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FINANCIALS: Bank of America (BAC: A1/A-/AA-) 3Q results

FINANCIALS

Again a slight beat, credit metrics look in-line.

  • "*BANK OF AMERICA 3Q NET INTEREST INCOME $13.97B, EST. $13.9B
  • BANK OF AMERICA 3Q INVESTMENT BANKING REV. $1.40B, EST. $1.24B
  • BANK OF AMERICA 3Q TRADING REVENUE EX. DVA $4.94B, EST. $4.57B
  • BAC 3Q PROVISION FOR CREDIT LOSSES $1.54B, EST. $1.53B
  • BAC 3Q BASEL 3 ADV. APPROACH CET1 RATIO 13.5%, EST. 13.5%
  • BANK OF AMERICA 3Q STANDARDIZED CET1 RATIO 11.8%, EST. 11.9%"
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Again a slight beat, credit metrics look in-line.

  • "*BANK OF AMERICA 3Q NET INTEREST INCOME $13.97B, EST. $13.9B
  • BANK OF AMERICA 3Q INVESTMENT BANKING REV. $1.40B, EST. $1.24B
  • BANK OF AMERICA 3Q TRADING REVENUE EX. DVA $4.94B, EST. $4.57B
  • BAC 3Q PROVISION FOR CREDIT LOSSES $1.54B, EST. $1.53B
  • BAC 3Q BASEL 3 ADV. APPROACH CET1 RATIO 13.5%, EST. 13.5%
  • BANK OF AMERICA 3Q STANDARDIZED CET1 RATIO 11.8%, EST. 11.9%"