Bank of America trims net interest income guidance
Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-largest U.S. lender reported higher-than expected earnings fueled by strong consumer trends......»»
Bank of America reaffirms net interest income guidance of up 2% vs. FY18
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Bank of America reports net interest income down 16% to $10.2B
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Bank of America"s 4th-quarter profit beats expectations, but revenue drops 10% as low interest rates hurt its consumer banking division
The second-biggest US lender posted a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share. Brian Moynihan, CEO of Bank of America. Bobby Yip/Reuters Bank of America po.....»»
Bank of America Q1 net interest income $12.13 bln vs. $12.38 bln; FactSet consensus $11.74 bln
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Bank of America Q3 net interest income $12.19 bln vs. $12.06 bln a year ago; FactSet consensus $12.15 bln
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Bank of America Q2 net interest income $12.19 bln vs. $11.83 bln; FactSet consensus $12.36 bln
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Bank of America posts record profit as higher rates fuel consumer unit
Bank of America’s consumer bankers outdid their colleagues in trading for the second quarter in a row as the company leaned on retail lending to generate record profit…; Net interest income at the... To view the full story, click the title link......»»
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 .....»»
Wells Fargo"s stock swings to a loss from a gain after net interest income guidance lowered
Shares of Wells Fargo & Co. took dive in morning trade, swinging to a loss from a gain, after the bank provided a downbeat full-year outlook for net interest, citing the negative impact of the current low interest rate environme.....»»
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......»»
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......»»
Bank of America Q4 net interest income $12.30 bln vs. $11.46 bln; FactSet consensus $12.20 bln
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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.....»»
Why M&T Bank Shares Are Trading Higher Today
M&T Bank Corporation (NYSE:MTB) shares are trading higher after it reported first-quarter FY24 results. Revenue of $2.260 billion, slightly missing the consensus of $2.263 billion. Net interest income expres.....»»
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......»»