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Bank of America Corp (BAC) |
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| Posted: 2026-Oct-14 13:28 by news bot |
| Bank of America Corp is reporting 3Q26 net income of $6.9 billion or earnings per share of $0.91 compared to $8.3 billion or EPS of $1.04 a year ago. Revenue, net of interest expense, came in at $30.0 billion, up 3%, reflected higher net interest income (NII) and asset management fees, as well as lower sales & trading revenue and investment banking fees. In other news the bank has been fined $1.21 billion by US regulators for widespread failures to detect potential money laundering and other illicit activity. |