Bank of America Corp. on Tuesday said a rise in clients and accounts across its business helped boost its third-quarter profit. The bank’s net income for the three months ended Sept. 30 was up 10% to $7.8 billion, or 90 cents a share, from $7.
1 billion, or 81 cents a share, in the year-ago quarter. The FactSet consensus was for 81 cents a share. Revenue rose to $25.2 billion from $24.5 billion in the year-ago quarter, and was slightly ahead of the FactSet consensus of $25.13 billion. Bank of America stock was up 0.5% in premarket trades.
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