Bank of America Corporation

BAC

US0605051046

Banks

Market Closed - Nyse Other stock markets 04:00:03 2026-02-06 pm EST			Pre-market 05:52:35 am
56.53 ^USD	+2.89%		56.40	-0.23%

05:06am	UK's RAC Reportedly Taps More Banks for GBP5 Billion IPO	MT
04:54am	NatWest snags wealth manager for GBP2.7 billion, launches buybacks	AN

Financials Gain on Strong Earnings - Financials Roundup

Published on 10/14/2024 at 03:21 pm EDT - Modified on 10/14/2024 at 05:22 pm EDT

Dow Jones

BANK OF AMERICA CORPORATION

+2.89%

THE GOLDMAN SACHS GROUP, INC.

+4.31%

Shares of banks and other financial institutions rose amid strong earnings in the sector.

Bank of America and Goldman Sachs Group traded at all-time highs ahead of earnings reports Tuesday.

"It's [likely] the anticipation of rates coming down further because of the fact we've seen a somewhat steepening of the yield curve," said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

10-14-24 1721ET

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BANK OF AMERICA CORPORATION	56.53USD	+2.89%	+6.26%	408B
	THE GOLDMAN SACHS GROUP, INC.	928.75USD	+4.31%	-0.71%	291B

Latest news about Bank of America Corporation

05:06am	UK's RAC Reportedly Taps More Banks for GBP5 Billion IPO	MT
04:54am	NatWest snags wealth manager for GBP2.7 billion, launches buybacks	AN
02:44am	High-Risk Week Ahead for Markets with U.S. Jobs Report in Focus
07:34pm	Stocks rise as chip sector rebounds, investors focus on key US data	RE
Feb. 08	Week Ahead for FX, Bonds : U.S. Jobs, Inflation -2-	DJ
Feb. 08	UK's RAC Reportedly Taps More Banks for GBP5 Billion IPO	MT
Feb. 06	Sector Update: Financial Stocks Climb Late Afternoon	MT
Feb. 06	Sector Update: Financial	MT
Feb. 06	Goldman Sachs, JPMorgan, Bank of America Raise Bonus Pools for Bankers, Traders	MT
Feb. 06	TREASURIES-US Treasury yields rebound before next week's key jobs data	RE
Feb. 06	Goldman Sachs, JPMorgan, Bank of America Raise Bonus Pools for Bankers, Traders	MT
Feb. 06	Goldman, JPMorgan Bankers See Bonus Pools Rise at Least 10%	MT
Feb. 06	BofA Keeps SocGen at Buy on Earnings Beat, Potential Share Buybacks	MT
Feb. 06	LatAm FX, stocks eye positive end to week of tech, commodity turmoil	RE
Feb. 06	RXO, Inc., RXO Capacity Solutions Inc. and RXO Last Mile Canada Inc. Enters into Certain Asset-Based Revolving Credit Agreement	CI
Feb. 06	HSBC Adjusts Price Target on Bank of America to $57 From $55, Maintains Hold Rating	MT
Feb. 06	Diary - Europe's STOXX 600 Corporate Earnings Week Ahead	RE
Feb. 06	EM currencies and stocks set to end week with losses	RE
Feb. 06	Bayer in Demand: Asundexian Data Bolster Growth Hopes	DP
Feb. 06	EMEA Morning Briefing : Software Rout Weighs on Sentiment	DJ
Feb. 05	Singapore budget may be less generous amid resilient growth	RE
Feb. 05	Citi announces match program for government contribution to Trump Accounts	RE
Feb. 05	Bank of America announces full redemption of its Series DD preferred stock and related depositary shares	RE
Feb. 05	ABM Industries Incorporated Enters in to an Amendment to the Agreement	CI
Feb. 05	Sector Update: Financial Stocks Decline Late Afternoon	MT

Chart Bank of America Corporation

Duration

Period

BAC: Dynamic Chart

Company Profile

Bank of America Corporation is a banking group organized around 5 areas of activity: - commercial banking (58.4% of Net Interest Income); - business and investment banking (23.3%); - wealth management and asset management (12.3%); - market banking (5.9%); - other (0.1%). At the end of 2024, the group managed USD 1,965.5 billion in current deposits and USD 1,095.8 billion in current credits.

Employees

213,207

Sector

Banks

Calendar

Feb. 10 - Bank of America Securities Financial Services Conference

More about the company