Bank of America is set to release its first-quarter earnings before the market opens on Tuesday. Wall Street anticipates the results amid concerns that President Trump's tariff policies could trigger a recession, contributing to a more than 16% drop in the company's stock this year through Monday. However, mirroring trends observed with JPMorgan Chase, Morgan Stanley, and Goldman Sachs, Bank of America is expected to have experienced a surge in trading revenue during the quarter. Consumer credit and wealth management are also projected to have remained stable throughout the period.
Bank of America's Q1 Earnings Anticipated Amid Tariff Policy Concerns and Trading Revenue Boost Expectations
Edited by: Elena Weismann
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