Bank Of America (BAC) Quarterly Earnings Report: Bond Market Strong, Equities Down
October 18, 2016
Bank of America once again outdid analysts’ expectations Monday while announcing its quarterly earnings for the three-month period ending in September. Its third quarter earnings per share (EPS) hit $0.41 on revenue of $20.96 billion, up from $0.38 for the same period last year and $0.36 the previous quarter, and above an expected $0.34.