Bank of America Joins Rivals in Topping Q4 Estimates

1. BAC's Q4 results surpassed analysts' expectations significantly. 2. Net income was $6.67 billion, exceeding the $6.32 billion forecast. 3. Revenue of $25.35 billion also beat the $25.02 billion estimate. 4. Every revenue source increased and deposit growth exceeded industry average. 5. Stock price rose 1.5% post-results, continuing a 45% annual increase.