Bank of America, the second-largest U.S. bank by assets, has been a beneficiary of the industry's recent tailwinds.
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Bank of America
on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and equities trading.
Here’s what the company reported:
The company said profit rose 12% to $7.6 billion, or 98 cents per share, from a year earlier. Revenue rose 7.1% to $28.53 billion.
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