31.23 +0.05 (0.16%)
After hours: 7:59PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||30.34 - 31.29|
|52-week range||22.07 - 31.79|
|PE ratio (TTM)||17.85|
|Earnings date||16 Apr 2018|
|Forward dividend & yield||0.48 (1.54%)|
|1y target est||32.95|
Jan.17 -- Jeffery Harte, analyst at Sandler O'Neill and Bloomberg Intelligence's Alison Williams break down earnings from Bank of America and Goldman Sachs. They speak with Bloomberg's Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
Jan.17 -- Bloomberg's Yalman Onaran discusses fourth-quarter results from Bank of America. He speaks on "Bloomberg Surveillance."
Bank of America’s fourth-quarter profit fell from a year ago, hurt by a $2.9 billion charge related to the tax bill, even as the bank ended a year that put its crisis-era issues firmly in the past.
A loan to a South African businessman is turning into a billion-dollar blunder for Wall Street. Bank of America and Goldman Sachs Group on Wednesday reported more than $400 million in combined losses and ...
Jim Cramer reiterated his bullishness on J.P. Morgan, Citigroup and Bank of America after a flurry of earnings reports from the big banks.
Goldman Sachs is evaluating whether to enter the cryptocurrency frenzy after fourth-quarter results beat forecasts despite continued weakness in its trading.
BofA's (BAC) Q4 adjusted earnings improve, reflecting loan growth and investment banking strength despite expected trading weakness.
Wall Street is already off to a hot start in the New Year, with the Dow surging to new heights and tech giants like Amazon (AMZN) and Nvidia (NVDA) picking up right where they left off. But as tempting as it might be to try to find the next hot tech stock, one of the best places to start searching for 2018's top picks might be where the massive institutional investors put their money.
Bank of America’s Global Wealth and Investment Management unit, which includes Merrill Lynch and U.S. Trust, reported strengthening revenue and profits in the fourth quarter. Details of the results underlined Merrill Lynch’s continued shift toward fee-based accounts. Bank of America said this reflected “solid” client activity and a shift from commission-based brokerage accounts to fee-based accounts.
Goldman Sachs Group (GS) and Bank of America (BAC) both reported falling bond trading revenues this morning before the market opened. Goldman’s fixed income revenue dropped 50% while BofA’s fell 13%. Overall, Goldman’s revenue of $7.8 billion and earnings per share of $5.68 handily beat analyst estimates.
The second-biggest U.S. bank had various one-time charges in the fourth quarter, like its peers, but is well-positioned to capitalize on an improving economy for consumers.
Bank of America said Wednesday that its fourth-quarter profits fell by nearly half from a year ago, as the bank had to book $2.9 billion in charges related to the new tax law. But setting aside those charges, ...
During a post-earnings call, Bank of America CEO Brian Moynihan says it has a limited relationship with cryptocurrencies.
Among the companies with shares expected to trade actively in Wednesday's session are Goldman Sachs, Bank of America, Juno Therapeutics, Ford Motor, Alphabet and Boeing.
Berkshire Hathway (BRK.B) has added holdings in big names such as Apple (AAPL) and Monsanto (MON) to its portfolio. Its portfolio was valued at $178 billion at the end of 3Q17, compared with $162 billion at the end of 3Q16, largely due to a conversion of warrants to stock in Bank of America (BAC). Berkshire is slowly exiting from IBM (IBM), Wells Fargo (WFC), and Charter Communications (CHTR) due to expected weak operating performance.
Bank of America's results include costs to write down so-called deferred tax assets, or DTAs, a type of credit that allow companies to cancel out taxes by deducting past losses against current earnings....
Bank of America reported its fourth-quarter 2017 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:
Bank of America reports better-than-expected adjusted fourth-quarter earnings, but adjusted revenue falls short of expectations.
After a mostly one-way trade higher for weeks, Tuesday's dramatic stock market reversal signals the potential for more choppy trading ahead.
Earnings season starts to kick into higher gear with results from Bank of America, Goldman Sachs, Alcoa, and ASML Holding.
Big investment banks are raising their price targets on oil as crude futures hit levels not seen since the early days of a slump in December 2014.