$Bank of America (BAC.US)$Bank of America Q3'24 Earnings Hig...

EPS: $0.81 (Est. $0.77)
Revenue: $25.35B (Est. $25.27B) ; UP 1% YoY
Net Interest Income (FTE): $14.11B (Est. $14.07B)
Net Interest Income: $14.0B; DOWN $0.4B YoY
Net Interest Yield: 1.92% (Est. 1.93%) 😐; DOWN 19 bps YoY

Provision for Credit Losses: $1.54B (Est. $1.53B) 😐; UP 25% YoY
Net Charge-offs: $1.53B (Est. $1.5B) 😐; UP 65% YoY
Non-interest Expense: $16.48B (Est. $16.49B 😐); UP 4% YoY

Net Income: $2.7B; DOWN 7% YoY
Revenue: $10.4B; DOWN 1% YoY
Combined Credit/Debit Card Spend: $232B; UP 3% YoY
Consumer Investment Assets: Record $497B; UP 28% YoY

Global Wealth & Investment Management:
Net Income: $1.9B; DOWN 6% YoY
Revenue: $5.76B (Est. $5.63B) ; driven by 14% growth in asset management fees
Client Balances: Record $4.2T; UP 18% YoY
Global Markets:
Sales & Trading (excl. DVA): $4.94B (Est. $4.57B) ; UP 12% YoY
FICC Trading (excl. DVA): $2.94B (Est. $2.77B) ; UP 8% YoY
Equities Trading (excl. DVA): $2.00B (Est. $1.81B) ; UP 18% YoY
Investment Banking:
Revenue: $1.40B (Est. $1.24B)