Bank of America Corporation (BML-PJ)

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23.10

-0.06

(-0.26%)

As of 2:33:02 PM EST. Market Open.

'This is just the beginning' for bank profit growth: CFRA analyst

The financials sector is showcasing a strong earnings performance this season, as major banks Bank of America (BAC), Morgan Stanley (MS), Citigroup (C), JPMorgan Chase & Co. (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) reported a combined 19% increase in net income for 2024. CFRA Research Director of Global Fundamental Research Ken Leon joins Market Domination to offer his analysis on the banking industry’s outlook. “With a US economy growing 2.5%, there's two sides of what gets you to net interest income. One is rates, which maybe we'll say stays or goes, [and] one cut," Leon explains. He states the "volumes off of a US economy growing [at] 2.5% is very positive." Additionally, Leon examines how regulatory changes, particularly under a pro-business Trump administration, could further benefit banks. "We have new actors in important roles, not only at the [Federal Reserve] but across all the organizations, whether it's the FDIC [Federal Deposit Insurance Corporation], the Department of Justice, the FTC [Federal Trade Commission]," Leon notes. He believes this will "open up markets" and will allow the country to see a "pro-business, pro-economy" environment the nation hasn't seen in four years. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch

Yahoo Finance Video 21 hours ago

MS

MS-PQ

BAC
Update: Wells Fargo, Merrill Lynch Agree to Pay $60 Million in SEC Penalties for Cash Sweep Program Violations

(Updates with response from Bank of America spokesperson in the seventh and eighth paragraphs.) W

PREMIUM
MT Newswires 1 hour ago

BAC

WFC
Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of America (BAC) have what it takes? Let's find out.

Zacks 2 hours ago

BAC
CEOs show signs of confidence in dealmaking, says Bank of America’s CFO

"We're entering 2025 with good momentum," says Alastair Borthwick.

Fortune 7 hours ago

BAC
Here’s how L.A. homeowners impacted by the wildfires can request mortgage relief

JPMorgan Chase and Bank of America have programs offering mortgage relief to homeowners impacted by the California wildfires.

Fortune 11 hours ago

BAC

FMCC

FNMA
Bank of America Corp (BAC) Q4 2024 Earnings Call Highlights: Strong Financial Performance Amid ...

Bank of America Corp (BAC) reports robust net income and revenue growth, while navigating increased expenses and regulatory challenges.

GuruFocus.com 12 hours ago

BAC
Bonds That Once Haunted Banks Are Now Juicing Profits

Banks are expecting a bump to their core banking income as older, lower-yielding bonds mature and can be reinvested at today’s far higher yields.

The Wall Street Journal 21 hours ago

WFC

JPM

BAC
These Stocks Moved the Most Today: TSMC, Bank of America, Morgan Stanley, UnitedHealth, Symbotic, D-Wave Quantum, and More

Fourth-quarter net profit of Taiwan Semiconductor jumps 57%, UnitedHealth falls after revenue misses estimates, and profits at Bank of America and Morgan Stanley beat analysts’ expectations.

Barrons.com 22 hours ago

TSLA

NVDA

UNH
Bank Of America, Morgan Stanley Trade Near Buy Points After Q4 Beats

Bank of America, Morgan Stanley earnings more than double for Q4. BAC stock and MS shares are closing in on buy points.

Investor's Business Daily 22 hours ago

BAC

MS

MS-PQ
Bank of America (BAC) Q4 2024 Earnings Call Transcript

BAC earnings call for the period ending December 31, 2024.

Motley Fool 22 hours ago

BAC
BofA Floats Third Year of 20% S&P Gains in Market Surprises List

(Bloomberg) -- A third straight year of outsize gains in US stocks — a display of strength last seen in the 1990s — leads Bank of America Corp.’s list of potential market surprises for 2025.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWill Americans Ever Lose Their Taste for Telework?Chicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesChurches, Cinemas — and Moon Artifacts — Top List of E

Bloomberg yesterday

BAC

^GSPC
Fixed-Income Investors Wrestle With Higher Yields Ahead of Inauguration

Bond investors are in for a bumpier ride than usual, as Treasury yields are expected to move sharply in the coming weeks on the heels of an unpredictable Trump administration and closely watched economic data on growth, jobs and inflation.

The Wall Street Journal yesterday

BAC

WFC
Is Bank of America (BAC) the Best Bank Stock to Buy in 2025?

We recently published a list of 10 Best Bank Stocks to Buy in 2025. In this article, we are going to take a look at where Bank of America Corporation (NYSE:BAC) stands against other best bank stocks to buy in 2025. 2024 was a stellar year for banking giants in the United States. According to […]

Insider Monkey yesterday

BAC
Merrill Lynch Brings More Wealthy Clients to Its Fee-Based Advisory Program

Bank of America’s brokerage unit reported strong growth, as did the company’s private bank, as executives are emphasizing efforts to provide more complex services to wealthier clients.

Barrons.com yesterday

BAC
Four Things That Helped Banks Haul in Huge Profits in 2024

How lenders managed to rake in more than investors expected in a year when interest rates started falling and Donald Trump was elected president.

The Wall Street Journal yesterday

C

JPM

BAC
BofA and Morgan Stanley profits double, 2025 Big Bank trends

Profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled in the fourth quarter, signaling a strong 2024 for Big Banks. Stephen Biggar, director of financial services research at Argus Research, joins Catalysts to share his insights on these earnings report and discuss what they may signal for the year ahead. "The global banks are kind of the stars in the banking universe right now, in terms of earnings," Biggar says. He highlights a big resurgence in investment banking, particularly within M&A activity, debt underwriting, and a "little bit in the IPO side." Biggar adds, "Trading results were a little bit down from the third quarter, but still strong year over year." Biggar also discusses the push into private credit, as banks such as Goldman Sachs (GS), Citi Group (C), and Wells Fargo (WFC) shift focus to alternatives amid weak lending in other sectors. Watch the video above to hear Biggar's top bank picks and detailed insights on how these trends will shape the future of banking. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Josh Lynch

Yahoo Finance Video yesterday

WFC

MS

MS-PQ
Bank of America Beats Fourth-Quarter Views as Investment Banking Fees Surge 44%

Bank of America (BAC) reported stronger-than-expected growth in fourth-quarter results as investment

PREMIUM
MT Newswires yesterday

BAC
Morgan Stanley and Bank of America report robust Q4 earnings

Big Bank earnings are rolling out this week, with Morgan Stanley (MS) and Bank of America (BAC) more than doubling in quarter four after a spike in dealmaking. Mac Sykes, Gabelli Funds portfolio manager, joins Morning Brief to discuss earnings season and the banks’ surge in quarter four. Sykes discusses the favorable environment for banks today. "We now have a normalized curve, so instead of the inversion [there is] a pretty normalized real rate," he explains. "We have regulations that are going to be easier, so that boosts M&A." Sykes also adds that the "consumer activity has been very good." Additionally, Sykes points to how Bank of America's trading underperformed compared to rivals but says repricing of legacy investments is "going forward over the next several years" to boost net interest income. Watch the video above to hear Sykes' full insights on how these factors are shaping the future of Big Bank earnings. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch

Yahoo Finance Video yesterday

MS

MS-PQ

BAC
Bank of America Crushes Q4 Earnings -- Investment Banking Fees Skyrocket 44%

Record-Breaking Growth Positions BofA for a Massive 2025 Run

GuruFocus.com yesterday

BAC
Bank of America's Q4 Earnings Beat on Robust IB & Trading, Higher NII

A robust IB & trading performance, NII growth and higher loan balance aid BAC's Q4 earnings, while the rise in adjusted expenses and provisions act as spoilsports.

Zacks yesterday

BAC

Performance Overview

Return	BML-PJ	S&P 500
YTD	+1.58%	+1.68%
1-Year	+12.14%	+26.02%
3-Year	+8.22%	+28.80%

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Bank of America Corporation (BML-PJ)

'This is just the beginning' for bank profit growth: CFRA analyst

Update: Wells Fargo, Merrill Lynch Agree to Pay $60 Million in SEC Penalties for Cash Sweep Program Violations

Are You Looking for a High-Growth Dividend Stock?

CEOs show signs of confidence in dealmaking, says Bank of America’s CFO

Here’s how L.A. homeowners impacted by the wildfires can request mortgage relief

Bank of America Corp (BAC) Q4 2024 Earnings Call Highlights: Strong Financial Performance Amid ...

Bonds That Once Haunted Banks Are Now Juicing Profits

These Stocks Moved the Most Today: TSMC, Bank of America, Morgan Stanley, UnitedHealth, Symbotic, D-Wave Quantum, and More

Bank Of America, Morgan Stanley Trade Near Buy Points After Q4 Beats

Bank of America (BAC) Q4 2024 Earnings Call Transcript

BofA Floats Third Year of 20% S&P Gains in Market Surprises List

Fixed-Income Investors Wrestle With Higher Yields Ahead of Inauguration

Is Bank of America (BAC) the Best Bank Stock to Buy in 2025?

Merrill Lynch Brings More Wealthy Clients to Its Fee-Based Advisory Program

Four Things That Helped Banks Haul in Huge Profits in 2024

BofA and Morgan Stanley profits double, 2025 Big Bank trends

Bank of America Beats Fourth-Quarter Views as Investment Banking Fees Surge 44%

Morgan Stanley and Bank of America report robust Q4 earnings

Bank of America Crushes Q4 Earnings -- Investment Banking Fees Skyrocket 44%

Bank of America's Q4 Earnings Beat on Robust IB & Trading, Higher NII

Performance Overview