Bank of America Newsroom
WEBThe Bank of America newsroom provides the latest news, quarterly financial results, executive biographies and journalist resources so you can stay informed and up to date.
BofA to Open Financial Centers in 9 New Markets by 2026
WEBJun 27, 2023 · Bank of America today announced it will expand its financial center network into nine new markets over the next four years, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities.
Bank of America Reports Profit Jump on Higher Interest Rates
WEBJul 18, 2023 · Bank of America reported a profit of $7.4 billion last quarter, up nearly 20 percent from the year before. Revenue grew more than 10 percent, to $25.2 billion in the second quarter.
Bank of America Revamps Leadership, but C.E.O. Plans to Stick …
WEBSep 10, 2021 · Bank of America made sweeping changes to the company’s leadership Friday that elevated several executives, including three women, to senior jobs and all but guaranteed that Brian Moynihan,...
Bank of America announces new CFO, technology & legal heads
WEBSep 10, 2021 · D. Steve Boland has been named chief administrative officer, succeeding Andrea Smith, who is retiring after 34 years at the bank. The five new management team members are Bhasin, Scrivener,...
BofA Unifies Mobile Apps for Banking, Investing, and Retirement …
WEBMar 21, 2024 · The Bank of America mobile app is one of the first in the industry to combine banking, investing and retirement within one simplified mobile experience. Additional features of the reimagined...
Bank of America Earnings Beat Forecasts With 10% Rise in Profit
WEBOct 17, 2023 · Bank of America reported its third-quarter earnings. Shares edged higher in morning trading, up about 0.4%. The company earned $7.8 billion, up 10% from $7.1 billion a year earlier.
BofA profit beats estimates on interest income, decade high …
WEBOct 17 (Reuters) - Bank of America's (BAC.N) third-quarter profits beat Wall Street estimates as it joined other big lenders in earning more on loan interest payments, while also...
Bank of America Mobilized and Deployed $250 Billion in …
WEBApr 4, 2022 · As part of Bank of America's $1.5 trillion by 2030 sustainable finance goal announced last April, the company has made tremendous progress towards mobilizing and scaling capital deployment...
BofA profit beats estimates as it cashes in on higher rates, bond ...
WEBApr 18, 2023 · Bank of America, the second-largest U.S. lender, reported a profit of 94 cents in the three months ended March 31, compared with estimates of 82 cents per share, according to Refinitiv IBES data.
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