Bank of America (BAC) Tops Q1 EPS by 7c
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Bank of America Reports First-quarter 2015 Net Income of $3.4 Billion, or $0.27 per Diluted Share
April 15, 2015 7:00 AM EDTResults Include $1.0 Billion ($0.06 per Share) in Annual Retirement-eligible Incentive Costs and $0.5 Billion ($0.03 per Share) in Charges to Revenue for Market-related Net Interest Income Adjustments
Continued Business Momentum
Period-end Deposit Balances Increased to Record $1.15 Trillion Originated $17 Billion in First-lien Residential Mortgage Loans and Home Equity Loans Issued 1.2 Million New Credit Cards With 66 Percent Going to Existing Relationship Customers Merrill Edge Brokerage Assets Increased 18 Percent From Q1-14 to $118 Billion Wealth Management Asset Management... More