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2025
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Earnings
January 17, 2025

Bank of America tops estimates on better-than-expected investment banking, interest income

  Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income. Here's what the company reported: Earnings: 82 cents vs. 77 cents expected, according to LSEG Revenue: $25.5 billion vs. $25.19 billion expected The company said fourth-quarter profit more than...

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Finance
January 17, 2025

Capital One acknowledges ‘outage’ as users report issues accessing deposits

  Getty Images Capital One said an unspecified technical issue was hampering customer account access Thursday, as some users reported issues with direct deposits. In response to complaints on social media platform X, a Capital One representative said the bank was experiencing a "tech outage" that was affecting "a variety of...

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  • Bank of America tops analysts’ estimates on better-than-expected interest income, trading
  • Auto stocks rise as Trump says he wants to ‘help’ some car companies
  • Op-ed: NYSE systems are working normally, handling record volume more efficiently than during Covid crash, president says

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