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Bank of America's Q4 Earnings Beat on Robust IB & Trading, Higher NII
BACBank of America(BAC) ZACKS·2025-01-16 23:51

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.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Behind BAC’s Headline NumbersTotal investment banking (IB) fees (in the Global Banking division) of $985 million surged 43% year over year, driven by growth in underwriting income and advisory services revenues. Simi ...