Bank of America Reports Rise in Profit

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Bank of America Reports Rise in Profit
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Bank of America's first-quarter profit rose to $7.31 billion in the first quarter

Quarterly profit at the Charlotte, N.C.-based bank, the second largest in the U.S. by assets, was $7.31 billion, compared with $6.92 billion a year earlier. Per-share earnings were 70 cents. Analysts polled by Refinitiv had expected 66 cents per share.

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