Bank of America Newsroom
The Bank of America newsroom provides the latest news, quarterly financial results, executive biographies and journalist resources so you can stay informed and up to date.
Bank of America says widespread outage is nearly fixed
Oct 2, 2024 · Bank of America customers reported having trouble accessing their bank accounts on Wednesday, but the bank said the apparent glitch has been largely fixed.
Bank of America (BAC) earnings Q3 2024 - CNBC
Oct 15, 2024 · Bank of America topped analyst estimates for third-quarter profit and revenue on better-than-expected trading results. The bank said Tuesday that net income fell 12% from a year earlier to...
BofA Says US Equity Exposure Surges to 11-Year High After Vote
1 day ago · November 12, 2024 at 1:46 AM PST. Translate. Investor exposure to US stocks jumped to the highest since 2013 after the presidential election, on optimism around stronger economic growth, according ...
Bank of America Reports Profit Jump on Higher Interest Rates
Jul 18, 2023 · 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.
Bank of America CEO Brian Moynihan on Trump, the Fed,
1 day ago · At the Yahoo Finance Invest conference, Bank of America (BAC) Chairman and CEO Brian Moynihan tells Yahoo Finance executive editor Brian Sozzi the banking industry has shown “resiliency ...
Bank of America Earnings Beat Forecasts With 10% Rise in Profit
Oct 17, 2023 · Bank of America reported its third-quarter earnings. Shares edged higher in morning trading, up about 0.4%. The company earned $7.8 billion, up 10% from $7.1 billion a year earlier. Key...
Warren Buffett’s Berkshire trims Bank of America stake for the ... - CNBC
Jul 22, 2024 · Warren Buffett’s conglomerate sold 33.9 million shares of Bank of America shares for almost $1.5 billion in separate sales on Wednesday, Thursday, and Friday at an average selling price of...
Bank of America Revamps Leadership, but C.E.O. Plans to Stick …
Sep 10, 2021 · Bank of America made sweeping changes to the company’s leadership Friday that elevated several executives, including three women, to senior jobs and all but guaranteed that Brian Moynihan,...
US Stocks Will Be Top-Performing Asset in 2025, BofA Survey Says ...
15 hours ago · The post-election rally has led stock exposure to jump to its highest level in 11 years, BofA says. The bank's fund manager survey says US stocks will continue to rally, and are set up to be the ...