posted on Oct, 14 2003 @ 09:21 AM
The balloon grows... frighteningly fast...
Bank of America's earnings up 30 percent
By PAUL NOWELL
AP BUSINESS WRITER
CHARLOTTE, N.C. -- Bank of America Corp. said Tuesday that its profits rose more than 30 percent in the third quarter, driven by across-the-board
gains in the bank's major businesses.
Net income totaled $2.92 billion, or $1.92 per share, in the July-September period, up from $2.24 billion, or $1.45 per share, in the third quarter of
The gains exceeded Wall Street's expectations. Analysts surveyed by Thomson First Call projected the bank's profit at $1.69 a share.
In midmorning trading, shares changed hands at $82.29, up 55 cents, on the New York Stock Exchange.
W said something about watching the money... what about watching people right about now?