Bank of America profit jumps 10%, but CEO Moynihan warns of ‘a changing economy’

Fueled by growing deposits and a boost in sales and trading revenue, Bank of America’s first-quarter profit blows past Wall Street analyst estimates.

Apr 15, 2025 - 13:11
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Bank of America profit jumps 10%, but CEO Moynihan warns of ‘a changing economy’
Fueled by growing deposits and a boost in sales and trading revenue, Bank of America’s first-quarter profit blows past Wall Street analyst estimates.