By Arasu Kannagi Basil and Saeed Azhar (Reuters) -Bank of America's profit beat expectations on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025.

In the final quarter of 2024, the nation's second-largest bank saw its revenue and earnings per share grow beyond Wall Street's estimates.

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

Bank of America reported higher profit on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025. The earnings mirror those of rivals across Wall Street including JPMorgan,

Bank of America (NYSE:BAC) reported better-than-expected results for the fourth quarter of fiscal 2024, sending its shares rising roughly 2% in premarket trading Thursday. The bank reported earnings per share (EPS) of 82 cents,

Bank of America (NYSE:BAC) issued strong 2025 guidance, with an outlook for net interest income rising through the year, after posting robust Q4 2024 earnings helped by rising profits from its consumer banking and wealth and investment management businesses.