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 higher profit on Thursday as its investment bankers capitalized on resurgence in dealmaking in the fourth quarter.

Bank of America is out with its fourth-quarter results. Like its big peers, its Wall Street businesses drove a surge in profit. Here are the highlights: Profit more than doubled to $6.67 billion. That amounted to $0.

In the final quarter of 2024, the nation's second-largest bank saw its revenue and earnings per share grow beyond Wall Street's estimates.

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.

Bank of America’s BAC fourth-quarter 2024 earnings of 82 cents per share surpassed the Zacks Consensus Estimate of 77 cents. The bottom line compared favorably with adjusted earnings of 70 cents in the prior-year quarter.

Bank of America (NYSE:BAC) reported better-than-expected results for the fourth quarter of fiscal 2024, sending its shares rising roughly 2% in premarket trading Thursday. The bank reported earnings per share (EPS) of 82 cents,