Tag Archives: Bank of America

Weekly data on fund flows from Bank of America showed that equity funds attracted their third-largest inflows ever at $46.2 billion in the week ending on Wednesday, led by flows into technology stocks and financial companies. Bank of America concluded that bond funds attracted $7.1 billion in inflows for the …

Data for the weekly flows of Bank of America showed that investor money continued to flow at unprecedented levels on stocks last week in light of the retail trading fever, which saw GameStop shares rise more than 2500% since the beginning of the year so far for some time. In …

Bank of America reported a profit of 59 cents, compared to expectations of 55 cents, according to Refinitiv estimates. Quarterly revenues decreased by 10% to $ 20.2 billion compared to the same quarter of the previous year, which fell below expectations of $ 500 million. The following are the bank’s …

Weekly statistics on fund flows from Bank of America revealed that investors bought shares of financial companies and the energy sector last week, to initiate allocations in centres before US President-elect Joe Biden announced a stimulus package of $ 1.9 trillion. The US investment bank said, based on EPFR data, …

Bank of America (BoA) and Goldman Sachs (GS) both announce third-quarter earnings that beat estimates. Bank of America announced net income of $ 4.9 billion, or 0.51 per share (EPS), with consensus estimates at 0.49 Cents. In the same quarter last year, revenues were at $ 5.8 billion and $ …