Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient
News Source : Yahoo Entertainment

News Summary

  • Bank of America profits rose 17% from a year ago to $8.6 billion, or $1.11 per share.
  • Net revenue rose 7% to $30.3 billion compared to $28.2 billion in the first quarter of 2025.
  • The nation's three other largest banks, JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C), also reported year-over-year profit increases.
  • Bank of America CEO Brian Moynihan said in a statement that his bank "saw healthy client activity, including solid consumer spending and stable asset quality"
Bank of America (BAC) said on Wednesday that profits leaped 17% from a year ago.The countrys secondlargest bank reported profits rose to $8.6 billion, or $1.11 per share, exceeding the $1.01 per s [+2519 chars]

Must read Articles

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Tilray Brands Accelerates Next Phase of Global Growth and Market Leadership

News Source : By GlobeNewswire from Financial Post

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Marvel Layoffs, Will Trent Shocker & The Boys BCTV Daily Dispatch

News Source : By Ray Flook from Bleeding Cool News

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

New God of War spinoff game details leak multiple mythologies, stars Kratos wife Faye

News Source : By Jak Connor from TweakTown

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Foxboro officials stall approval of license for concerts, other events at Gillette Stadium, seeking more money for security

News Source : By By Stephen Peterson [email protected] from The Sun Chronicle

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Isaiah Rashad anuncia Its Been Awful, seu primeiro lbum em cinco anos, com lanamento em 1 de maio

News Source : By Rolling Stone Brasil from Rollingstone.com.br

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Beta Cinema Post Deals On Berlinale AwardWinner & Austrian B.O. Hit Four Minus Three

News Source : By Melanie Goodfellow from Deadline

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Kanye West has cancelled another gig but whats happening with the rest of his 2026 tour?

News Source : By Rachel McGrath from The-independent.com

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

The Top Features of a Good Slot Game

News Source : By Jackson Thorne from Ahouseinthehills.com

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Prep talk Oakwood, known for children of actors and actresses, is 140 in baseball

News Source : By Eric Sondheimer from Yahoo Entertainment

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Word of the Day Paronomasia

News Source : By Aastha Raj from The Times of India

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Bitcoin pulls back as $75,000 remains both the milestone and the ceiling

News Source : By Omkar Godbole from CoinDesk

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

President Trump says Iran war is very close to being over and more top headlines

News Source : By from Fox News

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Scarlett Johansson Being 20something in the early 2000s was a really harsh time

News Source : By Kaiser from Celebitchy.com

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

My Strange Dysphoria

News Source : By Supriya Ganesh from Vulture

News image for article Bank of America joins big bank peers in reporting rising profits, calls US economy resilient

Forthcoming KTM switch not impacting Marquezs involvement in GP26 development

News Source : By Oriol Puigdemont from autosport.com