Bank of America Corp

BAC: XNYS (USA)
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Bank of America Earnings: NIM Expansion, Fee Growth, and Operating Leverage Drive a Standout Quarter

Bank of America reported an excellent set of numbers in the third quarter with earnings of $1.06 per share, equating to a return on tangible equity of 15.4%, powered by net interest margin expansion, solid fee income growth, and positive operating leverage dynamics playing out.

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