Follow live coverage of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock.

Bank of America is out with its fourth-quarter results. Like its big peers, its Wall Street businesses drove a surge in profit. Here are the highlights: Profit more than doubled to $6.67 billion. That amounted to $0.

In the final quarter of 2024, the nation's second-largest bank saw its revenue and earnings per share grow beyond Wall Street's estimates.

Bank of America said Thursday that it expected to earn between $14.5 billion and $14.6 billion of net interest income—on a fully taxable-equivalent basis—in the first quarter of 2025. The bank said it expected net interest income,

Bank of America is expected to benefit from a boost in investment banking and trading activity in the fourth quarter. Last month, CEO Brian Moynihan told investors that his firm would hit guidance for NII of about $14.