Bank of America GAAP EPS of $1.06 beats by $0.11, revenue of $28.09B beats by $630M

  • Bank of America press release (NYSE:BAC): Q3 GAAP EPS of $1.06 beats by $0.11.
  • Revenue of $28.09B (+11.0% Y/Y) beats by $630M.
  • Revenue, net of interest expense, of $28.1 billion ($28.2 billion FTE), up 11%, reflected higher net interest income (NII), investment banking and asset management fees, and sales

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