Strong Net Interest Income and Trading Volatility Drive BofA’s Q4 Earnings Win
Bank of America surpassed expectations, reporting a profit of $7.6 billion. High interest and trading helped, and the CEO remains optimistic.
Bank of America surpassed expectations, reporting a profit of $7.6 billion. High interest and trading helped, and the CEO remains optimistic.
Wells Fargo’s Q4 2025 earnings fell short of analyst expectations due to $612M in severance expenses and lower net interest income.
JPMorgan Chase (JPM) reports Q4 2025 earnings with unexpected investment banking fee decline and $2.2B Apple Card charge, though trading revenue beats expectations.
Bakkt agrees to acquire Distributed Technologies Research in $150M stock deal. Clear Street analyst rates it a Buy with $39 target as stablecoin business expands.
Financial stocks plunge as Trump proposes 10% credit card interest rate cap. Banks and card issuers face potential profitability concerns under new affordability measure.
Applied Digital (APLD) reports Q2 2026 earnings that exceed analyst estimates, driven by AI data center expansion and major hyperscaler partnerships.