Reports Q4 revenue $25.35B, consensus $25.13B. Reports Q4 CET1 capital ratio 11.9%. Reports Q4 tangible book value per share $26.58. Reports Q4 net charge-offs .54%. The company said, “We finished 2024 with a strong fourth quarter. Every source of revenue increased, and we saw better than industry growth in deposits and loans. We also ended with strong capital and liquidity, enabling us to return $21 billion of capital to shareholders in 2024. We believe this broad momentum sets up 2025 very well for Bank of America (BAC). I thank all my teammates for another great year, and together we look forward to driving the company forward in 2025 against the backdrop of a solid economic environment.”
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