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 is out with its fourth-quarter results. Like its big peers, its Wall Street businesses drove a surge in profit. Here are the highlights: Profit more than doubled to $6.67 billion. That amounted to $0.

Bank of America said Thursday that it expected to earn between $14.5 billion and $14.6 billion of net interest income—on a fully taxable-equivalent basis—in the first quarter of 2025. The bank said it expected net interest income,