金色财经|Apr 15, 2026 16:59
[Bank of America Stock Trading Revenue Hits Record High, Boosted by Market Volatility]
According to a report by Jinse Finance, on April 16, Bank of America's stock trading division set a record as heightened market volatility drove the bank's profits to their highest level in nearly two decades. In a statement released on Wednesday, the company said first-quarter stock trading revenue rose 30% to $2.8 billion, exceeding expectations, while fixed-income trading revenue grew by less than 1% to $3.5 billion, falling short of analysts' consensus estimates. The bank also raised its full-year net interest income forecast, citing a shift in expectations regarding Federal Reserve rate cuts, while assuming continued growth in loans and deposits.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink