Bank of America Corp. (NYSE:BAC) kicked off earnings season with a stronger-than-expected second quarter on Wednesday, reporting net income of $7.1 billion and earnings per share of 89 cents, surpassing analyst expectations.

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% potential upside from the index’s closing level of 6,

Now, Bank of America is warning shareholders that it too could face potential legal or regulatory risks related to “the rates paid on uninvested cash in investment advisory accounts that is ...

Bank of America Corp. (NYSE:BAC) delivered second-quarter fiscal 2025 results that largely surpassed expectations, with reported earnings per share aligning with consensus estimates. The financial giant showcased resilience through stronger core fees and stable operating efficiency despite slightly lower net interest income (NII).

Bank of America beat Q1 expectations with $7.4 billion net income and $0.90 EPS as analysts trimmed future estimates but kept bullish outlooks.

Bank of America's potential net interest income trough opens an opportunity for top-line growth even though Warren Buffett slimmed his position in the stock.

When it comes to banking giants, Bank of America BAC and Citigroup C are often talked about. Both operate across consumer, corporate and investment banking sectors, and are currently navigating ...

The bank, which owns Merrill Lynch, is giving investors notice of potential legal risks just when rival wealth management companies are facing lawsuits and regulatory scrutiny.