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booming-bank-profits-add-another-layer-to-wall-street-rally
Booming Bank Profits Add Another Layer to Wall Street Rally

Booming Bank Profits Add Another Layer to Wall Street Rally

Last updated: October 16, 2025 3:48 am
By Andrew Moran
0 Min Read
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Booming Bank Profits Add Another Layer to Wall Street Rally

A Bank of America branch in New York City on Jan. 10, 2017. Stephanie Keith /Reuters

Big banks are reporting big profits in the thick of the third-quarter earnings season, adding another layer to the record Wall Street rally.

Bank of America topped market expectations on Oct. 15, reporting a 23 percent year-over-year increase in profits to $8.5 billion, or $1.06 a share.

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