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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.
This story is developing. Please check back for updates.
