Bank of America Corporation (NYSE: BAC) reported first quarter 2023 earnings results today.
Revenue, net of interest expense, increased 13% year-over-year to $26.3 billion.
Net income rose 15% to $8.2 billion, or $0.94 per share, compared to last year.
Revenue and earnings both surpassed projections.
Average loan and lease balances were up 7% to $1 trillion, led by commercial loan growth and higher credit card balances.
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) ended fiscal 2023 on a positive note, delivering strong results for the fourth quarter. In the new fiscal year, the company’s focus will be
Shares of Signet Jewelers Limited (NYSE: SIG) were down over 2% on Friday. The stock has gained 40% year-to-date and 27% over the past three months. The jewelry retailer saw
eSignature service provider DocuSign, Inc. (NASDAQ: DOCU) reported higher revenues and better-than-expected adjusted earnings for the third quarter of 2024. The company also provided guidance for the fourth quarter and