What To Expect From Bank Of America Stock In 2025?
1. BAC's Q4 2024 earnings beat expectations, driven by strong investment banking performance. 2. Net profits more than doubled to $6.67 billion, with revenues increasing by 15%. 3. Investment banking fees surged 44% in Q4 amidst a rise in mergers and acquisitions. 4. Higher loan demand expected as Fed eases rates, boosting net interest income projections. 5. Political factors could enhance bank profitability, especially post-Trump's potential election.