Wall Street banking giant Bank of America (BAC) reported better-than-expected results for the third quarter of 2021 on robust revenue growth and lower credit losses. Q3 earnings increased 66.7% to $0.85 per share on a year-over-year basis and topped Street estimates of $0.71 per share. Total revenue rose 12.3% to $22.8 billion and outpaced the consensus estimate of $21.7 billion. (See Bank of America stock charts on TipRanks) Net interest income increased 10% to $11.1 billion on strong deposit growth and related investment of liquidity. Also, fee income climbed 14% to $11.7 billion, driven by a rise in asset management, investment banking, and sales and trading revenues.
https://www.tipranks.com/news/bank-of-america-reports-upbeat-q3-results?utm_source=advfn.com&utm_medium=referral
Bank of America (NYSE:BAC)
Gráfico Histórico do Ativo
De Nov 2021 até Dez 2021 Click aqui para mais gráficos Bank of America.
Bank of America (NYSE:BAC)
Gráfico Histórico do Ativo
De Dez 2020 até Dez 2021 Click aqui para mais gráficos Bank of America.