Bank of America tops profit estimates on better-than-expected interest income

Bank of America profit beats estimates on higher interest income, investment banking gains

Bank of America beat Wall Street estimates for quarterly profit on Tuesday as it joined rivals in earning more from interest payments, while benefiting from a better-than-expected performance of its investment banking and trading divisions. The U.S. economy has shown resilience despite rising interest rates as a hot job market and healthy finances prompt consumers to spend on goods, travel and other activities, keeping most businesses including …

BofA profit rises on higher interest income, surprise investment banking gain By Reuters

BofA profit rises on higher interest income, surprise investment banking gain

BofA profit rises on higher interest income, investment banking gains

Bank of America's profit rose about 10% in the third quarter as it joined rivals in earning more from interest payments by its customers, while investment banking and trading fared better than expected.

Bank of America profit rises on higher interest income

Bank of America's profit rose in the third quarter as it joined rivals in earning more from interest payments by its customers, while investment banking and trading fared better than expected.

Bank of America Profit Rises 10%

By Gina Heeb Bank of America is out of the gate with its third-quarter earnings. -- The nation's second-largest bank by assets earned $7.8 billion, up 10%...

BofA’s Profit Tops Estimates On Trading, Net Interest Income

Bank of America Corp. traders reported their best third-quarter results in more than a decade while net interest income topped analysts’ estimates as the lender continues to reap the benefits of Federal Reserve rate hikes and volatile markets.