Core Insights - Bank of America exceeded Wall Street's expectations in Q4 2025, driven by increased net interest income and asset management fees [1][2][3] - The bank reported earnings per share of $0.98, surpassing the consensus estimate of $0.96, and net income of $7.65 billion, which is a 12% increase from the same period in 2024 [1][2] Financial Performance - Revenue for Q4 was $28.37 billion, a 7% year-over-year increase, exceeding analysts' forecasts of $27.74 billion [2] - Net interest income rose by 10% year-over-year to $15.75 billion, while asset management fees increased by 13% to $4.19 billion [3] Management Commentary - CEO Brian Moynihan expressed optimism about the macroeconomic environment for 2026, citing resilience among consumers and businesses, as well as a clearer regulatory environment [4][5] - The bank's recent investor day set ambitious medium-term financial targets, including a return on tangible common equity (ROTCE) goal of 16% to 18% and an expected EPS growth of 12% or more over the next three to five years [6]