Bank of America set aside $1.3 billion in provisions for credit losses in the first quarter, up from $931 million a year earlier. It also took more writedowns on office loans, which partly ...

Investors are not convinced that this cheap stock is safe from the rising effectiveness of artificial intelligence. Inflation falling further from here in the near term is a "pipe dream" and rate ...

NEW YORK, April 16 (Reuters) - Bank of America (BAC.N ... billion to cover depositors of two banks that collapsed in 2023. Profit from BofA's Merrill wealth management division rose about ...

The second-largest U.S. lender earned a profit of $6.7 billion, or 76 cents a share, for the three months ended March 31, down from $8.2 billion, or 94 cents per share, a year earlier.

Bank of America said today that its profit for the first three months of the year fell as the lender earned less from customer interest payments. Bank of America's net interest income (NII ...

(Reuters) -Bank of America’s first-quarter profit fell as its consumer division weakened and the lender wrote off more loans, particularly for credit cards. BofA is among the large lenders, including ...

According to Benzinga Pro, Bank of America's peer group average for short interest as a percentage of float is 1.05%, which means the company has more short interest than most of its peers. Did you ...

Bank of America is poised to succeed on a nationwide scale, and there seems to be no structural reason it can't be one of the strongest bank franchises going forward. If the economy ever falters ...

"Given the nature of what's required, the new CEO may prove to be a bit of a unicorn," said a recent note from Bank ...

To open a Bank of America account, choose an account, provide ID and funding, apply online or in-person with personal details, deposit funds. Bank of America offers checking, savings and ...

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