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Barchart
Sohini Mondal

Bank of America's Q4 2024 Earnings: What to Expect

Bank of America BAC

Valued at a market cap of $336.9 billion, Bank of America Corporation (BAC) is one of the largest financial holding companies in the U.S., serving individuals, businesses, and governments worldwide. Its diverse operations span Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets, offering a comprehensive suite of financial products and services. BAC is expected to release its fiscal Q4 earnings results on Friday, Jan. 10.

Ahead of this event, analysts expect the nation's second-largest bank to report a profit of $0.79 per share, up 12.9% from $0.70 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in the last four quarters. BAC exceeded the consensus EPS estimate by 3.9% in the most recent quarter.

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