Key Points - Earnings per share (GAAP) reached $0.89, topping analyst expectations by 3.5% (GAAP), but GAAP revenue missed ...

Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. From a numbers standpoint, that means gross ...

Economic uncertainty remains a hot topic as consumers navigate rising costs, ... Bank of America economist weighs in on consumer spending trends. expand. Bank of America Tower in uptown Charlotte.

Bank of America (BAC) saw its stock price rise by 24% over the last quarter, a period marked by notable financial maneuvers, ...

Bank of America is now expecting the U.S. economy to experience a “soft landing” instead of a recession, its economists said in a research note this week. The bank’s economists, who had ...

The Numbers. Bank of America reported a profit of $7.4 billion last quarter, up nearly 20 percent from the year before. Revenue grew more than 10 percent, to $25.2 billion in the second quarter.

Venezuela is spiraling once more into an inflationary storm as new data warns that price increases could skyrocket to 530% in ...

The 2024 Bank of America Private Bank Study of Wealthy Americans sheds light on the evolving financial landscape, highlighting the generational divides and emerging trends that shape wealth ...

Given the strong trends anticipated in the cruise sector, Bank of America has raised the price objective for Royal Caribbean Cruise Ltd. to $172, while maintaining a Neutral rating.

Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. Despite surveys indicating that confidence is ...