BofA posts earnings of 66 cents per share, beating the 62 cent estimate of analysts surveyed by Refinitiv.
The bank's provision for credit losses decreased by $118 million to $716 million, well below the $964.2 million estimate.
The firm's net interest margin, a widely watched measure of profitability, rose 4 basis points to 2.42 percentage points, beating the analyst estimate by 1 basis point.
https://www.cnbc.com/2018/10/15/bank-of-america-earnings-q3-2018.html
Submitted October 15, 2018 at 07:51AM by NineteenEighty9 https://ift.tt/2RQIdeU
