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Bank of America beats on bond trading boost, loan growth

Bank of America Corp beat analysts' estimates for quarterly profit on Wednesday, as a boost from bond trading and growth in its loan book helped the second-biggest U.S. lender blunt a hit from lower interest rates......»»

Category: topSource: reutersJan 15th, 2020

Bank of America profit beats on lower costs, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender benefited from cost cuts, while higher interest rates and loan growth helped offset weaker bond trading revenue......»»

Category: topSource: reutersOct 15th, 2018

Bank of America profit beats estimates on cost cuts, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue......»»

Category: topSource: moneycentralOct 15th, 2018

Bank of America profit beats estimates on cost cuts, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue......»»

Category: topSource: moneycentralOct 15th, 2018

BofA beats profit estimates on higher interest income, loan growth

Bank of America Corp reported better-than-expected fourth-quarter profit on Wednesday as higher interest income and loan growth eclipsed declines in revenue from investment banking and bond trading......»»

Category: topSource: reutersJan 16th, 2019

Bank of America beats on bond trading boost

Bank of America Corp beat analysts' estimates for quarterly profit on Wednesday, as the second-biggest U.S. lender's bond trading division posted a strong showing, eclipsing declines at its three other major businesses......»»

Category: topSource: reutersJan 15th, 2020

Bank of America beats profit estimates on surge in advisory, lending

Bank of America Corp beat Wall Street estimates for quarterly profit on Wednesday as it earned more in advisory fees and its loan book expanded, easing concerns that lower interest rates would crimp growth at the second-largest U.S. bank......»»

Category: topSource: reutersOct 16th, 2019

Bank of America profit beats as healthy economy fuels loan growth

Bank of America Corp beat estimates for quarterly profit on Wednesday, as the United States' second-largest lender's loan book benefited from a healthy domestic economy......»»

Category: topSource: reutersJul 17th, 2019

Bank of America profit jumps on higher rates

Higher interest rates and loan and deposit growth helped boost Bank of America's quarterly profit 34 percent. Fred Katayama reports. Video provided by Reuters  .....»»

Category: topSource: usatodayApr 16th, 2018

Bank of America profit jumps on higher rates

Higher interest rates and loan and deposit growth helped boost Bank of America's quarterly profit 34 percent. Fred Katayama reports......»»

Category: videoSource: reutersApr 16th, 2018

Bank of America beats, but analysts want to know when real growth is coming

Wall Street analysts are still waiting to see more loan growth and a better return on higher interest rates from banks like Bank of America......»»

Category: topSource: marketwatchApr 16th, 2018

BofA profit beats estimates on higher interest rates, loan growth

(Reuters) - Bank of America reported a 34 percent rise in first-quarter profit on Monday, topping Wall Street estimates, as the lender benefited from higher interest rates and growth in loans and deposits......»»

Category: topSource: reutersApr 16th, 2018

BofA profit beats on consumer loan growth, lower expenses

Bank of America Corp reported quarterly profit above expectations as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a strengthening economy......»»

Category: topSource: reutersJul 16th, 2018

Bank of America profit beats on consumer loan growth, lower expenses

Bank of America Corp reported quarterly profit above analyst expectations on Friday as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a strengthening economy......»»

Category: topSource: reutersJul 16th, 2018

Battered U.S. bank stocks may get a boost this year

After a miserable 2018, big U.S. bank stocks could be in for a lift if upcoming earnings releases show strong fourth-quarter loan growth helps to offset weak trading revenue......»»

Category: topSource: reutersJan 11th, 2019

Bank of America Posts 4th-Quarter Earnings Beat on Loan Growth

The second-largest US bank turned lower interest rates into a source of profitRelated Stocks: BAC,.....»»

Category: blogSource: gurufocusJan 15th, 2020

Bank of America"s stock jumps after profit beats expectations, revenue surprisingly rises

Shares of Bank of America Corp. rose 1.8% in premarket trading Wednesday, after the bank reported a third-quarter profit that fell less t.....»»

Category: topSource: marketwatchOct 16th, 2019

Advisory fees, lending power Bank of America beat

Bank of America Corp beat Wall Street estimates for quarterly profit as it earned more in advisory fees and grew its loan book, easing concerns that lower interest rates would crimp growth at the second-largest U.S. bank......»»

Category: topSource: reutersOct 16th, 2019

Bank of America"s stock surges ahead of earnings after report Buffett wants to boost stake

Shares of Bank of America Corp. rallied 2.7% in afternoon trading, after Bloomberg reported that Warren Buffett's investment vehicle Berkshire.....»»

Category: topSource: marketwatchOct 15th, 2019

Bank Of America Surges On Report Buffett Seeking To Boost Stake Above 10%

Bank Of America Surges On Report Buffett Seeking To Boost Stake Above 10% Back in the summer 2011, when Warren Buffett first invested in Bank of America stock when it was trading in t.....»»

Category: blogSource: zerohedgeOct 15th, 2019

Bank of America Looks Poised for Sluggish Earnings and Margin Compression

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Subdued revenue growth and net inte.....»»

Category: topSource: investorplaceSep 4th, 2019