Bank of America Corp.’s first-quarter earnings came in well above analysts’ estimates Tuesday morning before markets opened. The Charlotte, N.C.-based bank says net income increased 40 percent to $4.9 billion, 41 cents per share. Analysts had expected the bank to earn 35 cents per share. The bank’s revenue increased 7 percent to $22.2 billion. And despite higher revenue-related compensation expenses in the first quarter, Bank of America says total expenses remained flat at $14.8 billion. Bank…
from http://www.bizjournals.com/baltimore/news/2017/04/18/bank-of-america-reports-1q-results-well-above.html?ana=RSS%26s=article_search
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