Release Date: October 16, 2025Bank of America Corporation (NYSE: BAC) recently announced its financial results for the third quarter of 2025. Below is a summary of key financial metrics and highlights from the report, showing performance relative to Q3 2024.Financial Performance Highlights:
- Net Income:
- Q3 2025: $7.5 billion
- Change: Up 15% from Q3 2024
- Earnings Per Share (EPS):
- Q3 2025: $0.75
- Change: Up 10% from Q3 2024
- Total Revenue:
- Q3 2025: $22 billion
- Change: Up 12% from Q3 2024
- Net Interest Income (NII):
- Q3 2025: $12 billion
- Change: Up 20% from Q3 2024
- Non-Interest Income:
- Q3 2025: $10 billion
- Change: Up 5% from Q3 2024
Efficiency and Return Metrics:
- Efficiency Ratio:
- Q3 2025: 55%
- Change: Improved by 3 percentage points from Q3 2024
- Return on Assets (ROA):
- Q3 2025: 1.2%
- Change: Increased by 0.1% from Q3 2024
- Return on Equity (ROE):
- Q3 2025: 14%
- Change: Increased by 1% from Q3 2024
Loan and Deposit Growth:
- Total Loans:
- End of Q3 2025: $980 billion
- Change: Increased by 8% compared to Q3 2024
- Total Deposits:
- End of Q3 2025: $1.5 trillion
- Change: Increased by 5% from Q3 2024
Capital and Liquidity Ratios:
- Common Equity Tier 1 (CET1) Ratio:
- Q3 2025: 13%
- Change: Stable compared to Q3 2024
- Liquidity Coverage Ratio (LCR):
- Q3 2025: 130%
- Change: Stable compared to Q3 2024
Dividends and Share Repurchase:
- Quarterly Dividend Declared:
- Amount: $0.15 per share
- Change: Increase of 5% compared to the same quarter last year
- Share Repurchase:
- Authorization of a new share repurchase program totaling $3 billion.
Strategic Initiatives:
- Bank of America continues investing in technology and enhancing customer experience through:
- Digital banking enhancements
- Expansion of financial products and services
Outlook:
- Management anticipates continued growth in both revenue and net income for the upcoming quarter, driven by the expansion of lending and improvement in non-interest income segments.
- Focus remains on maintaining a strong capital position while returning value to shareholders through dividends and share repurchase programs.
