Bank of America delivered a strong Q3 performance, with EPS of $1.06 and $28.1 billion in revenue, surpassing estimates.
The bank's net income was $8.5 billion, a 31% increase from the previous year, driven by growth across all segments.
Total revenue climbed 11% year-over-year, exceeding expected $27.28 billion.
Bank of America's earnings per share reached $1.06, surpassing the anticipated $0.94.
Author's summary: Bank of America tops Q3 estimates with broad-based growth.