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Bank of America EPS rises 17% YOY, beating estimates

Bank of America Corp. reported third-quarter net income of $5.6 billion, or 48 cents per share.

The S&P Capital IQ consensus estimate for normalized EPS was 46 cents.

In the third quarter of 2016, BofA reported net income of $5.0 billion, or 41 cents per share.

Details to follow.