Bank of America Corp. stock rose about 3% in premarket trades after it posted stronger-than-expected first-quarter profit. Bank of America reported a 15%...
Bank of America Corp. BAC stock rose about 3% in premarket trades after it posted stronger-than-expected first-quarter profit. Bank of America reported a 15% increase in net income to $8.2 billion, or 94 cents a share, from $7.1 billion, or 80 cents a share, in the year-ago quarter. The company beat the analyst forecast of 81 cents a share, according to estimates compiled by FactSet. Bank of America said its revenue increased 13% to $26.3 billion, ahead of the analyst estimate of $25.16 billion.
BAC stock rose about 3% in premarket trades after it posted stronger-than-expected first-quarter profit. Bank of America reported a 15% increase in net income to $8.2 billion, or 94 cents a share, from $7.1 billion, or 80 cents a share, in the year-ago quarter. The company beat the analyst forecast of 81 cents a share, according to estimates compiled by FactSet. Bank of America said its revenue increased 13% to $26.3 billion, ahead of the analyst estimate of $25.16 billion.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bank earnings ‘off to a good start,’ with Bank of America and Goldman Sachs on deckFirst-quarter earnings from the largest U.S. banks are off to a mostly positive beginning despite a tough start to the year for the sector, analysts said.
Weiterlesen »
M&T Bank Corp beats profit estimates as interest income doublesM&T Bank Corp beat Wall Street estimates for first-quarter profit on Monday, as the U.S. Federal Reserve's rapid rate hikes to tame high inflation boosted the lender's interest income.
Weiterlesen »
Top-15 2024 Tight End Max LeBlanc Commits to Ohio StateTwo more players committed to Ohio State’s recruiting class of 2024 on spring game day. Max LeBlanc: Sam Williams-Dixon:
Weiterlesen »
Police Chief’s Wife Accused of Sexting, Kissing 15-Year-OldEmma Hancock allegedly texted the 15-year-old boy about an assignment and then embarked on an inappropriate relationship with him.
Weiterlesen »
Ramp closures planned at I-81, Route 11/15 interchange: PennDOTThe closures will be from 9 p.m. to 6 a.m. starting Sunday night and will continue during those hours on various nights through May 20.
Weiterlesen »