BREAKING: Bank of America reports Q2 2024 financial results. “Our team produced another strong quarter, serving a growing client base. The strength and earnings power of our leading Consumer Banking business is complemented by the growth and profitability of our Global Markets, Global Banking, and Wealth Management businesses.” – Brian Moynihan, Chair and Chief Executive Officer
Suzanne Rowell
2mo
Worst bank for cyber security. They will not protect your funds or personal information if your account is hacked by scammers. Spoken from experience. 30 year customer and my accounts were drained by 41 unauthorized Zelle withdrawals in one day. No red flags, didn't block or stop it from happening. I am out over $15k and was treated like acriminal from customer support. Find a better bank.
Peter Achacoso
2mo
Why is it nobody is returning my calls? Mr Singh hasn’t followed up with me since May…
Equities S&T looks good, more headcount please~! LOL
25% APR on CC balances maybe contributory at the expense of the struggling middle class?
Bank of America congrats, keep it up!
Bank of America Overall a spectacular pack if results: + Zero loss days in trading activities. + CET1 ratio above the upcoming regulatory requirements. - Net charge-offs increased
Shraddha C.
2mo
I have not seen a more reliable bank. I love BOA
Clive Wykes
2mo
lots of data, no information... For all we know this could be a SVB case...
Daniel Kaplan
2mo
With the comparison that the report shows from last year, this reveals stable deposits. This is a great example of how a firm weathers a turbulent economy. I imagine that the word complacency would never be part of the firm's vocabulary.
Financial center manager at Bank of America , Vice President
2moI am proud to be part of the Bank of America family. Keep striving for excellence team. # the power of every connection