BofA beats profit expectations on trading boost, sees higher 2025 interest income
The earnings mirror those of rivals across Wall Street including JPMorgan, Goldman Sachs, Wells Fargo, and Citigroup, whose results were buoyed by stronger equity markets and investment banking. "Every source of revenue increased,
Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A ...
Wells Fargo's profit climbed in the fourth quarter, buoyed by stronger investment banking earnings, it said on Wednesday.
Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." ...
Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ ...
Net income rose 47% to $5.08 billion. Net interest income—which reflects the difference between what banks earn on loans and ...
Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...
BofA's investment banking fees jumped 44% to $1.7 billion in the fourth quarter, compared with a year earlier. Across the ...
The earnings mirror those of rivals across Wall Street including JPMorgan, Goldman Sachs, Wells Fargo , and Citigroup, whose ...
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than ...
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