by winston » Thu Jul 17, 2025 8:43 am
not vested
Bank of America puts up mixed results as net interest income misses analysts’ expectations.
Bank of America profit climbed about 3% from a year earlier to $7.12 billion, or 89 cents per share.
Revenue climbed about 4% to $26.61 billion, below analysts’ expectations.
CEO Brian Moynihan pointed to the larger trends at his bank, saying that it was the fourth consecutive quarter that NII rose amid rising deposits and loan growth.
Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"