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Business & Economics

Bank of America tops estimates on better-than-expected investment banking, interest income

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Summary
Nutrition label

80% Informative

The company said profit jumped 47% to $6.67 billion , or 82 cents per share, from a year earlier .

Revenue jumped 15% on rising fees from investment banking and asset management and stronger trading results.

Last month , CEO Brian Moynihan told investors that his firm would hit guidance for NII of about $14.3 billion .

VR Score

92

Informative language

98

Neutral language

72

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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