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Bank of America tops estimates on better-than-expected trading revenue

Bank of America topped analyst estimates for third-quarter profit and revenue on better-than-expected trading results.

Here's what the company reported:

Earnings: 81 cents vs. 77 cents LSEG estimate

81 cents vs. 77 cents LSEG estimate Revenue: $25.49 billion vs. $25.3 billion estimate

Revenue rose less than 1% to $25.49 billion as gains in trading revenue, asset management and investment banking fees offset a decline in net interest income.

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