15 Oct 2025 | 5 Mins Read
Bank of America Q3 profits surge to $8.5 billion, shares rise 4.8%
Flipitmoney
Bank of America's profit rose in the third quarter, driven by increased investment banking fees from advising on megadeals and boosted net interest income. Investment banking fees rose 43% to $2 billion, while net interest income rose 9% to $15.2 billion. The bank reported a net income of $8.5 billion, or $1.06 per share, a significant increase from a year earlier.