- EPS $0.42 vs $0.32 exp
- Revs $21.23bn vs $21.35bn exp
- Net adj income $4.45bn vs $3.73bn exp
- Fixed income, commod, currency and trading rev +11%
BoFA’s Moynihan says that they “remain focused on streamlining and simplifying our company” (Basically cost cutting continues) and saw solid customer and client activity and improved profitability across most of the business in Q3.
It’s another fair Q3 earnings report (without delving into the soup and nuts of it)