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

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.
Truist Beats Quarterly Profit Estimates on Investment Banking Gains
Net interest margin, which measures lending profitability, expanded to 3.07%, compared with 2.95% a year earlier. Truist's quarterly adjusted net income available to common shareholders was $1.21 billion, or 91 cents per share, surpassing estimates of $1.18 billion, or 88 cents, according to estimates compiled by LSEG.
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,
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.
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, ...
Citigroup boosts dealmaker bonuses by 10% amid investment banking rebound - report
Citigroup (NYSE:C) increased its 2024 bonuses for its investment bankers by ~10% as Wall Street banks share more of the ...
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 ...
Bank of America tops estimates on better-than-expected investment banking, interest income
Bank of America is expected to benefit from a boost in investment banking and trading activity in the fourth quarter. Last ...
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 ...
Goldman Sachs Profit Surges as Investment Banking, Trading Fuel Bumper Quarter
(Reuters) -Goldman Sachs posted its best profit since the third quarter of 2021,driven by bankers who brought in more fees ...
Better Warren Buffett Stock: Citigroup vs. Bank of America
Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio.
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 ...