Bank of America’s stock (NYSE: BAC) posted a better-than-expected set of Q4 2024 earnings, led by stronger investment banking business and higher net interest

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Wall Street’s largest banks are poised to report their highest fourth-quarter trading revenue in five years, as November’s election and global uncertainty sparked market moves that boosted profits. According to a Bloomberg report issued this week,

Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust performance by the second-largest U.S. lender in 2024, according to an internal memo seen by Reuters on Friday.

Brian Moynihan said he’s staying put as chief executive officer of Bank of America Corp. unless the board decides otherwise.

Bank of America CEO Brian Moynihan says US banks will start providing crypto payment services if federal regulators ever approve it.

Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio. Citigroup has far and away been the worst-performing large U.S. bank stock since the Great Recession and many investors have ditched the stock out of frustration.

The nation's second-largest bank issued guidance that net interest income will reach up to $15.7 billion by next year's fourth quarter, a 7% increase.

The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.

Bank of America’s latest earnings results offer insight into the sentiment of U.S. businesses on M&A in the coming year. “The consumers are still spending, and our business clients are profitable and increasingly optimistic,

Bank of America allocates $1B in restricted stock pool for workforce, aiming to retain talent, boost profitability, and contain expenses.