NEW YORK, Oct. 15 (Xinhua) -- Bank of America on Wednesday posted robust results for the third quarter of 2025, reporting net income of 8.5 billion U.S. dollars, up from 6.9 billion dollars in the same period last year.
Diluted earnings per share rose 31 percent year over year to 1.06 dollars.
Revenue, net of interest expense, totaled 28.1 billion dollars, logging an 11 percent increase from a year earlier, driven by higher net interest income, strong investment banking fees and solid trading results.
"Strong net income growth drove third quarter diluted earnings per share up 31 percent from last year," said Chair and Chief Executive Officer Brian Moynihan. "With continued organic growth, every line of business reported top and bottom-line improvements."
During the quarter, Bank of America returned 7.4 billion dollars to shareholders, including 2.1 billion dollars through common stock dividends and 5.3 billion dollars in share repurchases.
Shares of the bank rose almost 5 percent on Wednesday morning. They've climbed roughly 14 percent this year as of Tuesday. ■
