Bank of America Q3 Results: The second-largest bank in the United States, Bank of America, announced its third-quarter results on Wednesday, 15 October 2025. The institutional lender and investment giant recorded a net profit of $8.5 billion, or $1.06 per share, compared to $6.9 billion, or 81 cents per share, in the same period a year ago, reported the news agency Reuters.
Bank of America’s net profits rose in the July to September quarter as its investment banking arm earned from advising on mega deals. The bank and its largest rivals benefited from renewed confidence among corporations to undertake large mergers and acquisitions, according to the agency report.
The news report also cited Dealogic data, which mentioned that megadeals reached $1.26 trillion in the third quarter, marking the second-highest third-quarter total on record.
Overall global dealmaking topped $3 trillion in the first nine months of 2025, reaching the highest level since the pandemic peak in 2021, according to Mergermarket data.
Investment banking fees at BofA rose 43% to $2 billion from a year earlier, compared with executives’ earlier forecast for a 10% to 15% increase.
Rise in Interest Income
Bank of America’s net interest income, or the institutional lender’s core income, rose 9% to $15.2 billion in the quarter from a year earlier, according to the agency report.
Bank of America is now expecting its fourth-quarter interest income to be between $15.6 billion and $15.7 billion, up about 8% from a year earlier.
The Federal Reserve’s 25-basis-point cut in September could stoke demand from borrowers. BofA had previously said it expects record net interest income in 2025.
“Strong loan and deposit growth, coupled with effective balance sheet positioning, resulted in record net interest income,” CEO Brian Moynihan said in a statement, cited in the agency report.
BofA’s stock, however, has underperformed its peers, as well as the KBW Bank Index, so far in 2025, according to the report.
Bank of America Share Price
Bank of America shares jumped more than 5% at $52.68 during the premarket trading session on Wednesday, 15 October 2025, ahead of the Wall Street opening bell, compared to $50.09 at the previous market close, according to Marketwatch data.
BAC stock has given the US stock market more than 106% returns on its investment in the last five years and over 18% in the last one-year period. On a year-to-date (YTD) basis, the BAC shares have delivered 13.10% returns in 2025, but are trading 0.99% lower in the last one-month period.
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