🚀 Discover this awesome post from Business News 📖
📂 **Category**:
✅ **What You’ll Learn**:
Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington President David Rubinstein at an event at The Ritz-Carlton on February 25, 2025 in Washington, DC.
Anna Money Maker | Getty Images
Bank of America It is scheduled to report fourth-quarter earnings before the opening bell on Wednesday.
Here’s what Wall Street expects:
- Earnings: 96 cents per share, according to LSEG
- profit: $27.94 billion, according to LSEG
- Net interest income: $15.68 billion, according to StreetAccount
- commerce: Fixed income of $2.64 billion, stocks worth $1.86 billion, according to StreetAccount.
Bank of America, the second-largest US bank by assets, has been the beneficiary of the industry’s recent tailwinds.
Higher trading and advisory fees on Wall Street, stable consumer credit and deregulation have helped the bank, whose shares rose 24% last year.
Analysts will want to hear guidance from CEO Brian Moynihan on whether the momentum will continue into 2026.
Tuesday, JPMorgan Chase Recorded results that exceeded expectations with better-than-expected trading revenues. Citigroup and Wells Fargo Also reporting results Wednesday, while Goldman Sachs and Morgan Stanley Results will be released Thursday.
This story is evolving. Please check back for updates.
💬 **What’s your take?**
Share your thoughts in the comments below!
#️⃣ **#Bank #America #BAC #earnings**
🕒 **Posted on**: 1768390475
🌟 **Want more?** Click here for more info! 🌟
