Profits plummeted Bank of Americaby 12 in the first quarter in the first quarterly decline since 2020.
The bank’s profits exceeded $7 billion in the first quarter, compared to $8 billion in the same period a year earlier.
These earnings came in higher than the average forecast of analysts.
The bank recorded an increase in consumer banking income by 9%, while net interest income rose by about $1.4 billion thanks to the strong growth in deposits and loans.
Related posts:
The life of the 40-year-old Tricastin reactor 1 officially extended by ten years
How legaltech Angelaw grows under the sun of French Tech Toulon
The Growing Video Surveillance Market: Opportunities and Challenges for Security and Privacy
Signa: Office furnishings from the company's Vienna headquarters are being auctioned off
"Real Estate Asset Price Index Report: Q1-2023 Analysis and Trends"
The importance of training for employees elected to the Social Economic Committee
Tesla German Factory Production Target Lowered to 4,350 Cars per Week: Business Insider Report
New land policies take effect from 2025