Bank of America hauls in biggest profit ever [CNNMoney.com]
Stifel Financial Corporation (SF)
Last stifel financial corporation earnings: 7/30 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
stifel.com/investor-relations
Company Research
Source: CNNMoney.com
Bank of America hauls in biggest profit everBank of America is minting money thanks to tax cuts, turbulent markets and the stronger economy.America's second-largest bank hauled in $6.9 billion in profit during the first three months of 2018. That's the biggest quarterly profit in Bank of America's history, taking out the previous record set in 2011.The blockbuster earnings are at least partly because of President Trump's corporate tax cuts.Bank of America (BAC) paid Uncle Sam $1.5 billion in income tax, down 26% from last year, even though overall profit soared 30%.The bank said the tax law lowered its effective tax rate by 9 percentage points. The new corporate tax rate is 21%, down from 35%.Without the gift of the tax law, Bank of America's results would have been less stellar. Pretax income rose a more modest 15%, while revenues ticked up just 4%.Like other Wall Street firms, Bank of America benefited from the recent market mayhem. Clients rushed to execute buy and sell trading or
Show less
Read more
Impact Snapshot
Event Time:
SF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SF alerts
High impacting Stifel Financial Corporation news events
Weekly update
A roundup of the hottest topics
SF
News
- Inflation data could force Fed's hand on rate hikes: Economist [Yahoo! Finance]Yahoo! Finance
- New inflation reading reinforces Fed's higher-for-longer stance [Yahoo! Finance]Yahoo! Finance
- Transaction in Own Shares [Yahoo! Finance]Yahoo! Finance
- Stifel Financial Corp. (NYSE:SF) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery [MSNBC.com]MSNBC.com
SF
Earnings
- 4/24/24 - Miss
SF
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form ARS
- SF's page on the SEC website