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.
Citi has hired Rohan Sen from Bank of America to lead coverage of the technology services sector in its investment banking division. Sen, who spent 11 years at Bank of America as a managing director in technology investment banking, joins as part of ...
Bank of America has committed over $1 million in new funding to aid flood recovery in Central and South Texas, including $1 million to LiftFund to help small businesses stabilize and rebuild, and $50,000 to the American Red Cross for immediate commun...
Aspida Life, in partnership with Market Synergy Group and T. Rowe Price, introduced the T. Rowe Price U.S. Equity 15 Index to its Synergy Choice Fixed Index Annuity suite. This new index combines active equity management from T. Rowe Price with Bank ...
Berkshire Hathaway's shares reached their highest levels in eight months, with Class B shares closing at $512.37 and Class A shares at $768,010. The rally is partly driven by strong performance in key portfolio holdings like Apple, Coca-Cola, and Ban...
Bank of America has introduced the Customized Cash Rewards credit card, which offers 6% cash back in a category of your choice for the first year, 2% at grocery stores and wholesale clubs, and 1% on other purchases, all with no annual fee. Cardholder...
