The second-largest U.S. lender earned a profit of $6.7 billion, or 76 cents a share, for the three months ended March 31, down from $8.2 billion, or 94 cents per share, a year earlier.
NEW YORK, April 16 (Reuters) - Bank of America (BAC.N) , opens new tab shares on Tuesday fell more than 3% after its first-quarter profits shrank and the bank set aside more money to cover souring ...
Bank of America (BofA) has reported a fall in profit during the first quarter as its income from interest payments dropped, although the blow was cushioned by improved trading from its dealmaking ...
(Adds interest income guidance in paragraph 3, CEO comments on headcount in paragraph 9, rates outlook in paragraph 13) By Saeed Azhar and Mehnaz Yasmin NEW YORK, April 16 (Reuters) - Bank of ...
Bank of America's (NYSE:BAC) short percent of float has risen 71.79% since its last report. The company recently reported that it has 92.57 million shares sold short, which is 1.34% of all regular ...
Since announcing plans in late March to replace CEO Dave Calhoun at the end of 2024, Boeing's problems have seemingly gone ...
Bank of America set aside $1.3 billion in provisions for credit losses in the first quarter, up from $931 million a year earlier. It also took more writedowns on office loans, which partly ...
Bank of America’s (BofA) first-quarter profit fell as its consumer division weakened and the lender wrote off more loans, particularly for credit cards. BofA is among the large lenders, including ...
Bank of America said today that its profit for the first three months of the year fell as the lender earned less from customer interest payments. Bank of America's net interest income (NII) - the ...