Bank of America also points out that in the Federal Reserve's annual stress-testing exercise, the bank is expected to see losses equivalent to 5.5% of total loans, whereas loan losses were as high ...

Other heavyweights followed. Bank of America bumped its payout 8% to 28 cents, Wells Fargo moved from 40 to 45 cents, Citigroup from 56 to 60 cents, and Goldman Sachs took the biggest leap – $3 to $4 ...

Bank of America is expected to report its earnings on April 15, 2025. Consensus estimates point to about $26.9 billion in revenues, up 4% compared to last year, while earnings are estimated at ...

UPDATE: This article includes quotes from CEO Brian Moynihan and CFO Alastair Borthwick, as well as new details on Bank of America's guidance for 2025. Bank of America expects its net interest income ...

A recent study revealed that the 2024 Bank of America Chicago Marathon boosted the Chicago Metropolitan Area economy by $683 million, marking a 22% increase in total economic impact compared to 2023.

As part of HSE’s focus on economic mobility, the Hornets Innovation Summit Presented by Bank of America was launched in 2021 to provide social and financial capital for its participants. All ...

It's earnings season again — a time when investors sift through numbers, forecasts, and fine print to try to make sense of a ...

Bank of America stock has been volatile in the first few months of 2025. The impact of tariffs on the U.S. economy could be a headwind for the bank's earnings. Its robust balance sheet and 2.6% ...

South Africa’s move to a lower 3% inflation target may be phased in by the end of 2027, potentially resulting in official interest rates moderating to below 6%, Bank of America said.

President Donald Trump publicly blasted Bank of America CEO Brian Moynihan at the World Economic Forum in Switzerland, accusing the financial giant of “debanking” his conservative supporters ...

BOSTON-- (BUSINESS WIRE)-- Bank of America today announced a $1.5 million commitment as part of its work to advance racial equality and economic opportunity in Massachusetts.

Teri Williams of OneUnited Bank discusses Black wealth on Wake Up with Dee, hosted by Rob Wilson. Tune in to WAOK weekdays ...