Charlotte-based Bank of America Corp. (NYSE: BAC) hit another home run in its third-quarter earnings, which it reported to the public Monday morning. BofA posted $7.2 billion in net income, or 66 cents in diluted earnings per share, in the third quarter, a 32% increase from $5.4 billion in the third quarter of 2017. Revenue also increased by $1 billion year over year to $22.8 billion. About $9.4 billion of this revenue came from consumer banking alone. It's the bank's 15th consecutive quarter with…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/10/15/how-bank-of-america-drove-up-profits-for-its-best.html?ana=RSS&s=article_search
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