Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025.
Tom Williams | Cq-roll Call, Inc. | Getty Images
Bank of America reported third-quarter earnings before the opening bell Wednesday.
Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:
- Earnings per share: $1.06, vs. expected 95 cents
- Revenue: $28.24 billion, vs. expected $27.5 billion
Shares of the bank have climbed roughly 14% this year.
On Tuesday, JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo each posted earnings that topped analysts’ expectations for earnings and revenue.
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