{"id":88806,"date":"2024-07-17T01:18:08","date_gmt":"2024-07-17T05:18:08","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88806"},"modified":"2024-07-17T01:08:56","modified_gmt":"2024-07-17T05:08:56","slug":"bank-of-america-shares-jump-5-after-saying-net-interest-income-rebound-is-coming","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2024\/bank-of-america-shares-jump-5-after-saying-net-interest-income-rebound-is-coming.html","title":{"rendered":"Bank of America shares jump 5% after saying net interest income rebound is coming"},"content":{"rendered":"\n<p>(CNBC) Bank of America said profit slipped 6.9% from the year earlier period to $6.9 billion, or 83 cents a share, as the company\u2019s net interest income declined amid higher interest rates. Revenue climbed less than 1% to $25.54 billion.mThe firm was helped by a 29% increase in investment banking fees to $1.56 billion, edging out the $1.51 billion Street Account estimate. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/07\/16\/bank-of-america-bac-earnings-q2-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Bank of America said profit slipped 6.9% from the year earlier period to $6.9 billion, or 83 cents a share, as the company\u2019s net interest income declined amid higher interest rates. Revenue climbed less than 1% to $25.54 billion.mThe [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88806","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88806"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88806\/revisions"}],"predecessor-version":[{"id":88808,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88806\/revisions\/88808"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}