Bank of America stock drops after earnings beat as BAC outlook takes center stage
Bank of America shares fell 3.7% to $52.48 in after-hours trading Wednesday after a volatile session. The bank reported fourth-quarter net income of $7.6 billion and revenue of $28.4 billion, beating forecasts. Net interest income rose 10% to $15.8 billion. Investors focused on the bank’s 2026 outlook and the impact of possible U.S. rate cuts.