9:39 ET -- Bank of America Corp. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Bank of America said Monday that it topped earnings and revenue estimates. The bank said its third-quarter net income fell to $7.08 billion, or 81 cents a share, from $7.69 billion, or 85 cents a share, in the year-ago quarter. Revenue increased 8%, to $24.5 billion. Analysts polled by FactSet were looking for Bank of America to earn 78 cents a share on revenue of $23.54 billion. Bank of America shares were up 6%, to $33.67, at 9:35 a.m. ET. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

October 17, 2022 09:54 ET (13:54 GMT)

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