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Bank of America reported second-quarter earnings per share (EPS) of $0.83, ahead of the average Wall Street estimate of $0.80. Revenue of $25.4 billion was above the $25.2 billion forecast, and up ...
The stock market has had a stellar run in 2023, and the equity strategy team at Bank of America expects another strong year in 2024 will send the S&P 500 ( ^GSPC) to a record high of 5,000. In a ...
July 31, 2024 at 7:10 AM. Bank of America (NYSE: BAC), one of the largest financial institutions in the world, has underperformed the broader S&P 500 over the past five years. That's certainly not ...
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...
United Community Bank: Greenville, South Carolina: $27 $3.48 UCBI 80 Arvest Bank: Bentonville, Arkansas: $26 N/A N/A 81` BCI Financial Group: Miami, Florida: $26 N/A N/A 82 Ameris Bancorp: Atlanta, Georgia: $25 $3.66 ABCB 83 First Hawaiian Bank: Honolulu, Hawaii: $24 $2.92 FHB 84 Bank of Hawaii: Honolulu, Hawaii: $23 $2.88 BOH 85 Cathay Bank ...
Brian Thomas Moynihan (born October 9, 1959) [ 1] is an American lawyer, investment banker and businessman who is the chairman and CEO of Bank of America. He joined the board of directors, following his promotion to president and CEO in 2010. [ 2][ 3][ 4] He is a member of the Council on Competitiveness [ 5] and Partnership for Rhode Island ...
Bank of America's P/E ratio is far lower than Apple's, closing in on 15 times earnings, but that is near the highs of the last seven years since Buffett's owned the stock. And after a strong run ...
Bank of America's forecast implies a roughly 5% drop in the stock market through the end of this year. Through the close on Wednesday, the S&P 500 had already lost about 19% so far this year.