$6.7 Billion Profit, $1.7 Billion In Investment Banking Fees

Truist beats quarterly profit estimates on investment banking gains
Truist Financial on Friday exceeded Wall Street estimates for fourth-quarter profit, helped by stronger investment banking and trading activity as capital markets strengthened.
Bank of America profit jumps on investment banking
Bank of America has today reported higher profit as its investment bankers capitalised on resurgence in dealmaking in the fourth quarter while the lender predicted it would earn more interest income in 2025.
Bank of America Beats Forecasts in Q4
Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.
Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
U.S. banks posted robust fourth-quarter profits, buoyed by strong performance in capital markets despite weaker loan demand. Industry giants like JPMorgan Chase and Goldman Sachs typically dominate investment banking,
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,
Morgan Stanley profit jumps on recovery in investment banking
Morgan Stanley's profit increased in the fourth quarter, fueled by a wave of dealmaking. The investment bank's earnings grew to $3.7 billion, or $2.22 per share, it said on Thursday, compared with $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.
Citigroup boosts dealmaker bonuses by 10% amid investment banking rebound - report
Citigroup (NYSE:C) increased its 2024 bonuses for its investment bankers by ~10% as Wall Street banks share more of the ...
Bank Earnings Show Wall Street Is Back in the Driver's Seat—For Now
Follow live coverage and analysis of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, ...
BofA Investment Bankers Boost Earnings as Loan Income Rises
Bank of America Corp. posted fourth-quarter profit that topped analysts’ estimates as investment-banking fees hit the highest ...
JPMorgan Chase Q4 earnings beat as investment banking rebounds, NII holds up
JPMorgan Chase reported stronger-than-expected Q4 earnings, with net interest income staying flat and investment banking ...
Better Warren Buffett Stock: Citigroup vs. Bank of America
Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio.
Bank of America sees investment banking rebound continuing in 2025
EST Bank of America (BAC) sees investment banking rebound continuing in 2025Stay Ahead of the Market:Discover outperforming stocks and ...
Bank CEOs expect Trump bump to business as profits surge
Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.