https://www.live-feeds.com/feed/bank-of-america-q3-profit-tumbles-17-as-deals-trading-revenue-fallContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/bank-of-america-q3-profit-tumbles-17-as-deals-trading-revenue-fallhttps://www.live-feeds.com/feed/bank-of-america-q3-profit-tumbles-17-as-deals-trading-revenue-fall#u129408Sat, 17 Oct 2026 21:45:31 +0000Bank of America reported a 17% year-over-year decline in third-quarter profit, missing estimates due to a $1.2 billion Treasury penalty and weak trading revenue. The fine stems from money laundering compliance failures and anti-money laundering flaws. While higher lending income provided some offset, the combined impact of the regulatory charge and a slowdown in Wall Street operations drove shares to their worst daily performance since 2025. The company has lost $30 billion in market value as a result of these revealed lapses.Why it mattersTreasury fines for compliance failures typically signa