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Bank of America Corporation Q1 Income Advances

Bank of America Corporation (BAC) announced earnings for its first quarter that increased from last year.

The company's earnings came in at $6.49 billion, or $0.62 per share. This compares with $4.83 billion, or $0.45 per share, in last year's first quarter.

The company's revenue for the quarter rose 4.1% to $23.1 billion from $22.2 billion last year.

Bank of America Corporation earnings at a glance:

-Earnings (Q1): $6.49 Bln. vs. $4.83 Bln. last year.
-EPS (Q1): $0.62 vs. $0.45 last year.
-Revenue (Q1): $23.1 Bln vs. $22.2 Bln last year.

by RTTNews Staff Writer

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