Angie Newman, UBS Global Wealth Manegement manager, discusses the market’s reaction amid commercial tensions and provides advice to clients and investors.
Bank of America The estimates of the first quarter profit were topped with the growth of interest revenues and the volatile markets helped stock traders at a record distance.
While the markets were wandering around the tariff policies in US President Donald Trump, Bofa achieved 9 % higher trading revenues, reflecting the trends seen at competitors.
“Although we are likely to face a changing economy in the future, we believe that the disciplined investments that we have made for high quality growth, our variety of businesses and the unavoidable focus on responsible growth will remain a source of power,” CEO, Brian Mounehan, said in a statement.
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The Chairman of the Board of Directors and CEO of Bank of America, Brian Moinhan speaks during “Morning with Maria” in Fox Business Nitz Studios. (Photo by John Lambarsky / Getty Emoxz / Getty Pictures)
The stock trade jumped by 17 % to $ 2.2 billion, while fixed income, currencies and commodities jumped by 5 % to $ 3.5 billion.
index | protection | last | Changing | % Change |
---|---|---|---|---|
Pile | Bank of America. | 36.67 | +0.72 |
+2.00 % |
“These results were driven before The economy grows at a moderate pace Alison Portoic, financial manager Alison Portoic, said in a call with reporters that the customer relates to commercial policy and the disturbance of the last market.
“However, our research team at this stage does not think we will see stagnation and our customers continue to show encouraging signs. It is clear that employment is healthy and consumers have proven flexibility.”
JPMorgan Chase and Goldman Sachs also informed the most powerful performance of their business.
Goldman Sachs profit jumps with gains for merchants

Jpmorgan Chase CEO Jimmy Damon. (Al Drao / Bloomberg via Getty Images / Getty Images)
index | protection | last | Changing | % Change |
---|---|---|---|---|
Jpm | Jpmorgan Chase & Co. | 234.72 | -1.41 |
-0.60 % |
GS | Goldman Sachs group. | 503.98 | +9.54 |
+1.93 % |
“As we have seen with other banks, the trading results were the star of the show,” said Stephen Beagjar, an Argus Research.
“However, the collapse of the M&A deals (integration and acquisitions) and the volume of public subscription deals (first public offers) can calm the recovery 2025 if the introductory disorders are not resolved soon.”
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Bofa profits She said on Tuesday that 7.4 billion dollars or 90 cents per share, in the quarter ending on March 31. This compares 6.7 billion dollars, or 76 cents per share, a year ago.
Analysts expected a profit of 82 cents per share, according to estimates collected by LSEG.

Bofa’s profits amounted to $ 7.4 billion, or 90 cents per share, in the quarter ended on March 31. (Smith Collection/GADO/Getty Images/Getty Images)
Maintains NII expectations
The second largest net benefits revenue for lenders in the United States (NII) – the difference between what he gains on loans and pays deposits – grew by 3 % to $ 14.4 billion, partially supported by reducing deposit costs.
It maintained NII expectations of $ 15.5 billion to $ 15.7 billion for the fourth quarter. The discounts in the rate of benefits last year helped to improve feelings between borrowers, as it benefited from banks such as Bofa, which expected net revenue of standard benefits in 2025 before Trump revealed the new definitions.
The shares increased by 1.6 % to $ 37.25 before the bell. They have decreased by 12.4 % since the customs tariff was unveiled earlier this month.
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The concerns raised by the definitions of investment banking worldwide raised the world, prompting the deals who were one day up to Trump’s policies to adopt the waiting and watching approach.
BOFA investment fees for BOFA decreased by 3 % to $ 1.5 billion in the first quarter. In the first three months of 2025, American integration and purchase activity 13 % decreased, according to DEALOGIC data.
The provisions of credit losses amounted to $ 1.5 billion, higher than $ 1.3 billion than the previous year.
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