Brian Moynihan, CEO of Financial institution of America, leaves the U.S. Capitol after a gathering with Republican members of the Senate Banking, Housing and City Affairs Committee on the difficulty of debanking on Thursday, February 13, 2025.
Tom Williams | Cq-roll Name, Inc. | Getty Pictures
Financial institution of America on Wednesday posted third-quarter outcomes that exceeded analysts’ expectations on stronger than anticipated leads to funding banking.
Here is what the corporate reported:
- Earnings per share: $1.06 vs. 95 cents LSEG estimate
- Income: $28.24 billion vs. anticipated $27.5 billion
Shares of the financial institution have climbed roughly 14% this yr.
On Tuesday, JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo every posted earnings that topped analysts’ expectations for earnings and income.
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