BofA Profit Beats Expectations on Trading Boost, Sees Higher 2025 Interest Income
BofA's investment banking fees jumped 44% to $1.7 billion in the fourth quarter, compared with a year earlier. Across the industry, global investment banking revenue jumped 26% to $86.80 billion, led by a 33% surge in North America, according to data from Dealogic. BofA earned the third-highest revenue among banks globally.
JPMorgan, Wells Fargo, Goldman Sachs post beats
Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A ...
Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened emphasis on fee revenue boosted ...
Wells Fargo & Company (NYSE:WFC) reported a net income of $5.08 billion, up 47% year over year in the fourth quarter of 2024.
The megabank saw $5.1 billion in profits in its fourth quarter, as higher fees from investment banking and wealth management ...
Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ ...
Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." ...
Stocks in Focus This Week. In this article, we are going to take a look at where Wells Fargo & Company (NYSE:WFC) stands ...
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than ...
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