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Posted by
Two Blokes Apr 21 -
Filed in
Stock
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5 views
Bank of America exceeded profit expectations in 1Q25, driven by higher net interest income and strong equities trading results, with a positive forecast for 2025. The bank's asset quality remains robust, with decreasing net charge-offs, indicating no heightened recession risk, and a favorable lending environment. Despite market volatility and tariff impacts, Bank of America's valuation multiple contracted, presenting a compelling buying opportunity at a slight premium to book value.
