Bank of America delivered better-than-expected Q3 earnings on Wednesday, driven by strong consumer/investment banking results, supported by robust U.S. economic growth. BAC posted double-digit earnings growth in Q3 and continues to grow book value at a healthy pace. The bank saw 9% year-over-year growth in its net interest income in Q3'25 and raised its NII outlook for Q4'25 at the same time.
Bank of America reported a strong quarter with double-digit revenue growth and declining credit losses. The large bank generating 5.6% operating leverage with costs mostly contained as the digital transformation occurs. BoA has strong capital returns with stock repurchases providing a greater than 5% boost to EPS.
The economy is uncertain, but banks still managed strong earnings in Q3. We speak with experts to dissect the reports.
Bank of America posts strong Q3 results, with EPS of $1.06, fueled by trading gains, IB fee growth and higher NII.
Bank of America's third-quarter earnings results, released Wednesday (Oct. 15), showed momentum in spending on cards, growth in client balances held at the financial institution, and strong credit quality. Additionally, a consumer shift to digital channels to conduct day-to-day banking activities continued to have tailwinds.
Bank of America Corporation (NYSE:BAC ) Q3 2025 Earnings Call October 15, 2025 8:30 AM EDT Company Participants Lee McEntire - Head of Investor Relations & Local Markets Organization Brian Moynihan - Chairman & CEO Alastair Borthwick - Executive VP & CFO Conference Call Participants Glenn Schorr - Evercore ISI Institutional Equities, Research Division John McDonald - Truist Securities, Inc., Research Division James Mitchell - Seaport Research Partners L. Erika Penala - UBS Investment Bank, Research Division Michael Mayo - Wells Fargo Securities, LLC, Research Division Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division Kenneth Usdin - Bernstein Autonomous LLP Matthew O'Connor - Deutsche Bank AG, Research Division Betsy Graseck - Morgan Stanley, Research Division Gerard Cassidy - RBC Capital Markets, Research Division Saul Martinez Presentation Operator Good day, everyone, and welcome to today's Q3 Bank of America Earnings Call.
Bank of America is likely to have benefited from the Wall Street side of its operations during the third quarter. Big banks have reaped strong gains in trading and investment banking revenue on heightened activity among both institutional investors and corporations looking to acquire competitors or raise capital.
The consumer price index will be delayed until next week as a result of the government shutdown, but the producer price index is still on track for release. And we'll see earnings from Wells Fargo, Morgan Stanley, ASML, and more.
The big banks dominate this week's reporting docket, but we also have several bellwethers from other sectors reporting, including Johnson & Johnson, United Air Lines, and others.
With a government shutdown forcing a data blackout, the upcoming U.S. bank earnings season will let investors gauge the economy's health.
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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of America (BAC) have what it takes?