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Benzinga
Benzinga
Business
Adam Eckert

Why Bank of America Shares Are Rising Today

Bank Of America Corp (NYSE:BAC) is trading higher Wednesday morning after the company announced better-than-expected fourth-quarter earnings results.

Bank Of America reported quarterly earnings of 82 cents per share, which beat the estimate of 76 cents per share, representing an increase of 28% year-over-year. The company reported quarterly revenue of $22.1 billion, up 10% year-over-year.

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