UpInArms
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Wed Oct-19-05 07:57 AM
Response to Reply #18 |
23. Here's where BoA just made it up in "fees" |
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Bank of America profit up 10 pct on fees, tradinghttp://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2005-10-19T125056Z_01_N19185216_RTRIDST_0_FINANCIAL-BANKOFAMERICA-EARNS-UPDATE-3.XMLNEW YORK, Oct 19 (Reuters) - Bank of America Corp. (BAC.N: Quote, Profile, Research), the No. 2 U.S. bank, on Wednesday said third-quarter profit rose 10 percent, helped by surging credit card fees, investment gains and trading revenue.
Net income for the Charlotte, North Carolina-based company increased to $4.13 billion, or $1.02 per share, from $3.76 billion, or 91 cents, a year earlier.
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