Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust performance by the second-largest U.S. lender in 2024, according to an internal memo seen by Reuters on Friday.

Bank of America’s latest earnings results offer insight into the sentiment of U.S. businesses on M&A in the coming year. “The consumers are still spending, and our business clients are profitable and increasingly optimistic,

Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio. Citigroup has far and away been the worst-performing large U.S. bank stock since the Great Recession and many investors have ditched the stock out of frustration.

Bank of America allocates $1B in restricted stock pool for workforce, aiming to retain talent, boost profitability, and contain expenses.

Bank of America reported fourth-quarter earnings before the opening bell Thursday. Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings: 82 cents vs.

The nation's second-largest bank issued guidance that net interest income will reach up to $15.7 billion by next year's fourth quarter, a 7% increase.

The Rock Hill Police Department is investigating a robbery outside of a Bank of America Thursday evening. It happened just before 4:45 p.m. on Heckle Boulevard. The victim told police that she was leaving the bank, after making a withdrawal, when a male walked up to her.

Bank of America says a customer is out of luck after a “phantom hacker” drained $20,000 from her account. Chicago-based business owner Milan Jackson says it all started when she received a phone call from someone who claimed to work at the bank,

Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.

Since the dawning of its Depression-era San Francisco roots, Bank of America (NYSE: BAC) has weathered close to a century of wars and financial upheavals to rise as one of the stop financial institutions in the US, ranking #2 behind JP Morgan Chase by ...

Oppenheimer raised the firm’s price target on Bank of America (BAC) to $55 from $54 and keeps an Outperform rating on the shares. Bank of

Manufacturing activity could begin to expand as soon as April of this year, Bank of America strategists said in a recent note. The Discover it Student Card earns 5% cash back in rotating categories.