$6.7 Billion Profit, $1.7 Billion In Investment Banking Fees

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.
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
U.S. banks posted robust fourth-quarter profits, buoyed by strong performance in capital markets despite weaker loan demand. Industry giants like JPMorgan Chase and Goldman Sachs typically dominate investment banking,
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,
Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
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.
Goldman Sachs beats profit estimates as investment banking, trading fuel bumper quarter
Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers ...
Bank Earnings Show Wall Street Is Back in the Driver's Seat—For Now
Follow live coverage and analysis of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, ...
Truist Financial scores Q4 earnings beat on strong NII, investment banking and trading income
Truist Financial (NYSE:TFC) stock gained 3.0% in Friday premarket trading after the bank issued strong Q1 2025 guidance and ...
BofA Investment Bankers Boost Earnings as Loan Income Rises
Bank of America Corp. posted fourth-quarter profit that topped analysts’ estimates as investment-banking fees hit the highest ...
Goldman Investment Banking Fees Jump 24%
Goldman Sachs drove $7.73 billion of investment banking revenue in 2024, up 24% from a year earlier, thanks to significantly ...
Citigroup boosts dealmaker bonuses by 10% amid investment banking rebound - report
Earlier this month, Bloomberg News reported that banks were set to boost annual bonuses by 10% or more. Deutsche Bank ( DB) also is planning a 10% increase in bonuses, while Goldman Sachs ( GS) was ...
Bank CEOs expect Trump bump to business as profits surge
Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.
Bank of America Beats Forecasts in Q4
Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.
European Investment Bank to boost funds for Bangladesh as it weathers political turmoil
A senior official of the European Investment Bank says the regional lending agency is keen to double its funding for ...
Barclays Names Colizzi as Global Chair of Investment Banking
Barclays Plc has appointed veteran banker Pier Luigi Colizzi as global chairman of investment banking, according to people ...