Bank of America

BAC

Market cap $386B

Brian Moynihan, Bank of America chairman and CEO, joins CNBC's 'Squawk on the Street' to discuss the bank's most recent earnings.

Morning Brief anchor Julie Hyman breaks down the latest market news for October 15, 2025. Bank earnings are off to a strong start with Morgan Stanley and Bank of America reporting results that topped Wall Street estimates.

CNBC's Leslie Picker breaks down the latest earnings from Bank of American and Morgan Stanley for the third quarter.

The headline numbers for Bank of America (BAC) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Bank of America (NYSE:BAC) reported better-than-expected third-quarter fiscal 2025 financial results on Wednesday.

Morgan Stanley and Bank of America both beat Wall Street estimates for third quarter earnings. It was a very special quarter for Morgan as its trading revenue finally surpassed that of rival Goldman Sachs.

Bank of America Corp (NYSE:BAC) on Wednesday reported better than expected financial results for its third quarter 2025, propelled by a 43% increase in its investment banking revenue.   The bank's total revenue for the quarter rose 10.8% year over year to $28.24 billion, exceeding the $27.5 billion analyst consensus estimate, according to a survey conducted by LSEG.

Bank of America (BAC) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.81 per share a year ago.

Bank of America reported a robust third quarter, surpassing Wall Street's expectations as its investment banking and trading divisions delivered stronger-than-expected results. The lender, which is the second largest in the US by assets, posted a 23% year-on-year profit rise to $8.5 billion, driven by a surge in deal-making activity and loan growth.

Bank of America is among a consortium of lenders to bankrupt U.S. auto parts supplier First Brands, but the loans are backed by strong collateral, Chief Financial Officer Alastair Borthwick said on Wednesday.