BofA profit beats expectations on trading boost, sees higher 2025 interest income
By Arasu Kannagi Basil and Saeed Azhar (Reuters) -Bank of America's profit beat expectations on Thursday as its traders ...
How to Pay Taxes on Investment Income
Calculating taxes on investments involves downloading tax forms from your broker and grasping various investment tax rates.
Wells Fargo Pins Decline in Net Interest Income on Lower Rates
Wells Fargo said fourth-quarter net interest income, a key metric for banks, fell 7% to $11.8 billion in the quarter from $12 ...
Big interest earnings from COVID grants were kept out of CT budget since 2021
The Treasurer’s Office did not properly move the interest earnings to CT’s General Fund until a few weeks ago, Lamont’s ...
BofA Investment Bankers Boost Earnings as Lending Income Rises
Bank of America Corp. posted fourth-quarter profit that topped analysts’ estimates as investment-banking fees hit the highest ...
Warren Buffett Is Set to Collect $4.5 Billion in Annual Dividend Income From 7 Magnificent Stocks
Despite Warren Buffett overseeing the sale of more than 266 million shares of Bank of America ( BAC -2.38%) stock since July ...
JPMorgan Chase's net interest income dips 3%
JPMorgan Chase said its fourth-quarter net interest income dropped by 3% of $23.35 billion. The consolidated bank's interest rate spread narrowed to 1.95% in the fourth quarter from 2.03% a year ...
BNY quarterly profit beats estimates on higher fee income boost; shares jump
BNY beat profit estimates for the fourth quarter on Wednesday as it earned higher investment services fees from its clients, ...