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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.
The Bank of America Corporation (Bank of America) (often abbreviated BofA or BoM) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan.
Bank of America investment banking fees rose 44%, and sales and trading revenue rose 13% to $4.1 billion. It notched a record in sales and trading revenue for the full year.
Image source: The Motley Fool. Bank of America (NYSE: BAC) Q4 2024 Earnings Call Jan 16, 2025, 11:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
BofA Securities, Inc., [1] previously Bank of America Merrill Lynch (BAML), is an American multinational investment banking division under the auspices of Bank of America. It is not to be confused with Merrill , the stock brokerage and trading platform subsidiary of Bank of America.
Bank of America chair and CEO Brian Moynihan remains concerned about deficits (right), he tells Yahoo Finance executive editor Brian Sozzi at the 2025 World Economic Forum in Davos, Switzerland.
Bank of America's net income for Q4 2024 was $6.7 billion with earnings per share of 82 cents, compared to $3.1 billion with earnings per share of 35 cents, the same time last year. For the full ...
Bank of America’s net income fell to $6.89 billion, which was slightly better than expectations, while rising 3% from the first quarter. Its total revenue of $25.37 billion rose slightly from a ...