarter, a 7% increase.
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,
Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.
Oppenheimer raised the firm’s price target on Bank of America (BAC) to $55 from $54 and keeps an Outperform rating on the shares. Bank of
Bank of America's bonus pool for investment bankers will probably rise 10% for last year, a source familiar with the matter told Reuters.
Bank of America said Thursday it was making progress in monitoring suspicious activity in customer accounts, which regulators penalized the bank for late last year. In December, the Office of the Comp
We recently published a list of 12 Best Fortune 500 Dividend Stocks To Buy Right Now. In this article, we are going to take a look at where Bank of America Corporation (NYSE:BAC) stands against other best Fortune 500 dividend stocks to buy right now.