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Tony Webster
Diluted earnings per share for the period were $0.8 compared with $0.86 in the first quarter a year ago. Revenue net of interest expense was $23.228 billion, up 1.7 percent from a year ago.
Analysts had expected earnings per share of $0.75 and revenue of $23.18 billion.
Net interest income for the quarter, meanwhile, rose 13.5% year over year to $11.572 billion.
In premarket trading, shares of Bank of America are up 0.88% after the report.
"First-quarter results were good despite the volatility," commented Alastair Borthwick, the bank's chief financial officer.
source: cnn.com
Analysts had expected earnings per share of $0.75 and revenue of $23.18 billion.
Net interest income for the quarter, meanwhile, rose 13.5% year over year to $11.572 billion.
In premarket trading, shares of Bank of America are up 0.88% after the report.
"First-quarter results were good despite the volatility," commented Alastair Borthwick, the bank's chief financial officer.
source: cnn.com
