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Bank of America Corporation (NYSE:BAC) will release earnings results for the third quarter, before the opening bell on Wednesday, Oct. 15.
Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at 95 cents per share, up from 81 cents per share in the year-ago period. Bank of America projects quarterly revenue of $27.38 billion, compared to $25.34 billion a year earlier, according to data from Benzinga Pro.
On Sept. 30, Bank of America said it has rolled out a generative AI tool to support its Global Payments Solutions team, which serves over 40,000 business clients worldwide..
Shares of Bank of America fell 2.3% to close at $48.65 on Friday.
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Posted In: BAC