Manufacturing Industry

BANK OF AMERICA CORPORATION - 1st Quarter Results.

PR Newswire UK Disclose, April, 2007 

 
   Bank of America Reports First Quarter Earnings Per Share Rose 8 Percent 
 
                      Solid business momentum continues 
 
                          Noninterest income up 10% 
 
                      Loans continue double digit growth 
 
    CHARLOTTE, N.C., April 19 -- Bank of America Corporation today reported net 
income rose 5 percent in the first quarter of 2007 to $5.26 billion from $4.99 
billion a year earlier. Diluted earnings per share increased 8 percent to $1.16 
from $1.07. Return on average common shareholders' equity was 16.16 percent. 
    Excluding pretax merger and restructuring charges of $111 million, equal 
to 1 cent per share, the company earned $5.33 billion, or $1.17 per share, in 
the first quarter. A year earlier merger and restructuring...

            
        
    
    	    
                
                
	

		

					 
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