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BofA Net Interest Margin Unexpectedly Tumbles, As Lower Rates Add To Woes

Bank of America reported an 8% increase in net income, which rose to $7.3BN from a year ago, resulting in EPS of $0.74, better than the $0.71 expected even as revenue of $23.1BN, up 2% on the year, came just short of the $23.25 expected.
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