Bank of America to report first-quarter earnings

Core Viewpoint - Bank of America is expected to report first-quarter earnings amid concerns over President Trump's tariff policies potentially leading to a recession, with the company's stock having fallen over 16% this year [1]. Group 1: Earnings Expectations - Analysts expect Bank of America to report earnings of 82 cents per share [3]. - The anticipated revenue for the quarter is $26.99 billion [3]. - The provision for loan losses is projected at $1.58 billion [3]. Group 2: Trading Revenue Insights - Bank of America is likely to have benefited from increased trading revenue, similar to its peers, due to market volatility [2]. - Fixed income trading revenue is expected to be $3.46 billion, while equities trading revenue is projected at $2.12 billion [3]. Group 3: Market Context - The recent decline in Bank of America's stock is attributed to broader market concerns regarding economic conditions influenced by tariff policies [1]. - Other major banks like JPMorgan Chase, Morgan Stanley, and Goldman Sachs have reported exceeding analysts' estimates in trading revenue, indicating a favorable trading environment [2].