Bank of America reported fourth-quarter earnings before the opening bell Thursday. Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings: 82 cents vs.

Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77. Revenue,

Bank of America's bonus pool for investment bankers will probably rise 10% for last year, a source familiar with the matter told Reuters.

Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC Financial were all down about the same, or more. Only Morgan Stanley stock was rising Thursday, but it is primarily an investment bank and asset manager, and less a consumer bank.

Bank of America's Wall Street businesses drove a surge in profit last quarter, in common with peers. Here are the highlights: BofA's profit more than doubled to $6.67 billion. That amounted to $0.82 a

Bank of America has today reported higher profit as its investment bankers capitalised on resurgence in dealmaking in the fourth quarter while the lender predicted it would earn more interest income in 2025.

The outlook sweetened the bank’s stronger-than-expected fourth-quarter earnings of 82 cents a share, ahead of the analyst estimate of 77 cents a share. Bank of America’s stock

Bank of America reported Thursday that net income applicable to common shareholders for the fourth quarter soared to $6.4 billion from $2.84 billion in the prior-year quarter. The provision for credit losses was $1.