#bank-of-america

#bank-of-america

Shares of Bank of America (NYSE: BAC) gained 4.03% over the past month after gaining 2.33% the month prior. That brings the stock's year-to-date gain to 13.29%. Since hitting its 2025 low on April 4, BAC is up 45.86%. When the company reported Q2 earnings earlier in July, it announced mixed results with EPS of 89 cents versus analysts' expectations of 86 cents, and revenues of $26.61 billion versus expectations of $26.72 billion.

Bank of America is implementing a policy requiring junior bankers to disclose future job offers, addressing conflict-of-interest concerns while considering young bankers' ambitions.

Brian Moynihan emphasized the challenges banks face due to regulatory frameworks, asserting the need for clarity in rules to avoid constant shifts in compliance.

Bank of America shares gained 2.33% over the past month, resulting in a 15.02% year-to-date gain, and have increased nearly 40% since April's low.

I testified in Congress before I was CEO… the head of a House investigation committee told me 'there's no way you should be CEO of this company.' Flash forward a few years and that person was 'a good colleague' on other issues. I don't hold grudges.

Many banks will reduce your credit line, or even close your card entirely, if the card is dormant.