Bank of America net income increases 40% in Q1

Bank of America reported positive earnings results in the first quarter including a 40% increase in its net income. However, noninterest income in the consumer banking sector fell, due in part to a drop in mortgage banking income.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s