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Bank of America warns of slowing growth of net interest
Bank of America Corp forecast that net interest income would rise half as fast this year after reporting first-quarter revenue on Tuesday that fell short of expectations......»»
Bank of America revenue misses forecasts, shares fall
Bank of America Corp on Tuesday reported first-quarter revenue that fell short of expectations and predicted that net interest income would rise half as fast this year, sending its shares down......»»
Bank of America"s stock extends selloff after downbeat net interest income outlook
Shares of Bank of America Corp. slumped 1.7% in premarket trade Tuesday, extending losses after the start of the post-earnings conference call, after bank's outlook .....»»
Bank of America"s profit rises on higher interest rates, loan growth
The second-largest U.S. bank by assets said net income attributable to shareholders rose to $6.49 billion in the three months ended March 31 from $4.84 billion a year earlier......»»
Wells Fargo Q1 net interest income down 1% to $12.2 bln; FactSet consensus $12.65 bln
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
J.P. Morgan Chase Q1 net interest income up 9% to $13.5 bln; FactSet consensus $13.3 bln
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
What Propped Up Bank of America Earnings
Bank of America reported second-quarter earnings Monday morning. Net income rose 33% on a slight decline in revenue net of interest expenses......»»
Goldman Sachs Q4 net interest income $991 mln vs. $898 mln; FactSet consensus $758 mln
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
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......»»
Citizens CEO says bank remains "solid" amid interest income drop
The bank continues "to play strong defense" amid an uncertain economy, CEO Bruce Van Saun said on the bank's first-quarter earnings call. As for bad CRE loans, "the pig is moving through the python," he said......»»
Bank of America"s Q1 Consumer Banking Income Takes A Hit, Adds 1M Credit Card Accounts
Bank of America Corp (NY.....»»
Bank of America"s Q1 Consumer Banking Income Takes A Hit, Adds 1M Credit Card Accounts
Bank of America (BAC) reported Q1 net income of $7.2B, beating expectations with EPS of $0.83. Revenue declined, but stock has gained 18% in 12 months. read more.....»»
What"s Going On With PNC Financial Shares Today?
PNC reported lower Q1 FY24 results, with revenue declining 8% Y/Y. Net interest income fell 9% while noninterest income decreased 7%. Adjusted EPS was $3.36, above consensus. read more.....»»
Bank of America doubles profits in first quarter, aided by $2.7B reserve release
On Thursday, Bank of America reported net income of $8.05 billion, or 86 cents per diluted share, in the first quarter......»»
Bank of America doubles profits in first quarter, aided by $2.7B reserve release
On Thursday, Bank of America reported net income of $8.05 billion, or 86 cents per diluted share, in the first quarter......»»
Bank of America reports Q1 EPS 86c, consensus 66c
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
JPMorgan CEO Jamie Dimon says the US faces 7 major hurdles to economic growth, including high healthcare costs and income inequality
"Fixing America's problems is going to take hard work," the CEO of the US' largest bank by assets wrote in his annual sharehold.....»»
Walgreens sales miss expectations after weak cold and flu season
Walgreens Boots Alliance Inc. reported fiscal second-quarter net income of $1.03 billion, or $1.19 per share, up from $946.0 million, or $1.07 per share last year. Adjusted EPS of $1.40 beat the FactSet consensus.....»»
Snap and Pinterest slide as Bank of America downgrades the social media companies on "positioning around reopening"
Snap and Pinterest fell after Bank of America downgraded the social media companies to neutral, citing valuation concerns as interest rates rise. Snapchat Snap and Pinterest lost ground Monday after Bank of America downgraded their rati.....»»
McDonald"s earnings miss expectations
McDonald's Corp. reported fourth-quarter net income of $1.38 billion, or $1.84 per share, down from $1.57 billion, or $2.08 per share, last year. Adjusted EPS fell 14% year-over-year to $1.70, below the FactSet consensus for $1.77. Reven.....»»