Bank of America profit rises on higher interest income Bank of America's profit rose in the third quarter as it joined rivals in earning more from interest payments by its customers, while investment banking … Business • 17 Oct
Bank of America profit up on boost from interest income Bank of America's profit rose nearly 20% in the second quarter as it earned more from customers' loan payments, while its investment banking business fared … Business • 18 Jul
Bank of America profit rises on higher rates boost Bank of America's first-quarter profit beat analysts' estimates as it collected hefty interest payments from customers while its bond traders had their best quarter in … Business • 18 Apr
US consumers in 'good shape' - Bank of America CEO US consumers are still in "pretty good shape," even as the Federal Reserve raises interest rates to tame inflation, Bank of America CEO Brian Moynihan … Business • 18 Jan
US banks get ready for shrinking profits and recession US banking giants are forecast to report lower fourth quarter profits this week as lenders stockpile rainy-day funds to prepare for an economic slowdown that … Business • 10 Jan
US banks warn of recession as inflation hurts consumers The biggest US banks are bracing for a worsening economy next year as inflation threatens consumer demand, according to executives. Business • 07 Dec 22
Bank of America profit drops on loan-loss provision Bank of America has today reported a smaller-than-feared 9% drop in quarterly profit, as its interest income was bolstered by a string of rate hikes … Business • 17 Oct 22
Bank of America moves some Russian bankers to Dubai Bank of America is moving some of its Russia-based bankers to Dubai, two sources told Reuters, following a move by several Western banks this year … Business • 13 Sep 22
Big US banks' second quarter profits expected to tumble Second quarter profits at big US banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery … Business • 11 Jul 22
Bank of America profit jumps on M&A boost, loan growth Bank of America has today reported a jump in fourth-quarter profit, benefiting from loan growth and a frenetic pace of global dealmaking activity that helped … Business • 19 Jan 22
Bank of America profit beats on boost from lending Bank of America beat estimates for third-quarter profit today, boosted by strong growth across its businesses and a release of reserves it had set aside … Business • 14 Oct 21
Bank of America profit surges on reserve release Bank of America has today reported a 173% jump in second-quarter profit as it released reserves it had set aside last year at the height … Business • 14 Jul 21
Bank of America's Q1 profit more than doubles Bank of America's profit more than doubled in the first quarter and topped Wall Street estimates as it released reserves it had set aside to … Business • 15 Apr 21
Bank of America points to economic recovery Bank of America posted a drop in fourth-quarter profit today that still topped Wall Street expectations and pointed to signs of an economic recovery as … Business • 19 Jan 21
Bank of America's profit falls on higher provisions Bank of America has today reported a 15.8% drop in quarterly profit, hit by higher provisions for credit losses and a slump in performance in … Business • 14 Oct 20
Bank of America profit more than halves on Covid woes Bank of America has today reported a drop of more than 50% in second-quarter profit, even as it set aside only about half as much … Business • 16 Jul 20
Bank of America profit slumps as loan provisions soar Bank of America has today reported a steep drop in first-quarter profit as it prepared for billions in potential loan losses amid fears that the … Business • 15 Apr 20
Bank of America beats on bond trading boost Bank of America today beat analysts' estimates for quarterly profit, as the second-biggest US lender's bond trading division posted a strong showing, eclipsing declines at … Business • 15 Jan 20
Central Bank to probe commercial property-focused funds The Central Bank will conduct a "deep dive" into the role of property funds in the domestic commercial real estate sector and assess whether a … Business • 04 Dec 19
Bank of America beats profit estimates on lending gains Bank of America, the second-largest US bank by assets, beat analysts' estimates for quarterly profit as gains from trading in stocks and robust loan growth … Business • 16 Oct 19
Bank of America reports 10% rise in Q2 profits Bank of America has today beaten estimates for quarterly profit, as America's second-largest lender's loan book benefited from a healthy domestic economy. Business • 17 Jul 19
Bank of America's profit rises 6% on growing loan book Bank of America has today reported a 6% rise in quarterly profit, as a growing loan book and cost cuts made up for a drop … Business • 16 Apr 19
Women of Ireland Fund to lift women's economic mobility A new €1.8m fund has been established to support charitable and social enterprise organisations that improve the economic mobility of women. Business • 18 Feb 19
Bank of America's Brexit bill hits $400m Bank of America has spent around $400m on preparing for Brexit, which has seen the bank move some operations from London to Dublin and Paris. Business • 13 Feb 19
Bank of America's quarterly profit more than triples Bank of America today reported better-than-expected fourth-quarter profit as higher interest income and loan growth eclipsed declines in revenue from investment banking and bond trading. Business • 16 Jan 19
