Bank of America (NYSE:BAC) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.56 on revenue of $22.81B. Analysts polled by forecast EPS of $0.55 on revenue of $22.59B. That compared to EPS of $0.66 on revenue of $22.78B in the same period a year earlier. The company had reported EPS of $0.74 on revenue of $23.08B in the previous quarter.
Bank of America follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.46B.
UnitedHealth earnings beat analysts' expectations on Tuesday, with third quarter EPS of $3.88 on revenue of $60.35B. analysts expected EPS of $3.75 on revenue of $59.75B
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