(CercleFinance.com) – Bank of America publishes a net profit of 7.1 billion dollars for the 3rd quarter, down slightly compared to the same period a year earlier (7.7 billion dollars).
Quarterly EPS nevertheless came out slightly above the consensus, at $0.81, against $0.85 a year earlier.
Net banking income in the third quarter was $24.5 billion, compared to $22.8 billion twelve months earlier, driven by a 24% improvement in net interest income to $13.8 billion .
‘We continued to see strong organic customer growth
in our activities, with increased client activity contributing to an 8% increase in turnover,” said the CEO. Brian Moynihan.
Copyright © 2022 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
