Bank of America Reports Increased Net Income and EPS, Sales and Revenues Show Significant Growth
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Bank of America Corporation reported a net income of $25.4 billion for the year ending December 31, 2024, up from $24.1 billion the previous year. Revenue increased to $98.7 billion from $95.6 billion, and earnings per share rose to $3.02 from $2.85. This reflects strong financial performance and growth in both net income and revenue, as the company continues to pursue strategic initiatives to enhance shareholder value.
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