Categories AlphaGraphs, Earnings, Finance
Bank of America stock falls on revenue slip in Q3: Infographic
Bank of America (NYSE: BAC) reported third-quarter 2020 financial results before the opening bell on Wednesday. The banking giant reported an 11% decline in Q3 revenues to $20.45 billion, slightly missing the Wall Street consensus. Earnings of $0.51 per share were, meanwhile, stronger than what analysts had anticipated.
BAC shares fell 1.7% immediately following the announcement. The stock has slipped 28% since the beginning of this year.
CEO Brian Moynihan said, “Our Wealth Management business showed once again why it is an industry leader in providing timely advice and guidance to clients, and our Global Banking and Global Markets businesses continued to support the global economy by helping clients raise capital, manage risk and increase liquidity.”
Prior performance
Bank of America 
Most Popular
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products
