Operator Good day, everyone, and welcome to today's Q4 Bank of America earnings announcement. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question-and-answer session.

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. Revenue,

Bank of America (BofA) exceeded expectations in its Q4 2024 earnings, driving shares up 2% in premarket trading. The bank reported earnings per share (EPS) of 82 cents, outperforming the 77-cent consensus estimate.

Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.

Investment banking fees exploded 44% to $1.7 billion, pushing Bank of America up the ranks to #3 in the industry, thanks to a surge in deal activity. The Global Wealth and Investment Management division wasn't far behind,

Bank of America is scheduled to post its fourth-quarter earnings report before the opening bell Thursday, with analysts expecting rising revenue and profits.

Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC Financial were all down about the same, or more. Only Morgan Stanley stock was rising Thursday, but it is primarily an investment bank and asset manager, and less a consumer bank.

Wells Fargo & Co. (NYSE: WFC), Bank of America Corp. (NYSE: BAC) and Truist Financial Corp. (NYSE: TFC) are scheduled to release their fourth-quarter 2024 earnings on Jan. 15, Jan. 16 and Jan. 17, respectively.

Bank of America (BAC) reported a strong Q4 with net income of $6.7B and EPS of $0.82, beating analyst estimates. Revenue was $25.35B, driven by asset management and investment banking fees.

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