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Bank of America ends 2025 with $30.5B profit driven by trading,...

PROVIDENCE – Bank of America Corp. finished 2025 with a profit of $30.5 billion, up about 10.5% from $27.6 billion in 2024, as higher...

Bank of America Q3 profit jumps 23% to $8.47B

PROVIDENCE – Bank of America Corp. reported third-quarter profit of $8.47 billion on Wednesday, an increase of 23% from a year ago driven by...

Bank of America’s Brian Velasquez Elected Board Chair at College Visions

Brian Velasquez, Senior Vice President at Bank of America, has been elected Chair of the Board of Directors at College Visions. Founded in 2004,...

Bank of America reports $7.12B profit in Q2, surpasses earnings expectations

CHARLOTTE, N.C. – Bank of America Corp. reported a $7.12 billion second-quarter profit Wednesday, a 3% increase from $6.9 billion the nation's second-largest bank...

Bank of America posts $7.4B profit in Q1, ordered to pay...

CHARLOTTE, N.C. – Bank of America Corp. on Tuesday reported a first-quarter profit of $7.4 billion, an increase from $6.6 billion posted a year...

Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that...

WASHINGTON (AP) – The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job...

Bank of America Q2 profits drop as higher interest rates slow...

NEW YORK (AP) – Bank of America Corp. said its profits fell in the second quarter, as higher interest rates ate into BofA's expenses,...

CVS Health Corp. starts $5B bond sale

WOONSOCKET – CVS Health Corp. started selling $5 billion in investment-grade corporate bonds a week after the company missed first-quarter expectations and chopped its...
BANK OF AMERICA Corp. saw its fourth-quarter profit fall more than 50% from a year earlier because of lingering banking industry headwinds. / AP FILE PHOTO/MICHAEL DWYER

Bank of America profits fall 50% in fourth quarter of 2023

NEW YORK (AP) – Bank of America Corp. saw its fourth-quarter profit fall more than 50% from a year earlier as the banking industry...

Big-bank CEOs warn that new regulations could harm the economy

NEW YORK (AP) – The heads of Wall Street's biggest banks used an appearance on Capitol Hill to plead with senators to stop the...
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