Industry News

Bank of America profit jumps 10 percent

Real estate loans help drive increased revenue growth
Published on Oct 19, 2005

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by CareyBot

Profits at Bank of America jumped 10 percent in the third quarter of 2005, the company said today. Third-quarter net income rose to $4.13 billion, or $1.02 a share, from $3.76 billion, or 91 cents, a year earlier, Charlotte, N.C.-based ...