1 day ago

Bank of America (BAC) Stock Soars as Banking Giant Crushes Q3 Earnings

TLDR Bank of America reported net income of $8.5 billion or $1.06 per share for Q3, beating Wall Street estimates of 95 cents per share The bank raised its Q4 net interest income forecast to $15.6-$15.7 billion, up about 8% from a year earlier Investment banking fees jumped 43% to $2 billion, far exceeding earlier [...]

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