Bank of America sees 27% increase in profit in second quarter

BANK OF AMERICA CORP. on Tuesday reported a second-quarter profit of $9.1 billion, a 27% increase from $7.2 billion a year ago. / AP FILE PHOTO/MICHAEL DWYER
BANK OF AMERICA CORP. on Tuesday reported a second-quarter profit of $9.1 billion, a 27% increase from $7.2 billion a year ago. / AP FILE PHOTO/MICHAEL DWYER

CHARLOTTE, N.C. – Bank of America Corp. on Tuesday reported a second-quarter profit of $9.1 billion, a 27% increase from $7.2 billion a year ago, growth that was attributed to massive surges in equity trading and investment banking.  Earnings for the quarter were $1.21 per diluted share compared with 90 cents per diluted share the

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