{"id":23556,"date":"2025-04-16T02:08:08","date_gmt":"2025-04-16T02:08:08","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/23556\/"},"modified":"2025-04-16T02:08:08","modified_gmt":"2025-04-16T02:08:08","slug":"bank-of-america-registers-12-y-y-increase-in-global-markets-revenue-in-q1-2025","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/23556\/","title":{"rendered":"Bank of America registers 12% Y\/Y increase in Global Markets revenue in Q1 2025"},"content":{"rendered":"

Bank of America has just posted its financial report for the first quarter of 2025, with the Global Markets segment delivering solid results.<\/p>\n

The Global Markets segment registered net income of $1.9 billion in the first three months of 2025.<\/p>\n

Global Markets revenue amounted to $6.6 billion, up 12% from the year-ago quarter<\/a>. The strong revenue result was supported primarily by higher sales and trading revenue and gains related to leveraged finance positions.<\/p>\n

Global Markets sales and trading revenue of $5.7 billion increased 11%, whereas FICC revenue increased 8% to $3.5 billion, driven by strong trading performance in macro products and continued strength in credit products.<\/p>\n

Record Equities revenue of $2.2 billion increased 17%, driven by improved trading performance and increased client activity.<\/p>\n

Across all segments, Bank of America reported net income of $7.4 billion, or $0.90 per diluted share, compared to $6.7 billion, or $0.76 per diluted share a year ago.<\/p>\n

Revenue, net of interest expense, of $27.4 billion, was up 6%, driven by noninterest income growth across all segments and higher net interest income (NII).<\/p>\n

\"\"<\/p>\n

Chair and CEO Brian Moynihan commented:<\/p>\n

\n

\u201cWe had a good first quarter, with earnings per share of $0.90 up from $0.76 last year. This reflected growth in net interest income and fee income, while sales and trading delivered its 12th consecutive quarter of year-over-year revenue growth. Our business clients have been performing well; and consumers have shown resilience, continuing to spend and maintaining healthy credit quality. Though we potentially face a changing economy in the future, we believe the disciplined investments we have made for high-quality growth, our diverse set of businesses, and the team\u2019s relentless focus on Responsible Growth will remain a source of strength.\u201d<\/p>\n<\/blockquote>\n

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