Earnings return for Bank of America. The US banking giant announced today that in the third quarter of the year the net income was a positive $5,89 billion. A significant recovery compared to the same period last year, when the institution had recorded a heavy loss of 7,65 billion.
Again between July and September, funding rose from 25,94 billion to 28,7 billion. As for theearnings per share was 56 cents, more than double the average forecast by analysts, which did not go beyond 20 cents. However, the group suffered heavy declines in the stock market in recent months: compared to a year ago, prices have more than halved.
