Bank of America Corporation (NYSE: BAC) on Wednesday announced financial results for the fourth quarter of fiscal 2025, with strong revenue and earnings growth. The numbers also came in above analysts’ forecasts.

Bank of America reports higher Q4 revenue and profit; results beat estimates

Total revenue, net of interest expense, was $28.4 billion in the fourth quarter, up 7% year-over-year and above Wall Street’s projection. The top line benefited from higher net interest income, asset management fees, and sales and trading revenue.

Net income increased to $7.6 billion in Q4 from $6.8 billion in the prior-year quarter. On a per-share basis, earnings were $0.98, compared to $0.83 in the year-ago quarter. Earnings exceeded analysts’ expectations.

During the quarter, the company returned $8.4 billion to shareholders — $2.1 billion through common stock dividends and $6.3 billion in share repurchases.



Source link

Previous articleLoss Payee Is Not Enough: A Hard Lesson for Property Owners and Managers on Tenant-Placed Insurance
Next articleFintech Awards London 2026 Launches at House of Lords with S&W as new Headline Sponsor

LEAVE A REPLY

Please enter your comment!
Please enter your name here