News

Bank of America's net interest income growth is set to slow, with sticky deposit costs and rising charge-offs limiting EPS ...
The road back from a painful period of margin compression will be a long one, Bank of America Securities LLC analysts predict. "Banks saw 72 basis points, on average, of margin compression over the ...
Bank of America's net interest yield, a metric that generally measures the difference between what the bank makes on loans and assets and pays out on deposits, jumped 16 basis points to 2.39% in ...
Shares of some of the largest U.S. financial-services companies — Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley — were trading lower on Wednesday morning despite posting ...
Altogether, the Bank of America revenues are forecast to touch $100.56 billion in FY2023. Additionally, BAC’s adjusted net income margin is likely to see a slight decrease in the year, leading ...
Bank of America reported a solid Q2, beating estimates. Learn how BAC's net deposits saw outflows and net interest income is contracting.
Bank of America's net interest margin rose by four basis points to 2.42%. Rising interest rates typically translate to better profit margins for banks, and it's encouraging to see the numbers ...
Bank of America (BAC 0.41%) has substantially increased its asset and wealth management business over the last decade, spurred on by its 2008 acquisition of Merrill Lynch as well as the ...