BUZZ - Bank of America Group's Q3 earnings exceed expectations, stock price rises
路透社2026/10/15 19:11October 15 - ** U.S. Bancorp USB.N shares rose 2% in afternoon trading to $57.40
** According to data compiled by London Stock Exchange Group (LSEG), the company reported quarterly net profit of $2.2 billion, above analysts’ estimate of $2.06 billion
** However, net interest income for the third quarter was $4.47 billion, below analysts’ expectation of $4.49 billion
** Of 24 brokerages, 15 rate the stock as “buy” or higher, 8 recommend “hold”, and 1 recommends “sell”; the median target price is $68
** The stock's current price-to-earnings ratio is 9.88 times forecast earnings per share for the next 12 months, below the industry median of 10.02 times
** Including gains for the day, USB has risen over 7% so far this year
(To facilitate non-native English speakers, Reuters has automated the translation of its reports into several other languages. As automated translations may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the translated texts, which are provided solely for reader convenience. Reuters assumes no responsibility for any damages or losses incurred from the use of automated translation functionality.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. commercial crude oil inventories fell more than expected, with distillate inventories also declining and gasoline unexpectedly rising.
According to EIA data released on Thursday, for the week ending October 9, U.S. commercial crude oil inventories decreased by 8.6 million barrels to 415.6 million barrels, about 3% below the five-year average for the same period. Crude oil production fell by 300,000 barrels per day, and imports dropped by 791,000 barrels per day. Refinery crude runs increased by 135,000 barrels per day. Gasoline inventories rose by 3.5 million barrels, exceeding expectations, while distillate fuel inventories (including diesel and heating oil) decreased by 2.5 million barrels. The decline in crude inventories was mainly due to production shutdowns and reduced imports caused by a Gulf of Mexico hurricane.

Nasdaq: Network failure at New Jersey facility caused data feed interruption, service resumed same day
On Thursday, the Nasdaq Stock Exchange experienced a network outage, resulting in intermittent data feed failures across its three major U.S. equity markets: Nasdaq, Nasdaq Texas, and Nasdaq PSX. The disruption began at 11:27 a.m. Eastern Time and was traced back to the data center in Carteret, New Jersey, where both primary and backup data sources were affected. Nasdaq quickly directed clients to switch to the backup data source in Chicago and announced the restoration of normal operations at 2:25 p.m.

Resend-BUZZ-Preview: Travelers expects quarterly revenue to decline slightly