Bank earnings, stock futures, oil prices: 3 Things

Bank of America (BAC) and Morgan Stanley (MS) both topped their first-quarter earnings estimates with the major bank stocks rising ahead of Tuesday's market open. US equity futures (^DJI, ^IXIC, ^GSPC) are ticking up in pre-market trading after all three of the market indices closed Monday lower. Oil prices (CL=F, BZ=F) slip as investors wait to see if Israel will retaliate against Iran after the latter coordinated an air assault against Israeli military bases on April 13. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

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  Wall Street surge lifts Morgan Stanley and new CEO Ted Pick

  Yahoo Finance
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  Bank of America, Morgan Stanley, and UnitedHealth report: Yahoo Finance

  Yahoo Finance Video

Bank of America profits drop as key lending revenue weakens

The results from the nation's second-largest lender offer the latest example of how even the biggest banks are increasingly challenged by high interest rates.

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  Big Bank earnings, March housing data: What to Watch

  Yahoo Finance Video
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  Jetsons-like travel in air taxis is 'as close as we've seen,' Joby's chief product officer says

  Yahoo Finance

Bank Of America Rebound Hinges On Today's Action; Morgan Stanley Surges On Earnings

Bank of America could be a buy or a sell on post-earnings action. Morgan Stanley reports first EPS gain in eight quarters.

Bank of America's Q1 profits fall 18% on higher expenses, charge-offs

Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. BofA had to make a one-time $700 million payment to the Federal Deposit Insurance Corp. to help the agency replenish the deposit insurance fund. Bank of America has been dealing with the effects of higher interest rates on its loan and investment portfolio for the past year.

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  Bank of America Earnings Drop, Under Pressure From Higher Rates

  The Wall Street Journal
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  Bank of America Posts Better-Than-Expected Adjusted Profit and Net Interest Income

  Barrons.com

ARHT Holograms Enhances AtkinsRéalis' Booth Experience at Passenger Terminal Expo 2024 in Germany

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT" or "the Company") (TSXV: ART), (OTCQB: ARHTF) the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, announces its collaboration with AtkinsRéalis to elevate the interactive experience at the Passenger Terminal Expo 2024, taking place from April 16-18 in Frankfurt, Germany. ARHT's cutting-edge hologram technology will be deployed at the AtkinsRéalis booth to c

Commerce Bancshares, Inc. (NASDAQ: CBSH) Announced That the Company’s 2024 Annual Meeting of Shareholders Will Be Held in a Virtual Meeting Format Only

ST. LOUIS, April 16, 2024--As publicly announced, the annual meeting will be held on Wednesday, April 17, 2024 at 9:30 a.m. Central Time. Shareholders as of the close of business on the record date of February 20, 2024, and their legal proxies and other interested parties may attend the virtual annual meeting at https://meetnow.global/MJU5XK6.

Bank of America Corp (BAC) Earnings: A Mixed Performance Against Analyst Estimates

Bank of America Corp (BAC) Reports Q1-24 Earnings, Net Income Falls Short While Revenue Aligns with Projections

AMERISERV FINANCIAL REPORTS EARNINGS FOR THE FIRST QUARTER OF 2024

AmeriServ Financial, Inc. (NASDAQ: ASRV) today reported first quarter 2024 net income of $1,904,000, or $0.11 per diluted common share. This earnings performance represented a $389,000, or 25.7%, increase over the first quarter of 2023 when net income totaled $1,515,000, or $0.09 per diluted common share. The following table details the Company's financial performance for the quarters ended March 31, 2024 and 2023:

Bank of America Earnings Drop, Under Pressure From Higher Rates

Bank of America reported a 18% drop in first-quarter profit, the latest big lender to feel the squeeze of higher interest rates. Here’s a rundown of BofA's results, out this morning: + Net income fell to $6.67 billion, or $0.76 a share, in line with analysts' expectations. + BofA took a special charge of $700 million to pay the Federal Deposit Insurance Corp. over last year’s bank failures, on top of the $2.1 billion charge it booked last quarter.

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  Bank of America Posts Better-Than-Expected Adjusted Profit and Net Interest Income

  Barrons.com
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  Bank of America's Q1 profits fall 18% on higher expenses, charge-offs

  Associated Press Finance

Bank of America (BAC) Beats Q1 Earnings and Revenue Estimates

Bank of America (BAC) delivered earnings and revenue surprises of 7.79% and 2.14%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

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  Is a Surprise Coming for Bank of America (BAC) This Earnings Season?

  Zacks
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  Johnson & Johnson (JNJ) Q1 Earnings Top Estimates

  Zacks