The bank, like its competitors, says it expects to benefit from lower tax rates going forward.

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Topics:  bank   tax   
BING NEWS:
  • Bank of America (NYSE: BAC)
    Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer ...
    05/3/2024 - 5:00 am | View Link
  • Bank of America CD rates: May 2024
    Many Bank of America’s CD terms offer unimpressive rates, with an annual percentage yield (APY) as low as 0.03%. The bank’s best offerings, the Bank of America Featured CDs, do offer better ...
    05/2/2024 - 1:00 pm | View Link
  • Bank of America profits plunge 18% due to rise in customer credit card delinquencies
    Bank of America shares fell more than 3 percent Tuesday. The bank's fall in profit included a one ... to $10 billion in the quarter, primarily due to lower deposit balances.
    04/16/2024 - 9:59 am | View Link
  • Bank of America's Q1 profits fall 18% on higher expenses, charge-offs
    NEW YORK (AP) — Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts' estimates.
    04/16/2024 - 2:47 am | View Link
  • How Bank of America Makes Money
    Bank of America gets most of its revenue from consumer ... 98.6 billion and net income of $26.5 billion. Success in 2023 was due to growth across the company's offerings, higher interest rates ...
    02/16/2023 - 7:06 pm | View Link
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