ETFs to Play [Yahoo! Finance]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
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US:NYSE Investor Relations:
investor.bankofamerica.com
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Source: Yahoo! Finance
This marks an acceleration from 3.0% growth in the second quarter, despite high interest rates. Consumer Spending Leads the Charge Consumer spending, which makes up about two-thirds of U.S. economic activity, grew at a robust 3.7% annual rate in the third quarter. This was an improvement from the previous estimate of 3.5% and the fastest pace since the first quarter of 2023. Notable Gains in Exports and Equipment Investment Exports jumped 9.6%, contributing significantly to growth. Business investment saw a modest 0.8% increase overall though investment in equipment rose sharply by 10.8%. Federal government spending jumped by 8.9%, including a noteworthy 13.9% rise in defense expenditures. Inflation Trends Show Improvement The Federal Reserve's preferred inflation gauge, the personal consumption expenditures (PCE) index, rose at a modest 1.5% annual rate in Q3, down from 2.5% in the previous quarter. Core PCE inflation, which bars food and energy prices, increased by 2.2%,
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BAC
News
- The market's top stocks need to keep winning to hold back a 'stealth correction,' Bank of America says [Yahoo! Finance]Yahoo! Finance
- $870M in Zelle fraud losses sparks suit against 3… [USA TODAY]USA TODAY
- Feds sue Bank of America, Wells Fargo for failing to stop ‘widespread' Zelle fraud [Yahoo! Finance]Yahoo! Finance
- The 10 Highest-Paying Jobs That Don’t Require A College Degree [Forbes]Forbes
- Powell's Battle-Ready Fed Gives the Trump Trade a Stress Test [Yahoo! Finance Canada]Yahoo! Finance Canada
BAC
Earnings
- 10/15/24 - Beat
BAC
Sec Filings
- 12/20/24 - Form 424B2
- 12/20/24 - Form 424B2
- 12/20/24 - Form 424B2
- BAC's page on the SEC website