Shares of Bank of America Corp.
BAC, + 2.02%
rose 1.8% in premarket trading on Wednesday, after the bank reported a third-quarter profit that fell less than expected, while revenue surprisingly increased as consumer and global bank and wealth and investment management revenues increased to offset a slight decline in revenues in global markets. Net income fell to $ 5.78 billion, or NOK 56 per share, from $ 7.17 billion, or SEK 66 a share, in the previous year. Total revenues rose to $ 22.81 billion from $ 22.72 billion, while the FactSet consensus was down to $ 22.58 billion. Net interest income grew to $ 1
DJIA, + 0.89%
has gone 1.1%.