Bank of America Beats Forecasts in Q4

Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.Banking giant Bank of America (BAC 2.88%) reported fourth-quarter earnings on Thursday, Jan. 16, that outperformed Wall Street's expectations. EPS of $0.82 came in ahead of the consensus estimate of$0.77. Revenue was a strong $25.3 billion, slightly above expectations of$25.1 billion. This performance marks a pivotal quarter, demonstrating significant financial growth and robust earnings despit ...