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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.
Bank of America profit climbed about 3% from a year earlier to $7.12 billion, or 89 cents per share. Revenue climbed about 4 ...
Bank of America notched up better than expected profits in the second quarter as the US lender expanded its deposit base and ...
J&J boosted its annual outlook, after posting better-than-expected quarterly profit and sales. Shares rose over 1% in ...
Morgan Stanley typically reports its quarterly results later than other big banks, but on Wednesday it joined the party. While it, like the others, revealed better-than-expected results in its trading ...
Stablecoin adoption is on the rise. As Crypto Week kicks off in Washington, BofA flags four corners of the market that could ...
Shares of some of the largest U.S. financial-services companies — Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley — were trading lower on Wednesday morning despite posting ...
June credit card delinquency ticked up marginally from the prior month, but the net charge-off rate was down, according to an ...
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