|Bid||30.7800 x 5300|
|Ask||30.7900 x 29500|
|Day's Range||30.1300 - 30.8500|
|52 Week Range||22.7500 - 33.0500|
|PE Ratio (TTM)||17.83|
|Earnings Date||Oct 15, 2018|
|Forward Dividend & Yield||0.48 (1.65%)|
|1y Target Est||34.54|
JP Morgan’s (JPM) Jamie Dimon topped the list yet again as the highest-paid banking and finance CEO in 2017, according to analysts at S&P Global Market Intelligence.
Investor sentiment upbeat on banks' Q2 earnings, with the major players displaying top-line strength on the back of higher rates and improved trading.
Bitcoin was trading at $7,422.80, inching down 0.05% on the Bitfinex exchange, as of 8:29 AM ET (12:29 GMT). The digital asset was below its Wednesday high of $7,506.10.
If you're a shareholder in Arconic or Bank of America, you started your week feeling pretty good. If you're a Papa John's investor...perhaps not.
Discussions between advisors and high net worth (HNW) clients about philanthropy are on the rise, finds the U.S. Trust Study of the Philanthropic Conversation, as clients report advisors to be a valuable source of information, second only to their spouse or partner. For instance, many advisors underestimate their clients’ desire to discuss philanthropy early in their advisory relationship and overestimate the importance of tax benefits as a motivation for giving. To better understand advisors’ approach to and HNW individuals’ expectations of these discussions, U.S. Trust, Bank of America Private Wealth Management, partnered with The Philanthropic Initiative (TPI) on a nationwide survey of more than 300 advisors – including wealth advisors, trust and estate attorneys, accountants and other tax professionals – and a random sample of more than 100 HNW individuals with $3 million or more in investable assets who are actively engaged in charitable giving and who engage at least one of these advisor types.
U.S. gross domestic product could climb more than 4 percent in the second quarter, Bank of America Merrill Lynch researchers predict. Bank of America Chairman and CEO Brian Moynihan outlines the economy's growth drivers in an interview with CNBC's Jim Cramer. Bank of America Merrill Lynch researchers predict U.S. gross domestic product could surge above 4 percent in the second quarter, Bank of America BAC Chairman and CEO Brian Moynihan told CNBC on Monday.
Jim Cramer sits down with Bank of America Chairman and CEO Brian Moynihan, who outlines the U.S. economy's growth drivers.
The following is the unofficial transcript of a CNBC EXCLUSIVE interview with Bank of America Chairman and CEO Brian Moynihan and CNBC’s Jim Cramer on CNBC’s “Mad Money w/ Jim Cramer” (M-F 6PM – 7PM) today, Monday, July 16th. JIM CRAMER: Has this market finally decided to give the banks the credit they deserve? Bank of America delivered a terrific a six-cent earnings beat off of a 57-cent basis with higher than expected revenue, and robust loan growth, rising deposits, aggressive cost cuts, and superb digitization.
The " Fast Money " traders shared their first moves for the market open. Tim Seymour was a buyer of Alphabet GOOGL Karen Finerman was a buyer of Bank of America BAC David Seaburg was a buyer of Netflix NFLX Guy Adami was a buyer of U.
NEW YORK, NY / ACCESSWIRE / July 17, 2018 / U.S. markets closed mostly lower on Monday, as upbeat economic data and the latest batch of corporate earnings failed to encourage investors. The Dow Jones Industrial ...
The "Mad Money" host also hears from the CEOs of Bank of America and Enbridge. In the lightning round, Cramer argues that one retailer's stock is too low and worth buying. CNBC's Jim Cramer wants investors to have the guts to go against the grain when it comes to investing, especially when it comes to the oil sector.
Bank of America's mobile banking growth isn't all due to millennials, Chairman and CEO Brian Moynihan tells CNBC's Jim Cramer. Millennials aren't the defining factor in Bank of America's BAC mobile banking strength, which grew by 11 percent in the second quarter to 25.3 million active users, Chairman and CEO Brian Moynihan told CNBC on Monday. "Our mobile capabilities and core mobile banking go far beyond the millennials," Moynihan told " Mad Money " host Jim Cramer in an exclusive interview after earnings.
Jim Cramer sits down with Bank of America Chairman and CEO Brian Moynihan after earnings to crunch the numbers and hear what’s next for the financial giant.
Revenue rose in each of the bank's segments with the exception of global banking, where lower investment banking fees dragged revenue down 2 percent. During his near-decade long tenure, Chief Executive Brian Moynihan has focused on making the bank's sprawling operations more efficient. Banks have been broadly expected to report higher investment banking fees this year as lower U.S. corporate tax rates and a friendlier regulatory environment encourage deal making.
Bank of America Corp reported quarterly profit above analyst expectations on Monday as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a strengthening economy. Revenue rose in each of the bank's segments with the exception of global banking, where lower investment banking fees dragged revenue down 2 percent. During his near-decade long tenure, Chief Executive Brian Moynihan has focused on making the bank's sprawling operations more efficient.
Bank stocks rallied on Monday in the thick of big banks’ earnings reports, and one money manager sees bigger gains ahead.
The Financial Select Sector SPDR ETF (XLF) is rising today, helped by Bank of America's (BAC) second-quarter earnings, which comes on the heels of JPMorgan Chase's (JPM) report on Friday. BofA's earnings boost is a far cry from the reaction to bank earnings on Friday. Both Citigroup (C) and Wells Fargo (WFC) were lower on Friday following earnings, and even JPMorgan warned that competitive pressures were ramping up, as it followed them lower.
Big banks continue to be a profitable group despite being immensely disliked on Wall Street, CNBC's Jim Cramer says.