Subscribe to TheStreet's free daily newsletter💰💸 Bank of America analysts revealed that although the U.S. software market grew 59% in 2023 and 23% in 2024, development projections still run below historical averages.

Bank of America stock is trading lower Wednesday after the financial firm reported earnings but Wall Street isn't worried. Here's why.

Bank of America's Wall Street businesses drove a surge in profit last quarter, in common with peers. Here are the highlights: BofA's profit more than doubled to $6.67 billion. That amounted to $0.82 a

Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.

Brian Moynihan, chief executive officer of Bank of America Corp., during a Television interview in Versailles, France, on Monday, May 13, 2024. Bank of America is expected to benefit from a boost in investment banking and trading activity in the fourth quarter.

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,