Earnings Estimates: Analysts expect Bank of America to report second-quarter revenue of $26.81 billion, up from $25.54 ...

Bank of America has raised its year-end S&P 500 target to 6,300, up from its previous forecast of 5,600. The updated outlook, issued by chief equity strategist Savita Subramanian, reflects just a 1.1% ...

Bank of America: Macro Environment Too Treacherous To Justify Investment. Oct. 13, 2022 4:00 PM ET Bank of America Corporation (BAC) Stock C, JPM, RY, TD, USB, WFC, BAC 10 Comments 1 Like.

Speaking at the Economic Club of New York last week, Bank of America's (BAC-0.25%) Brian Moynihan said bluntly, "We won't have a recession." Elaborating, he told the audience, "Our strategists are ...

Bank of America is now expecting the U.S. economy to experience a “soft landing” instead of a recession, ... Macro economic numbers came in better than expected in the second quarter of 2023, ...

Bank of America has cut their work force by 100,000 people so >its more than just efficiency being realized its more of an ongoing sustainable restructuring on a quest to take cash out of the system ...

Shares of Bank of America (BAC 0.46%) fell roughly 3% today. Meanwhile, shares of Charles Schwab ( SCHW 0.23% ) fell 3.3%, while shares of the credit card and payments company American Express ...

Bank of America posted Q1 FY25 revenue of $27.37 billion, up 6% Y/Y, beating the $26.99 billion estimate. BAC Q1 net income rose to $7.4 billion vs. $6.7 billion last year, with EPS at $0.90 ...

Regarding that, Bank of America's CEO Brian Moynihan had this to say in the most recent earnings call. "Four quarters ago, we called that a bottom would occur in our net interest income in the ...