Bank of America Corp. said Thursday its second-quarter earnings rose 5 percent, helped by growth in fee income.
Net income at the No. 2 U.S. bank by assets climbed to $5.76 billion, or $1.28 per share, from $5.48 billion, or $1.19 per share, a year ago.
The Charlotte-based bank's revenue grew 8 percent to $19.96 billion from $18.52 billion last year.
Analysts estimated earnings of $1.20 per share on revenue of $18.58 billion, according to a poll by Thomson Financial.
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