Bank of America has surpassed expectations in its fourth-quarter earnings, reporting a profit surge driven by robust investment banking and trading activities. The bank has topped estimates with an EPS of $0.82 and generated $6.7 billion in profit, largely thanks to a significant increase in loan income and global markets net income. With a strong outlook for 2025, Bank of America anticipates higher net interest income and continues to solidify its position among industry leaders alongside competitors like Morgan Stanley. The improved performance reflects a resurgence on Wall Street, as banking fees and a favorable economic environment contribute to the overall market rally.