Bank of America (BAC) Q4 2024 Earnings Call Transcript
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 Q4 Earnings: $6.7 Billion Profit, $1.7 Billion In Investment Banking Fees
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,
What to expect from Q4 earnings for Bank of America, Truist and Wells Fargo
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: Q4 Earnings Snapshot
The nation's second-largest bank posted revenue of $46.97 billion in the period. Its revenue net of interest expense was $25.35 billion, also beating Street forecasts. Five analysts surveyed by Zacks expected $25.13 billion.
JB Hunt: Q4 Earnings Snapshot
JB Hunt Transport Services Inc. (JBHT) on Thursday reported fourth-quarter profit of $155.5 million. On a per-share basis, the Lowell, Arkansas-based company said it had net income of $1.53. The results fell short of Wall Street expectations.
Westamerica: Q4 Earnings Snapshot
The San Rafael, California-based bank said it had earnings of $1.19 per share. The holding company for Westamerica Bank posted revenue of $73 million in the period. Its revenue net of interest expense was $69.
Morgan Stanley: Q4 Earnings Snapshot
The New York-based company said it had earnings of $2.22 per share. The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.
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.
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