CHARLOTTE, N.C., July 14, 2026 /PRNewswire/ -- Bank of America reported its second quarter 2026 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-ea…
Investors are gearing up for the second-quarter earnings season, with five of the six largest U.S. banks scheduled to report their earnings on Tuesday.JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC), Citigroup Inc. (C), Wells Fargo & Co. (WFC), and Goldman Sachs Group Inc. (GS) will be repo…
Bank of America (NYSE:BAC) faces a critical July 14 Q2 report—traders expect $1.13 EPS, ~$30.7–30.8B revenue, 2.07% NIM and 15.8% ROTCE—while Berkshire has pared its stake and UBS lifted its price target to $68, framing a pivotal earnings test for the stock.Previous Week Recap This is a…
For Immediate ReleaseChicago, IL – July 13, 2026 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes JPMorgan JPM, Wells Fargo WFC, Citigroup C and Bank of America BAC.Q2 Earnings Season Arrives: Can Results Match Upbeat Expectations?The Q2 earni…
America’s largest banks are scheduled to report quarterly earnings beginning Tuesday next week, on the back of strong consumer spending as inflation remains sticky.U.S. consumer spending in June showed its strongest growth since April 2022, with Bank of America reporting a 6.3% year-over-year incre…
According to Axios, new data from the Bank of America Institute suggest the wage-growth gap between lower- and middle-income workers has vanished, with after-tax wage growth for lower-income households estimated at 4.1% in June, up from 2.9% in May. That compares with 3.4% for middle-income househo…
Key pointsNEW YORK, July 9, 2026 /PRNewswire/ -- Merrill today announced that its Managed Account Advisors LLC (MAA) platform surpassed $1 trillion in assets, reflecting two decades of growth and innovation. Since its launch in 2006, MAA has transformed how advisors deliver personalized investment…
Fiserv NASDAQ:FISV rose 2.14% intraday after Reuters reported the payments technology company has held talks with JPMorgan NYSE:JPM, Bank of America NYSE:BAC, Wells Fargo NYSE:WFC, and PNC Financial Services NYSE:PNC about selling its STAR Network, the debit card infrastructure that routes transact…
By Shashwat Chauhan and Avinash PThe S&P 500 slipped and the Nasdaq dropped sharply on Tuesday, weighed by losses in chip stocks amid doubts over the durability of the AI-led rally despite robust Samsung earnings, while a report on China's DeepSeek making an AI chip also hit sentiment.Nvidia NASDA…
By Shashwat Chauhan and Avinash PNasdaq futures dropped on Tuesday following declines in chip stocks as investors reassessed the sustainability of the AI-driven rally despite strong results from Samsung, while SpaceX shares dipped ahead of their Nasdaq-100 debut.Elon Musk's SpaceX NASDAQ:SPCX was…
BAC (Bank of America Corporation) is set to announce its Q2'26 results on July 14, after the market closes. The earnings are expected to be disclosed at 6:45 AM ET (10:45 AM UTC).For Q2'26, revenue estimate is 30.59 billion USD with EPS (earnings per share) anticipated at 1.12 USD. Learn more detai…
BofA Securities expects cloud to remain "the largest and most visible monetization model" in China for enterprise AI services. Rising compute requirements for AI training and inference are likely to support the demand, its analysts say in a research note. A growing adoption of "Model as a Service"…
By Andrew BaryBank of America stock hit a record high Monday, part of a broad rally in bank stocks. But probably the biggest beneficiary was Berkshire Hathaway, the largest holder aside from two big index-fund investors.Bank of America shares rose 2% Monday to $59.90, but the stock has lagged behin…
(12:55 GMT) Bank of America Price Target Raised to $62.50/Share From $57.50 by JP Morgan
China's export growth likely stay resilient in June, according to BofA Securities in a research note. Higher prices in the tech supply chain continues to lift export values for products like electronic integrated circuits, they say. BofA expects export growth to pick up slightly to 20% on year in d…
Chinese economic growth likely slowed in 2Q, with BofA Securities pegging on-year expansion of 4.5%, compared with 5.0% growth in 1Q. Demand-side indicators have weakened meaningfully while production has remained relatively resilient, the economists say. Fixed-asset investment likely remained weak…
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>Here are the key points:Bank Earnings in Focus as Q2 Earnings Season Takes the…
RNS Number : 8613K Edinburgh Worldwide Inv Trust PLC 02 July 2026 TR-1: Standard form for notification of major holdings1. Issuer DetailsISINGB00BHSRZC82Issuer NameEDINBURGH WORLDWIDE INVESTMENT TRUST PLC (EWI)Legal Entity Identifier: 213800JUA8RKIDDLH380UK or Non-UK IssuerUK2. Reason for Notif…
A group of Senate Democrats requested on Wednesday that the Federal Reserve’s in-house watchdog investigate a meeting by the central bank’s top bank regulator and financial market participants held during a quiet period for Fed officials.Citing Fed Vice-Chair for Supervision Michelle Bowman’s atten…
Senator Elizabeth Warren, the leading Democrat on the Senate Banking Committee, on Wednesday urged the Federal Reserve's inspector general to examine whether Fed Vice Chair for Supervision Michelle Bowman breached the central bank's rules by delivering remarks at a private Bank of America NYSE:BAC…
