Bank of America reported a strong 34.4% year-over-year growth in Q2 2026 earnings per share (EPS) to $1.22, driven by record net interest income and a 33% rise in trading revenue. UBS raised its price target for the stock to $70 from $68, implying a potential 13% upside from the current price of $61.95. The bank also increased its dividend by 14%, and Goldman Sachs included it in its August Conviction List, signaling strong confidence in the bank's financial health and growth prospects.
Bank of America is under investigation after the U.S. Treasury Department fined the bank approximately $1.21 billion for failing to comply with anti-money laundering regulations and U.S. sanctions. Regulators found the bank neglected to properly inve...
In the 91st week of President Trump's second term, Congress voted unanimously (420-0) to publicly release taxpayer-funded sexual misconduct settlement records. The Trump administration also reported significant actions including dismantling millions ...
Bank of America is under investigation following a $1.21 billion penalty for anti-money laundering failures and sanctions violations, which caused its stock to drop 4.7%. The Rosen Law Firm is preparing a class action lawsuit for shareholders who may...
Bank of America Corporation announced that its Board of Directors has authorized regular cash dividends for several series of its preferred stock. The dividends vary by series, with payment dates ranging from mid-November to late December 2026. This ...
Bank of America was hit with $1.21 billion in penalties by the U.S. Treasury for failing to comply with anti-money laundering laws and U.S. sanctions, as reported on October 13, 2026. The bank allegedly ignored trillions in suspicious transactions de...
