What Analysts Think of Bank of America Stock Ahead of Earnings
Key Takeaways Bank of America is set to report fourth-quarter earnings before the opening bell Thursday.The bank is expected to post higher revenue and profits from the same time last year.The results come after Bank of America beat estimates in the first three quarters of 2024 as its wealth management and investment banking divisions grew.
Bank of America: A Weaker Consumer Could Weigh On Q4 Earnings
Bank of America faces risks from rising unemployment and credit deterioration. Find out why BAC stock may underperform despite an attractive P/E ratio.
What's Going On With Bank Of America (BAC) Shares
Bank of America shares are trading higher by 1.2% during Tuesday's session. The stock is marginally higher following the release of softer-than-expected December PPI data.
What to expect from Q4 earnings for Bank of America, Truist and Wells Fargo
Wells Fargo & Co. (NYSE: WFC), Bank of America Corp. (NYSE: BAC) and Truist Financial Corp. (NYSE: TFC) are scheduled to release their fourth-quarter 2024 earnings on Jan. 15, Jan. 16 and Jan. 17, respectively.
Barclays Remains a Buy on Bank of America (BAC)
In a report released today, Jason Goldberg from Barclays maintained a Buy rating on Bank of America (BAC – Research Report), with a price
Bank of America (BAC) Price Prediction and Forecast
Bank of America is the #2 bank in the US but faces a number of headwinds in the next half decade for its stock to match its 10 year high.
Should You Buy Bank of America Shares Ahead of its Q4 Earnings?
One of the biggest banks in the United States, Bank of America BAC, is scheduled to announce fourth-quarter 2024 results on Jan. 16, before the opening bell. Among BAC’s close peers, JPMorgan JPM and Citigroup C are slated to release quarterly numbers on Jan.
Bank of America partners with US Soccer Federation as World Cup nears
Bank of America is set to become the official banking partner of all 27 national soccer teams in the United States, after the ...
Bank of America makes surprising pivot on interest rates
Related: Fed members reset interest rate cut forecasts for 2025 The Fed helps manage the economy by influencing borrowing ...
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Bank of America Clients Pour $1.1B into US Equities Amid Sector Shifts
Bank of America Securities reported $1.1 billion in US equity inflows last week, marking a tenth consecutive week of buying.
GE Vernova Stock Surges as BofA Boosts Price Target Ahead of Earnings
GE Vernova shares jumped Tuesday as Bank of America analysts raised their price target ahead of the company’s fourth-quarter ...
Chase calls workers back to office 5 days a week. What are Bank of America and Wells doing?
Bank of America has not changed its return-to-office policy. The bank requires client-facing employees, such as branch staff, ...
Biggest US banks ready mortgage relief for victims of Los Angeles wildfires
JPMorgan Chase and Bank of America are preparing to ease mortgage repayment conditions for customers affected by the Los ...
Bank of America Forms Specialist Group Serving the Ultra-Wealthy
Bank of America Corp. created a group of specialists that cater to the ultra-wealthy, looking to capitalize on the growing ...
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Bank of America hit with OCC order over BSA
The bank cautioned in an October filing that it was in talks with regulators over issues with its Bank Secrecy Act compliance ...
Bank of America bonuses for investment bankers to rise about 10%, source says
Bank of America's bonus pool for investment bankers will probably rise 10% for last year, a source familiar with the matter ...