NEW YORK, April 16 (Reuters) - Bank of America (BAC.N) , opens new tab shares on Tuesday fell more than 3% after its first-quarter profits shrank and the bank set aside more money to cover souring ...

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) - the ...

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 ...

(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 ...

Bank of America's (NYSE:BAC) short percent of float has risen 71.79% since its last report. The company recently reported that it has 92.57 million shares sold short, which is 1.34% of all regular ...

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 ...

Burberry sales tumbled as the fashion brand revealed weaker demand from China and the US. Comparable sales in the Americas ...

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Since announcing plans in late March to replace CEO Dave Calhoun at the end of 2024, Boeing's problems have seemingly gone ...

Latest US inflation report shows prices rose at slower rate in April, while Daniel Křetínský has raised offer for Royal ...