Top Searches
Advertisement

Profits in Play: Bank of America’s Trading Desk Delivers a Quarter to Watch

Updated: July 16, 2025 16:45

Image Source : The Wall Street Journal
Bank of America posted a solid secondquarter profit of $7.1 billion, or 89 cents per share, up from $6.9 billion a year earlier. The uptick was largely driven by strong trading activity amid volatile market conditions.
 
Key Highlights:
  • Sales and trading revenue jumped 15 percent to $5.4 billion, marking the 13th straight quarter of yearoveryear growth
  • Market turbulence, fueled by shifting U.S. trade policies and geopolitical tensions, boosted client activity across asset classes
  • Equities and fixed income desks saw heightened volumes, contributing to the revenue spike
Market Reaction:
  • Despite the earnings beat, Bank of America shares dipped 1.4 percent in premarket trading
  • Analysts noted cautious investor sentiment due to broader economic uncertainties
Outlook:
  • Continued volatility may sustain trading momentum
  • Focus remains on balancing trading gains with stable interest income and credit risk management
Sources: Reuters, Yahoo Finance, U.S. News, Business Post, Economic Times.

Advertisement

STORIES YOU MAY LIKE

Image Source: The Hans India
Cyber Fortified: Sattrix Joins Forces with Hitachi for Global Security Push
Image Source: www.bwhindi.com
Powering Up: Reliance Power Unveils ₹90,000 Crore Capital Drive
Image Source : Car And Bike
Six Airbags, Slightly Pricier—Maruti’s Baleno and Ertiga Enter Safer Territory
Advertisement
Image Source : IPO Central
Forging Ahead—AMIC Secures Rs 54.6 Million Order to Power Growth
Image Source : Crunchbase
Order Book Gets a Boost—TPI India Clinches Rs 137.7 Million Deal
Image Source : The Bonus
9–12 Months to Reboot—Neogen Chemicals Leverages Rs 300 Cr for Dahej Revival
Image Source : India Infoline
LTIMindtree Pulls the Plug on Syncordis UK—Is a Leaner Banking Practice Emerging?
Advertisement
Live Blogs
SBI Tags RCom Loan as Fraud, Puts Anil Ambani in RBI Crosshairs
Thrill-Seekers Assemble: APTDC Flooded with 130 Adventure Tourism Applications
Level Unlocked: Good Game Becomes World’s First As-Live Global Gaming Reality Show
From Devotion to Dynamite: Ganesh’s Mighty Avatar Steals the Show in Yours Sincerely, Raam
Top Stories
Image Source: Builders Friend
Power Play Unplugged: Waaree Backs Out of Kamath Deal
Image Source: Business Standard
Green Mandate: NLC India Gets Cabinet Boost for ₹7,000 Crore Renewable Push
Image Source: The Economic Times
Nazara Unplugs: Nodwin’s Capital Raise Triggers Strategic De-Subsidiarisation
Image Source: The Economic Times
Judicial Jolt: Supreme Court Overrules JSW Energy in Free Power Dispute
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine