StockWatch: Wall Street Banks Top Earnings!
The Bank of America posted Q3 results that exceeded expectations.
Shares of the bank climbed by 2.5% as revenue came in at $22.87bn, versus the $21.8bn estimate.
Wells Fargo also posted a jump in profit, boosted by a release of its credit loss reserves as the recovery from the coronavirus pandemic accelerated in 2021.
- BAC 01:35
- WFC 03:00