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Reuters

Reuters

BofA profit drops on weaker interest income

Reuters
Summary
Nutrition label

81% Informative

BofA 's net interest income ( NII ) fell 3% to $14 billion in the third quarter from a year earlier .

CEO Brian Moynihan called the earnings "solid," citing growth in investment banking, asset management fees, and sales and trading revenue.

Shares of the bank rose 1.4% in premarket trading.

VR Score

93

Informative language

99

Neutral language

68

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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