Bank of America, the second in terms of assets American bank, according to the results of the third quarter, reported an increase in net profit by 33.3% in annual terms to $7 billion 200 million. Calculated per share, the bank's profit was 66 cents, while experts had predicted 62 cents. Quarterly revenues reached $22 billion 800 million, an increase of 4.6%. According to economists, revenues were expected at $22 billion 700 million. The bank increased interest income by 6% to $11 billion 900 million due to higher interest rates, a 4% increase in deposits and loans in the amount of $29 billion.
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