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, net of interest expense, increased 15.0% year over year to $25.35 billion, beating the analyst consensus estimate of $25.19 billion. Higher asset management, investment banking fees, and sales and trading revenue drove the growth. Also Read: Banks And Business Groups Challenge Fed’s Stress Tes