4th-Quarter Profit More Than Doubles

Truist Beats Quarterly Profit Estimates on Investment Banking Gains
Net interest margin, which measures lending profitability, expanded to 3.07%, compared with 2.95% a year earlier. Truist's quarterly adjusted net income available to common shareholders was $1.21 billion, or 91 cents per share, surpassing estimates of $1.18 billion, or 88 cents, according to estimates compiled by LSEG.
Bank of America Earnings: Fourth-Quarter Profit More Than Doubles
Bank of America's Wall Street businesses drove a surge in profit last quarter, in common with peers. Here are the highlights: BofA's profit more than doubled to $6.67 billion. That amounted to $0.82 a
Bank Of America Q4 Profit Soars, Results Top Estimates
Bank of America Corp. (BAC) reported Thursday that net income applicable to common shareholders for the fourth quarter soared to
Bank of America Q4 Earnings: $6.7 Billion Profit, $1.7 Billion In Investment Banking Fees
Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77. Revenue,
Bank Of America's fourth quarter profit soars
Bank of America reported Thursday that net income applicable to common shareholders for the fourth quarter soared to $6.4 billion from $2.84 billion in the prior-year quarter. The provision for credit losses was $1.
Bank of America Investment Banking Fees Boost 4Q Profit
Bank of America Corp. topped analysts' estimates for fourth-quarter profit as investment-banking fees hit the highest in three years and net interest income outperformed forecasts. Manus Cranny and Sonali Basak break down the numbers on Bloomberg Television.
SLB's quarterly profit beats on international business strength
SLB beat analysts' estimates for fourth-quarter profit on Friday as the oilfield services provider benefited from higher ...
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Citizens' private bank turns profit for the first time
The Providence, Rhode Island-based company launched its private bank in 2023 after a spate of bank failures left holes in the ...
Morgan Stanley's Profit More Than Doubles on Boost From Dealmaking, Stock Sales
Morgan Stanley's investment banking revenue rose 25% to $1.64 billion, echoing results at rivals Goldman Sachs and JPMorgan, ...
China's Jinko Solar expects up to 98.9% fall in annual profit
China's Jinko Solar said on Friday it expects to record a 98.4% to 98.9% decrease in its full-year 2024 net income.
‘Profit Off of My Tragedy’: Donation Scams Compound Suffering for Fire Victims
Online fund-raisers with stories of loss and desperation have become a symbol of the Los Angeles wildfires’ destruction.
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Balancing People And Profit Margins
Meta CEO Mark Zuckerberg announced a shift away from incorporating diversity, equity, and inclusion strategies in hiring.
Target announces holiday sales exceeded expectations — but not profit as discounts reign king
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above ...
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 ...
India's ICICI Lombard beats Q3 profit estimates on health, motor insurance boost
India's ICICI Lombard General Insurance beat third-quarter profit estimates on Friday, helped by higher premiums earned in ...