Bank of America stock is trading lower Wednesday after the financial firm reported earnings but Wall Street isn't worried. Here's why.

We recently published a list of 10 Cheap Value Stocks to Invest in According to Warren Buffett. In this article, we are going to take a look at where Bank of America Corporation (NYSE:BAC) stands against other cheap value stocks to invest in according to Warren Buffett.

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

Brian Moynihan, chief executive officer of Bank of America Corp., during a Television interview in Versailles, France, on Monday, May 13, 2024. Bank of America is expected to benefit from a boost in investment banking and trading activity in the fourth quarter.

Bank of America (BAC) announced better-than-expected fourth-quarter results, with profit doubling from a year ago

Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77. Revenue,