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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 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 ...
Bank of America Corp.’s earnings fell 22% in the fourth quarter. The second-largest bank in the U.S. said Tuesday that its profit totaled $5.47 billion in the final three months of the year ...
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 ...
Bank of America Corp. shares rose 1.1% in premarket trading on Monday after the bank said its first-quarter earnings fell to $7.1 billion, or 80 cents a share, from $8.1 billion, or 86 cents a ...
Consumer banking giant Bank of America says third-quarter profit declined 15.6% from a year earlier, but saw less need to put aside money to cover potentially bad loans, citing improvements in ...
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.
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