bank of america corp bac shares rose 24 in premarket trades monday after the megabank topped earnings and revenue estimates the bank said its thirdquarter net income fell to 658 billion or 81 cents a share from 726 billion or 85 cents a share in the yearago quarter revenue increased 8 to 245 billion bank of america was expected to earn 78 cents a share on revenue of 2354 billion according to estimates compiled by factset net interest income rose to 1377 billion from 1109 billion our us consumer clients remained resilient with strong although slower growing spending levels and still maintained elevated deposit amounts ceo brian moynihan said shares of bank of america are down 288 in 2022 compared to a 248 drop by the sp 500 spx and a loss of 206 by the financial select spdr fund xlf 