Bank of America Corp reported better-than-expected fourth-quarter profit as higher interest income and loan growth eclipsed declines in revenue from investment banking and bond trading, sending its shares up 3 percent.

BING NEWS:
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    Coty expects fiscal 2024 core sales to be at the high end of the 9% to 11% growth it previously forecast. It also sees annual adjusted per-share profit at the high end of its prior expectation of 44 ...
    05/6/2024 - 9:32 am | View Link
  • Intesa Profit Seen Near Peak Fails to Impress Investors
    Net income in the three first months of the year rose 18% to €2.3 billion. Revenue gained 11% on higher fees and income from lending, the bank said in a statement on Friday, confirming its profit and ...
    05/2/2024 - 11:46 pm | View Link
  • AIG Beats Profit Estimates on Underwriting Strength
    AIG's general insurance accident year combined ratio was 88.4%, compared with 88.7%, a year earlier. The metric excludes catastrophe losses and a ratio below 100 signifies that the insurer earns more ...
    05/1/2024 - 9:18 am | View Link
  • ICICI Bank beats Q4 profit estimates on strong loan growth, but margin shrinks
    ICICI Bank , India's second-largest private lender, reported a better-than-expected 17.4% increase in fourth-quarter net profit on Saturday, helped by robust loan growth even as its lending margin ...
    04/27/2024 - 12:42 am | View Link
  • India's Axis Bank beats Q4 profit estimates on strong loan, NII growth
    India's Axis Bank reported fourth-quarter profit above estimates on Wednesday, helped by strong loan growth and higher lending income.
    04/24/2024 - 1:23 am | View Link
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