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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% ...
Bank of America posted Q1 FY25 revenue of $27.37 billion, up 6% Y/Y, beating the $26.99 billion estimate. BAC Q1 net income rose to $7.4 billion vs. $6.7 billion last year, with EPS at $0.90 ...
Bank of America is seeing an upside in NII in 2025, driven by decent loan demand, higher-for-longer interest rates and robust deposit balance. The company expects 2025 NII to rise 6-7%. The Case ...
Regarding that, Bank of America's CEO Brian Moynihan had this to say in the most recent earnings call. "Four quarters ago, we called that a bottom would occur in our net interest income in the ...
Wall Street expects a strong quarter for major banks, with JPMorgan Chase & Co. forecast to deliver earnings per share (EPS) ...
The bank, which owns Merrill Lynch, ... Bank of America Adds Cash Sweep Accounts to Risk Factors in SEC Filing.
Bank of America is seeing an upside in NII in 2025, driven by decent loan demand, higher-for-longer interest rates and robust deposit balance. The company expects 2025 NII to rise 6-7%. The Case ...
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