15.10.2025 11:20
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Bank of America (BAC) reported its Q3 2025 earnings on Wednesday, revealing figures that surpassed predictions made by financial analysts. The institution's performance was bolstered by surprisingly robust investment banking revenues.
According to internet sources, the bank announced an earnings per share (EPS) of $1.06, exceeding the LSEG estimate of 95 cents. Furthermore, revenue reached $28.24 billion, exceeding the anticipated $27.5 billion.
The second-largest US bank, when ranked by total assets, experienced a considerable surge in profitability. Profits saw a 23% year-over-year increase, reaching $8.5 billion, which translates to $1.06 per share. Moreover, total revenue climbed by 10.8%, totaling $28.24 billion.
Mirroring the performance of other major financial institutions, Bank of America's Wall Street operations played a vital role in the overall positive results. Similar to JPMorgan Chase and Goldman Sachs, the bank recorded substantial increases in both trading and investment banking revenues, driven by increased activity from institutional investors and corporations engaged in mergers, acquisitions, and capital raising efforts.
Specifically, Bank of America's investment banking fees experienced a remarkable 43% increase compared to the previous year, reaching $2 billion. This figure is approximately $380 million higher than analysts' forecasts, as indicated by StreetAccount data. The bank's equities trading division also contributed significantly, with revenue rising by 14% to $2.3 billion, exceeding StreetAccount estimates by around $200 million. While fixed income trading revenue saw a more moderate 5% increase, reaching $3.1 billion, it still aligned with expectations.
Additionally, Bank of America benefited from a more optimistic forecast regarding credit losses throughout the quarter. The company's provision for credit losses decreased by approximately 13% to $1.3 billion, falling below the StreetAccount estimate of $1.58 billion.
Year-to-date, shares of Bank of America have increased by roughly 14%.
