Bank of America Corp’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 13.57% and a profit margin of 11.22%, with a gross margin of 17.37%.
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The second-largest US bank by total assets says it's preparing for significant losses due to ongoing regulatory issues.
Bank of America's potential net interest income trough opens an opportunity for top-line growth even though Warren Buffett ...
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American Express has enjoyed several years of accelerated growth as the company's payment volume benefited from a recovery in travel and entertainment spending while growing momentum with younger ...
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Our financial institutions remain a wonderful source of recurrent income because they ... JPMorgan Chase reported a 31% YoY ...
The megabank disclosed that regulators are looking at its anti-money-laundering and sanctions compliance. Wells Fargo was recently hit with an enforcement action over similar matters.
The bank's total revenue for the quarter was Rs 9,225.45 crore, which represents a 15.6 per cent increase over the Rs 7,980.61 crore reported for the same period in the prior fiscal year.