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DANMARKS STØRSTE INVESTORSITE MED DEBAT, CHAT OG NYHEDER

Bank of America Q3 Earnings Beat Consensus

14/10 11:47


  • (PLX AI) – Bank of America Q3 net income USD 7,700 million vs. estimate USD 6,100 million
  • • Q3 EPS USD 0.85 vs. estimate USD 0.71
  • • Revenue, net of interest expense, increased 12% to $22.8 billion
  • • Net interest income (NII)(B) up $1 billion, or 10%, to $11.1 billion, driven by strong deposit growth and related investment of liquidity, and Paycheck Protection Program (PPP) activities
  • • Global Wealth and Investment Management Q3 record net income of $1.2 billion