earnings
confidence high
sentiment positive
materiality 0.80
Bank of America reports Q4 EPS $0.82, net income $6.7B; full-year EPS $3.21, revenue $101.9B
BANK OF AMERICA CORP /DE/
2024-FY EPS reported
$3.21
revenue$101,887,000,000
- Q4 2024 revenue $25.3B (NII $14.4B); net income $6.7B, diluted EPS $0.82.
- Full-year 2024 net income $27.1B, EPS $3.21; revenue surpassed $100B to $101.9B.
- Investment banking fees up 44% YoY in Q4; sales & trading revenue up 13% YoY (ex DVA +10%).
- Returned $21B of capital to shareholders in 2024; CET1 ratio 11.9% above regulatory minimum.
- Consumer checking accounts grew for 24th consecutive quarter; record client balances of $4.3T at GWIM.