Bank of America profit rises on investment banking strength-March 2024-www.financetom.com

Bank of America profit rises on investment banking strength

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Bank of America profit rises on investment banking strength

Oct 15, 2025 4:24 AM

Oct 15 (Reuters) - Bank of America ( BAC ) said its

profit rose in the third quarter, as its investment bankers

earned big from advising on mega deals.

The second-largest U.S. bank on Wednesday reported a net

income of $8.5 billion, or $1.06 per share, in the three months

ended September 30. That compares with $6.9 billion, or 81 cents

per share, a year earlier.

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