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Bank of America Profit Rises 3% as Earnings Top Expectations
Bank of America’s net income for the second quarter increased 3% from a year ago to $7.1 billion, the bank said Wednesday. Earnings per share were 89 cents, topping analysts’ estimates for 86 cents, according to estimates compiled by FactSet.
The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.
Bank of America is working on launching a stablecoin, and investors can expect the lender to move forward with the ...
ASML falls sharply after issuing a growth warning, while Goldman Sachs, Morgan Stanley, and Bank of America post ...
Cash levels dropped to 3.9% from 4.2%, triggering a sell signal on BofA’s proprietary trading model. This is the second sell ...
Bank of America Corp (NYSE:BAC) reported second-quarter fiscal 2025 net income of $7.1 billion (versus $6.9 billion a year ...
Bank of America on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net ...
Bank of America stuck to its financial outlook for the year as it reinforced the theme of the resilient American consumer and ...
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