Bank of America - 3Q2015 net loss of $ 4.07bn , against a loss of $ 470 billion YoY , beating estimates . Revenue , however , fell 40 % to $ 20.9bn YoY. Overall a stronger - than - expected 3Q , giving its chairman and CEO , Brian Moynihan a much - needed win , as he tries to guide the firm to steadier growth and bigger profits .
Bank of America - 3Q2015 net profit of $4.07bn, against a loss of $470m YoY, beating estimates. Revenue, however, fell 2.4% to $20.9bn YoY. Overall a stronger-than-expected 3Q, giving its Chairman and CEO, Brian Moynihan a much-needed win, as he tries to guide the bank to steadier returns and bigger profits.