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Tag: Bank of America Profit


Activity, Corporate Banking, Retail Banking

Bank of America sees 12% Q1 profit dip

April 18, 2022

Via: Banking Dive

Bank of America set aside just $30 million to counter potential credit losses, CNBC reported — far less than the likes of Citi or JPMorgan, which hold greater exposure to Russia. “[Russia] has never been a big part of our […]


Activity, Trading

Bank of America shares slump despite record profit after CFO cites slowing interest growth

April 16, 2019

Via: CNBC

Bank of America shares dropped Tuesday after executives said the lender’s net interest income growth was falling because of declining interest rates and a slowing U.S. economy. Despite posting a record first-quarter profit driven by cost cuts and strength in […]


Activity, Corporate Banking

Bank of America Doubles Profit in Fourth Quarter, Beats Estimates

January 16, 2019

Via: TheStreet

Bank of America Corp. (BAC – Get Report) said profit doubled in the fourth quarter from a year earlier, when the second-largest U.S. bank took a big write-down related to passage of the 2017 tax law. Net income rose to […]