Investing.com - (NYSE:Bank of America) reported a 48% increase in Q4 EPS to $0.40 vs. estimate of $0.38.
Revenues in the quarter were up 2% at $20 bn vs. forecast of $20.83 bn.
Net interest income was up 6% at $10.3 bn reflecting higher interest rates and growth in loans.
The return on average tangible common equity was 9.9%.
Bank of America shares were up 0.57% at $23.07 in pre-market trade.