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Bank of America has raised its year-end S&P 500 target to 6,300, up from its previous forecast of 5,600. The updated outlook, issued by chief equity strategist Savita Subramanian, reflects just a 1.1% ...
Analysts expect net interest income — the difference in what banks pay depositors and what they earn on loans and investments ...
Bank of America Corp (NYSE:BAC) reported second-quarter fiscal 2025 net income of $7.1 billion (versus $6.9 billion a year ...
In its latest earnings call, Bank of America reported a stellar second quarter (Q2) 2025, driven by strong organic growth ...
Bank of America posted Q1 FY25 revenue of $27.37 billion, up 6% Y/Y, beating the $26.99 billion estimate. BAC Q1 net income rose to $7.4 billion vs. $6.7 billion last year, with EPS at $0.90 ...
Wall Street expects a strong quarter for major banks, with JPMorgan Chase & Co. forecast to deliver earnings per share (EPS) ...
Regarding that, Bank of America's CEO Brian Moynihan had this to say in the most recent earnings call. "Four quarters ago, we called that a bottom would occur in our net interest income in the ...
Bank of America is seeing an upside in NII in 2025, driven by decent loan demand, higher-for-longer interest rates and robust deposit balance. The company expects 2025 NII to rise 6-7%. The Case for C ...
Bank of America is seeing an upside in NII in 2025, driven by decent loan demand, higher-for-longer interest rates and robust deposit balance. The company expects 2025 NII to rise 6-7%. The Case for C ...
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