AP Bank of America NEW YORK -- Bank of America today reported a fall in its first-quarter profit, in part due to lower mortgage-banking activity, but its results handily beat Wall Street expectations.

Bank of America's second-quarter profit fell by a third to $6.2 billion, or 73 cents a share, from $9.2 billion, or $1.03 a share, in the year-ago quarter. Revenue increased to $22.7 billion from ...

Bank of America's profit shrank in the fourth quarter, hurt by $3.7 billion in one-off charges and a slide in interest income as it paid more to hold on to customer deposits.

Bank of America's fourth-quarter profit shrank as the lender took $3.7 billion in combined charges to refill a government deposit insurance fund and phase out a loan index.

Bank of America's fourth-quarter profit shrank as the lender took $2.1 billion in charges to refill a government ... Bank of America profit falls. By Reuters. January 12, 2024 11:51 AM UTC Updated ...

Bank of America stock was falling after the bank's earnings declined from a year ago. BofA posted a fiscal fourth-quarter profit of $3.1 billion, falling from the $7.1 billion it posted a year prior.

Bank of America’s BAC-N profit shrank in the fourth quarter, hurt by $3.7-billion in one-off charges and a slide in interest income as it paid more to hold on to customer deposits.

Trending: Bank of America 2Q Profit Falls Provided by Dow Jones Jul 16, 2024, 2:08:00 PM 09:53 ET -- Bank of America is one of the most mentioned companies in the U.S. across all news items in the ...

Jan 12 (Reuters) - Bank of America's BAC.N fourth-quarter profit shrank as the lender took $3.7 billion in combined charges to refill a government deposit insurance fund and phase out a loan index.

NEW YORK (Reuters) -Bank of America's profit shrank in the fourth quarter, hurt by $3.7 billion in one-off charges and a slide in interest income as it paid more to hold on to customer deposits.

NEW YORK (Reuters) -Bank of America's profit shrank in the fourth quarter, hurt by $3.7 billion in one-off charges and a slide in interest income as it paid more to hold on to customer deposits. "We ...