Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol aft a gathering with Republican members of the Senate Banking, Housing and Urban Affairs Committee connected the contented of debanking connected Thursday, February 13, 2025.
Tom Williams | Cq-roll Call, Inc. | Getty Images
Bank of America is scheduled to study third-quarter net earlier the opening doorbell Wednesday.
Here's what Wall Street expects:
- Earnings per share: 95 cents, according to LSEG
- Revenue: $27.5 billion, according to LSEG
- Net Interest Income: $15.24 billion, according to StreetAccount
- Trading: Fixed Income of $3.11 billion, Equities of $2.10 billion, according to StreetAccount
Bank of America is apt to person benefited from the Wall Street broadside of its operations during the 3rd quarter.
Big banks person reaped beardown gains successful trading and concern banking gross connected heightened enactment among some organization investors and corporations looking to get competitors oregon rise capital.
On apical of that, precocious plus levels bode good for Bank of America's wealthiness absorption division.
Shares of the slope person climbed astir 14% this year.
On Tuesday, JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo each posted net that topped analysts' expectations for net and revenue.
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