Bank of America Reports $8.5 Billion Q3 Income

By Philip Seaworth • Wednesday, October 15 15:34 • Permanent Link

Bank of America has reported a net income of $8.5 billion for the third quarter of 2025, with an earnings per share (EPS) of $1.06. This marks a significant increase from the previous year, with a 31% growth in diluted EPS. The revenue also saw a substantial 11% year-over-year increase, reaching $28.1 billion.

In terms of specific business segments, the Consumer Banking division achieved a net income of $3.4 billion, with revenue totaling $11.2 billion, up 7% from the same period last year. Average deposits reached $947 billion, displaying a 32% increase from pre-pandemic levels. Additionally, average loans and leases grew by $7 billion, or 2%, and small business loans saw a notable 7% increase.

Global Wealth and Investment Management reported a net income of $1.3 billion, with revenue up 10% to $6.3 billion. This growth was primarily driven by higher asset management fees, which surged by 12% to $3.9 billion due to increased market valuations and strong asset under management (AUM) flows. Client balances also reached $4.6 trillion, marking an 11% increase.

The Global Banking division achieved a net income of $2.1 billion, with total corporation investment banking fees (excluding self-led) soaring by 43% to $2.0 billion. Average deposits within this segment increased by 15%, and there was a 6% growth in middle-market average loan balances, along with a 12% improvement in treasury service charges.

Global Markets reported a net income of $1.6 billion, with sales and trading revenue increasing by 9% to $5.4 billion. This included the 14th consecutive quarter of year-over-year growth.

Bank of America's CEO, Brian Moynihan, attributed the strong net income growth to a 31% increase in diluted EPS, which in turn drove significant improvements in returns on assets and equity. Revenue grew at a notable 11% year-over-year, and the bank witnessed strong loan and deposit growth, resulting in a record net interest income.

Today the company's shares have moved 2.52% to a price of $50.09. Check out the company's full 8-K submission here.

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