4th-Quarter Profit More Than Doubles

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 Earnings: Fourth-Quarter Profit More Than Doubles
Bank of America's Wall Street businesses drove a surge in profit last quarter, in common with peers. Here are the highlights: BofA's profit more than doubled to $6.67 billion. That amounted to $0.82 a
Bank Of America Q4 Profit Soars, Results Top Estimates
Bank of America Corp. (BAC) reported Thursday that net income applicable to common shareholders for the fourth quarter soared to
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,
Bank Of America's fourth quarter profit soars
Bank of America reported Thursday that net income applicable to common shareholders for the fourth quarter soared to $6.4 billion from $2.84 billion in the prior-year quarter. The provision for credit losses was $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.

Profit Jumps, Powered by Stronger Dealmaking Revenue

China's Jinko Solar expects up to 98.9% fall in annual profit
China's Jinko Solar said on Friday it expects to record a 98.4% to 98.9% decrease in its full-year 2024 net income.
‘Profit Off of My Tragedy’: Donation Scams Compound Suffering for Fire Victims
Online fund-raisers with stories of loss and desperation have become a symbol of the Los Angeles wildfires’ destruction.
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Balancing People And Profit Margins
Meta CEO Mark Zuckerberg announced a shift away from incorporating diversity, equity, and inclusion strategies in hiring.
India's ICICI Lombard beats Q3 profit estimates on health, motor insurance boost
India's ICICI Lombard General Insurance beat third-quarter profit estimates on Friday, helped by higher premiums earned in ...
PNC Financial's Profit Rises on Interest Income Growth, Lower Rainy-Day Funds
(Reuters) - PNC Financial on Thursday reported a higher fourth-quarter profit as it earned more in interest payments and set ...
UnitedHealth tops profit forecasts but medical costs linger for health care giant
UnitedHealth posted a better-than-expected fourth-quarter profit, but a nagging rise in medical costs and care utilization ...
India's Axis Bank tumbles on profit miss, asset quality woes
By Ashna Teresa Britto and Siddhi Nayak (Reuters) -Shares of Axis Bank fell to a 14-month low on Friday, a day after the ...
BofA Profit Beats Expectations on Trading Boost, Sees Higher 2025 Interest Income
BofA's investment banking fees jumped 44% to $1.7 billion in the fourth quarter, compared with a year earlier. Across the ...