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 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.

Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier and beating analysts’ estimates of $6 billion. The second-largest U.S. lender by assets posted per-share earnings of 82 cents,

Bank of America Corp.’s stock BAC +2.88% rose 0.2% in premarket trading on Thursday after the financial giant giant’s fourth-quarter earnings of 81 cents a share topped the FactSet consensus estimate of 77 cents a share. Revenue of $25.33 billion beat the analyst projection of $25.12 billion. (This is a developing story with more to come.)

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

Follow live coverage of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock.

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 is expected to benefit from a boost in investment banking and trading activity in the fourth quarter. Last month, CEO Brian Moynihan told investors that his firm would hit guidance for NII of about $14.