Bank of America reports third-quarter earnings ahead of estimates

Tiger Newspress2021-10-14

Bank of America reports third-quarter earnings ahead of estimates.The shares rose 2.2% in premarket trading.

Bank of America Corp reported a jump in third-quarter profit on Thursday as it released some of its reserves for bad loans, while logging growth in its consumer banking division.

Net income applicable to common shareholders rose to $7.26 billion, or 85 cents per share, for the quarter ended Sept. 30 from $4.44 billion, or 51 cents per share, a year earlier.

Analysts on average had expected a profit of 71 cents per share, according to the IBES estimate from Refinitiv.

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精彩评论

BBBBBBBBBB
2021-10-14
BBBBBBBBBB
Ok
Tanyl
2021-10-14
Tanyl
Oh no I had sold my BAC option
Chimmy
2021-10-14
Chimmy
Hope my $BAC rises on this news
YSF1953
2021-10-14
YSF1953
Ok
kenlim45
2021-10-14
kenlim45
Good
frusty
2021-10-14
frusty
Like

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