Consumer Investments clients have increasingly opted for managed account options based on their unique investment needs, reinforcing the high-tech, high-touch approach clients receive through the Merrill Edge platform and from more than 3,000 financial solutions advisors. Financial solutions advisors are available across the bank's network of more than 3,700 financial centers. The bank recently announced plans to expand it financial center network and completion of a multi-year renovation initiative to mode ...

Bank of America Corporation’s (BAC) shares have underperformed the industry over the past few months. Yet, reports suggest that the bank’s bonus pool for investment bankers will probably rise 10% when it is announced in February.The investment banking business has been showing signs of resurgence despite the challenging macroeconomic environment that is weighing on it. Banks around the world have benefited from an uptick in mergers and acquisitions and a surge of underwriting for bonds and equities. Also, w ...

CHARLOTTE, N.C., Jan. 9, 2025 /PRNewswire/ -- As previously announced, Bank of America will report its fourth quarter 2024 financial results on Thursday, January 16.  The results will be released at approximately 6:45 a.m. ET, followed by an investor conference call at 11:00 a.m. ET.The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.Investor Conference Call InformationFor a l ...

CHARLOTTE, N.C., Jan. 7, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on January 23, 2025, all $2,000,000,000 principal amount outstanding of its 3.366% Fixed/Floating Rate Senior Notes, due January 2026 (CUSIP No. 06051GGZ6) (the "Notes"), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of January 23, 2025.  Interest on the Notes will cease to accrue on the redemption da ...

Ken Sheldon to focus on Global Commercial Banking MANCHESTER, N.H., Jan. 7, 2025 /PRNewswire/ -- Bank of America has named Matt Reilly president of Bank of America New Hampshire. As president and head of the market, Reilly will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank's eight lines of business. He succeeds Ken Sheldon, who successfully led the market for nearly 14 years and will continue as Global Commercial Banking senior relationsh ...

Bank of America (BAC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stoc ...

Warren Buffett, the legendary Oracle of Omaha and arguably the most famous investor to have ever lived, owes a great deal of his success to his buy-and-hold approach that tends to focus on blue-chip dividend stocks. Berkshire Hathaway's huge positions in dividend stalwarts like Bank of America Corp. NYSE: BAC and Apple Inc. NASDAQ: AAPL earn the company billions of dollars in dividend distributions annually. Stable dividend stocks can be a strong defensive maneuver during periods of market turbulence—these ...

The outlook for precious metals in 2025 looks promising, with analysts from UBS and Bank of America expressing confidence in the performance of gold, silver, and platinum. Gold remains a standout, with both UBS and Bank of America forecasting higher prices driven by factors like geopolitical uncertainty, central bank purchases, and investor demand. Silver is set to benefit from strong industrial demand, particularly from the solar and electric vehicle sectors, as well as supply constraints. Meanwhile, plati ...

The U.S. economy got off to a good start in 2024, thanks to a robust labor market, increased consumer spending, technological advancements and optimism over potentially faster interest cuts by the Federal Reserve.However, as inflation was high and did not decline as anticipated, the euphoria surrounding interest rate reduction progressively waned. This led to uncertainty regarding the pace of rate cuts. Though the Fed has reduced interest rates by 100 basis points since September, it has hinted at fewer cut ...

公司表现 - 公司股票在过去一年实现了31%的回报率 [1] - 公司消费者银行业务连续23个季度实现净新增支票账户增长 [4] - 公司财富管理部门受益于强劲需求，全球市场部门创下股票销售和交易量记录 [4] - 公司成功抓住并购活动复苏的机遇，全球银行业务收入因更高的咨询费用而增加 [4] - 公司在前九个月实现了更高的平均贷款、存款增长以及客户投资资产余额创纪录 [9] - 公司第四季度营收预计增长6.8%，调整后每股收益预计达到0.79美元，高于去年的0.70美元 [10] 行业环境 - 金融服务行业竞争加剧，金融科技公司试图颠覆传统银行模式 [3] - 美联储最近的降息可能为贷款需求提供额外推动力 [10] 未来展望 - 公司有望从新的信贷增长周期和稳定的经济条件中受益，推动股票估值回升 [6] - 公司通过提高运营和财务效率，有望实现更高的股本回报率 [6] - 公司第四季度财报可能成为股价进一步上涨的催化剂 [7] - 公司管理层将在1月16日的第四季度财报中重申积极趋势，并为新年定调 [8] - 公司通过有机增长和平台核心优势实现市场份额增长 [9] - 公司当前的市净率为1.3，低于2022年峰值时的1.6，显示股票仍有上涨空间 [11] - 只要经济增长保持稳定，公司将继续为股东带来正回报 [13] 财务指标 - 公司第三季度的信贷损失拨备为13亿美元，第四季度的拨备调整将反映管理层对信贷条件的信心 [14]