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Despite Tariff Turmoil, Bank Of America CEO Says Consumer Is 'Continuing To Spend' (UPDATED)
Summary
Bank of America reported strong Q1 earnings, with net income of $7.4B and EPS of $0.90, beating analyst estimates. Revenue and net interest income also increased. Stock has declined 17% this year, but may see relief due to US-China tariff pause.
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Read Full ArticleArticle published on April 15, 2025 by benzinga