Bank of America (BAC) Q3 Earnings and Revenues Beat Estimates

Core Insights - Bank of America reported quarterly earnings of $1.06 per share, exceeding the Zacks Consensus Estimate of $0.94 per share, and up from $0.81 per share a year ago, representing an earnings surprise of +12.77% [1][2] - The company generated revenues of $28.09 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.96% and increasing from $25.35 billion year-over-year [2] - Bank of America has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The immediate price movement of Bank of America shares will largely depend on management's commentary during the earnings call [3] - The current consensus EPS estimate for the upcoming quarter is $0.97 on revenues of $27.29 billion, and for the current fiscal year, it is $3.69 on revenues of $108.38 billion [7] Industry Context - The Financial - Investment Bank industry, to which Bank of America belongs, is currently ranked in the top 14% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]