Company news: Bank of America's (BAC) quarterly results exceed analysts’ expectations

Bank of America (BAC) reported Q4 FY2024 earnings of $0.82 per share (versus $0.70 per share in Q4 FY2023), beating analysts’ consensus estimate of $0.77 per share.

The company’s quarterly revenues amounted to $25.300 bln (+15.0% y/y), beating analysts’ consensus estimate of $25.117 bln.

BAC rose to $47.58 (+1.02%) in pre-market trading.