📰 $BAC RESULTS: Q3 🔸 Net interest income FTE $14.11B, EST $14.07B 🔸 Trading revenue excluding DVA $4.94B, EST $4.57B 🔸 FICC trading revenue excluding DVA $2.94B, EST $2.77B 🔸 Equities trading revenue excluding DVA $2.00B, EST $1.81B 🔸 Wealth & investment management total revenue $5.76B, EST $5.63B 🔸 Revenue net of interest expense $25.35B, EST $25.27B 🔸 Provision for credit losses $1.54B, EST $1.53B 🔸 Return on average equity 9.44%, EST 9.01% 🔸 Return on average assets 0.83%, EST 0.78% 🔸 Return on average tangible common equity 12.8%, EST 12.2% 🔸 Net interest yield 1.92%, EST 1.93% 🔸 Basel III common equity Tier 1 ratio fully phased-in, advanced approach 13.5%, EST 13.5% 🔸 Standardized CET1 ratio 11.8%, EST 11.9% 🔸 Compensation expenses $9.92B, EST $9.9B 🔸 Investment banking revenue $1.40B, EST $1.24B 🔸 Net charge-offs $1.53B, EST $1.5B 🔸 Loans $1.08 trillion, EST $1.07 trillion 🔸 Total deposits $1.93 trillion, EST $1.93 trillion 🔸 Non-interest expenses $16.48B, EST $16.49B