Manufacturing Industry
BANK OF AMERICA CORPORATION - 3rd Quarter Results.
PR Newswire UK Disclose, October, 2005
Bank of America Reports Quarterly Earnings of $4.13 Billion, or $1.02 Per
Share
Double-digit revenue growth across all business segments
Investment banking, trading results increase
Efficiency ratio remains below 50 percent
Strong performance in card services
Average retail deposits up 10%
CHARLOTTE, N.C., Oct. 19 -- Bank of America Corporation today reported
that third quarter net income rose 10 percent to $4.13 billion from $3.76
billion a year earlier. Per share earnings increased 12 percent to $1.02 per
share (diluted) from $0.91 per share. Return on average common equity in the
third quarter was 16.33 percent. ...
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