Bank of America profit beats estimates
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As the Las Vegas Valley simultaneously feels the effects of slowing job growth and dipping tourism levels, alongside steady inflation and stable home prices, Philip Potamitis, Nevada market head of the Bank of Nevada,
Discover Bank of America's robust stress test results, Q1 progress, and growth potential. Read my analysis of BAC stock.
Earnings Estimates: Analysts expect Bank of America to report second-quarter revenue of $26.81 billion, up from $25.54 billion in last year's second quarter, according to data from Benzinga Pro. The company has beaten analyst estimates for revenue in five straight quarters and in nine of the last 10 quarters overall.
The top shareholders of Bank of America are Brian Moynihan, Matthew Koder, Dean Athanasia, Berkshire Hathaway, Vanguard, and BlackRock.
In the latest trading session, Bank of America (BAC) closed at $46.72, marking a -0.06% move from the previous day.
Bank of America based in Charlotte reports 6% revenue growth in Q1 despite tariff uncertainty and market volatility but still expects a strong year.
Warren Buffett continues to sell off Bank of America shares, reducing its stake by nearly 25%. Berkshire no longer needs to report sales.
Bank of America projects the total addressable market for this AI technology will grow from $45 billion in 2023 to $117 billion this year to $363 billion by year’s end, while Nvidia maintains a ...
Bank of America based in Charlotte reports 6% revenue growth in Q1 despite tariff uncertainty and market volatility but still expects a strong year.