The Motley Fool

JULY 26, 2024

In this podcast, Motley Fool contributor Matt Frankel and host Ricky Mulvey discuss: Bank of America 's comeback story. Should you invest $1,000 in Bank of America right now? Ricky Mulvey: The banks are back, and you're listening to Motley Fool Money. He keeps an eye on the banks, and Matt, it's good to see you.

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The Motley Fool

APRIL 16, 2024

They can happen with bank accounts, too. Featured offer: save money while you pay off debt with one of these top-rated balance transfer credit cards Notify your bank immediately The sooner you alert your bank of the situation, the better the outcome will be for you. Check with your bank to find out if this is an option.

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Banks Accounting Financial Institutions Debt 246

The Motley Fool

JULY 26, 2024

Capital One Financial (NYSE: COF) is an interesting bank stock right now. bank creates some interesting possibilities for the future. bank creates some interesting possibilities for the future. banks produce. The net charge-off rate has ticked up slightly but is still well covered by the bank's loan-loss reserves.

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The Motley Fool

JUNE 20, 2024

Image source: Getty Images Imagine if you went to the bank a few times over the course of a few days or weeks and you made a few deposits -- and then found out you were under federal investigation because of it. It could happen, though -- and it's all because of a law called the Banking Secrecy Act.

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Banks Accounting Legal Assets 244

The Motley Fool

JULY 2, 2024

Image source: Getty Images There are some good reasons why people don't switch banks often. But while there can be a few hurdles to jump over when switching banks, there are plenty of good reasons why now could be an excellent time to make the move. But not for all banks. But many in-person banks score far below.

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Banks Accounting Returns 130

The Motley Fool

MAY 16, 2024

Warren Buffett is a big fan of bank stocks. One bank is a deep value play, while the other offers compelling long-term growth potential. This bank stock is trading at a deep discount Bank stocks can see their valuations fluctuate wildly during various economic ups and downs. over the decades.

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Banks Stakes Assets Returns 246

The Motley Fool

MAY 20, 2024

I own shares of Toronto-Dominion Bank (NYSE: TD) and Bank of Nova Scotia (NYSE: BNS) , so I'm fond of both companies. However, TD Bank is facing a unique regulatory headwind that might bother more conservative investors. If you are considering investing in TD Bank, you might actually prefer Scotiabank. But in 2023, U.S.

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Banks Returns Investors Portfolios 130

The Motley Fool

FEBRUARY 11, 2024

In recent weeks, bank stocks have been on a tear. That should help banks underwrite more loans at more affordable interest rates. The recent rally pushed up valuations quickly, but a few bargains remain, like Citigroup (NYSE: C) and HDFC Bank (NYSE: HDB) , which trade at deep discounts to their peers. billion people.

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The Motley Fool

JULY 21, 2024

Image source: Getty Images When you put money in a bank account, you expect to be able to take that money out with no problems. But if you have a big expense coming up and plan to withdraw $10,000 or more from your bank account, you should know that things may not be as simple as they seem. Even if it's over the $10,000 threshold.

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Banks Financial Institutions Legal Accounting 130

The Motley Fool

JULY 20, 2024

Shares of Bank of America (NYSE: BAC) surged following the release of its latest quarterly earnings. The positive headlines are encouraging, but are they enough to keep the rally in Bank of America stock going? The positive headlines are encouraging, but are they enough to keep the rally in Bank of America stock going?

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Banks Mergers and Acquisitions Assets Investment Banking 130

The Motley Fool

JULY 20, 2024

Image source: Getty Images Banks fail. You may think that the biggest bank failures are long behind us. But that's not true -- the largest bank failure in history happened in 2008, when Washington Mutual collapsed during the 2008 Financial Crisis. The second, third, and fourth-biggest bank failures happened in 2023.

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Financial Institutions Banks Legal Stakes 130

The Motley Fool

MAY 16, 2024

Image source: The Motley Fool/Upsplash After years of near-zero interest rates on bank savings accounts, Americans are getting more savvy with their cash. commercial bank "large CDs" (CDs of $100,000 or more) increased by $615 billion during 2023, reaching a total of $2.26 This is not good enough! And CDs aren't the only game in town.

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The Motley Fool

APRIL 21, 2024

Because it's one of the largest banks in the U.S., Bank of America 's (NYSE: BAC) metrics can provide investors with some valuable insights about consumer spending and the overall strength of consumers based on their ability to repay their debts. Here's what investors learned from the bank's first-quarter earnings call.

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Banks Debt Assets Returns 246

The Motley Fool

AUGUST 15, 2023

Image source: Getty Images If you're someone who prefers to do your banking online, you're not alone. adults preferred to do their banking online. Meanwhile, I have my reasons for using an online bank. And that's why I can't keep all of my savings at an online bank. Data from Forbes reveals that as of 2022, 78% of U.S.

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Banks Accounting Debt Returns 243

The Motley Fool

JUNE 15, 2024

Image source: Getty Images Depositing $10,000 into your bank account probably isn't something you do everyday. The government wants to know if you're putting a lot of money in the bank If you make a deposit or a withdrawal of $10,000 or more in your checking account , this triggers a requirement under a law called the Bank Secrecy Act.

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Banks Accounting 189

The Motley Fool

APRIL 7, 2024

Image source: The Motley Fool/Upsplash Bank accounts are one of the safest places to store money. As long as your bank has FDIC insurance , your deposits are insured up to $250,000 per account holder. It's called a "right of offset," and it typically occurs when you borrow money and bank at the same institution.

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Banks Accounting Legal Financial Institutions 242

The Motley Fool

MAY 16, 2024

Toronto-Dominion Bank (NYSE: TD) stock has a hefty 5.2% yield, which is way above the banking sector norm of around 3%, using SPDR S&P Bank ETF as an industry proxy. If you are a dividend investor looking to buy a bank stock, that should probably interest you. Canada has a highly regulated banking industry.

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Banks Investors Returns Portfolios 130

The Motley Fool

JULY 6, 2023

Image source: Getty Images We're nearly a quarter of the way through the 21st century, and yet some people still climb into their cars and drive to their local brick-and-mortar bank when they have financial business to take care of. Here are six advantages of using the online banking services offered by your financial institution.

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Banks Financial Institutions Accounting Taxes 246

The Motley Fool

JULY 23, 2024

On Friday, July 19, Berkshire Hathaway filed a Form 4 with the Securities and Exchange Commission detailing trading activity in one of Buffett's core holdings, Bank of America (NYSE: BAC). From July 17 through July 19, Berkshire's brightest investment minds sold 33,890,927 shares of Bank of America stock, totaling $1.476 billion.

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Banks Stakes Taxes Shareholders 147

The Motley Fool

APRIL 24, 2024

trillion, Bank of America is undoubtedly one of the largest financial institutions out there. That might prompt you to give this bank stock some added attention, or even to buy shares. But if you continue reading, you may forget soon about Bank of America and instead strongly consider buying the magnificent bank stock featured below.

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Banks Financial Institutions Shareholders Public Companies 130

The Motley Fool

JULY 17, 2024

The banking industry hasn't exactly been the best place to invest in recent years, as rising rates have compressed interest margins, and recession fears have kept many investors away. However, there are some interesting bank stocks for long-term investors to look at right now.

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Banks Capital Financial Services Accounting 130

The Motley Fool

JUNE 21, 2024

Image source: Getty Images Yes, although you may not be aware of it, a bank can take money out of your checking account , even without asking your permission beforehand. Of course, this doesn't mean banks can take money whenever they like. If you currently borrow money and bank with the same institution, here's what you should know.

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Banks Accounting Legal Debt 189

The Motley Fool

JUNE 16, 2024

It's been a good time to be an investor in Bank of America (NYSE: BAC). Perhaps the expectation that this accommodative behavior will happen soon has helped build up market sentiment for this top bank stock. With momentum on its side, is Bank of America a smart business to buy shares in right now? With total assets of $3.3

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Banks Prospects Financial Services Financing 130

The Motley Fool

JANUARY 22, 2024

If that's you, I have a tip for what you should do first: Open a new bank account. Gyms are increasingly requiring ACH payments Alright, so it's not the most intuitive bit of advice, but it will make sense when I tell you that many gyms are now requiring you to pay your monthly membership fees via ACH bank transfers.

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Banks Accounting Debt Companies 246

The Motley Fool

FEBRUARY 14, 2024

Image source: Getty Images Depositing $10,000 in a bank account may not seem like the most criminal activity. Banks report cash deposits totaling $10,000 or more Banks have to report any deposits above $10,000 to the IRS on a form known as the Currency Transaction Report. And, nine times out of 10, it really isn't.

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Banks Accounting Legal Debt 246

The Motley Fool

JUNE 10, 2024

While it would certainly be nice to see Huntington's earnings growing rather than shrinking, paying 10x earnings for a profitable bank paying a 4.6% That actually implies that Huntington's earnings this year will decline no more than 10%, to perhaps $1.25 per share or thereabouts, valuing the stock at roughly 10 times full-year earnings.

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Banks Returns Investors Portfolios 241

PE Hub

JUNE 25, 2023

Working with a diversified, balanced banking solutions provider is beneficial in good times and downright crucial in challenging economic times, says Mike Lederman, senior managing director for the Technology Banking Group at Bridge Bank, a division of Western Alliance Bank.

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The Motley Fool

JUNE 14, 2023

They discussed: The breakdown of communication between regulators and Silicon Valley Bank. How Live Oak Bank is differentiating itself from larger institutions. Why traditional banks may face margin issues in the "not-too-distant future." So I think when that happens, then the credit guys end up running the bank.

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Banks Accounting Capital Taxes 246

The Motley Fool

MAY 17, 2024

Image source: Getty Images Opening a new bank account has never been simpler, with online and mobile applications putting it at your fingertips. The ease of opening new accounts, coupled with generous bank offers and higher APYs, might make you wonder how many accounts you should reasonably maintain.

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Banks Accounting Financial Institutions Financing 130

The Motley Fool

JUNE 23, 2024

Image source: Getty Images While welcome bonuses on credit cards are more common (and discussed more often), you can sometimes also get a chunk of money when you open a new bank account. You'll also have to get used to using a new bank's website and mobile app to manage your finances. And here's why.

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Banks Accounting Taxes Financing 130

The Motley Fool

OCTOBER 28, 2023

While sharing a joint bank account works for many couples, it's not an ideal solution for all. Even if you've been with your partner for a long time or are married, there can be benefits to maintaining some or all of your bank accounts individually. Here are a few reasons NOT to share a bank account with your partner.

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Banks Accounting Financing Finance 246

The Motley Fool

JUNE 23, 2023

The failures of SVB Financial 's Silicon Valley Bank and First Republic Bank sent shockwaves through the financial sector. Investors feared contagion could spread across regional banks, leading to a sell-first, ask-questions-later mentality. The bank for small businesses got a big boost from pandemic relief programs The U.S.

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Banks Debt Capital Financing 246

The Motley Fool

MAY 26, 2024

Shares of Bank of America (NYSE: BAC) have done quite well recently. With positive market sentiment on its side, should you buy this top bank stock right now? With positive market sentiment on its side, should you buy this top bank stock right now? Growth potential Bank of America's scale is hard to overstate.

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Banks Financial Services Assets Returns 130

The Motley Fool

JULY 20, 2024

Bank of America (NYSE: BAC) has performed extremely well since bottoming out in late 2023, as investor sentiment has certainly shifted when it comes to the banking industry. In this short video, I'll give a rundown of the bank's latest numbers and explain why it could still be worth a look for long-term investors.

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Banks Returns Portfolios Investors 130

The Motley Fool

JUNE 21, 2024

Image source: The Motley Fool/Upsplash Sometimes, you need to put a lot of money in your bank account or take a lot of money out. 10,000 is an important number for banking So, what's the big deal about depositing or withdrawing $10,000? Just deposit the money in one transaction and provide the bank with the requested information.

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Banks Accounting Financial Institutions Legal 130

The Motley Fool

MAY 10, 2024

Image source: Upsplash/The Motley Fool Do you ever get the feeling that every bank is offering a new account bonus? Whether it's a checking account or savings account, many banks and credit unions are now promising to give you cash if you…give them your cash. Banks want deposits. And they're willing to pay money for them.

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Banks Accounting Financial Institutions Capital 130

The Motley Fool

JULY 15, 2024

That's why it's vital to know what bank accounts are best suited to your needs when you don't have a set income. It lets you create mini-savings accounts (sometimes called "buckets," "pockets," or "vaults," depending on the bank). But it also comes with unique difficulties, especially when it comes to managing money.

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Banks Accounting Taxes Financing 130