Empresas y finanzas

Bank of America revenue rises



    (Reuters) - Bank of America Corp on Friday reported second-quarter results.

    Higlights: * Earns $3.2 billion in second quarter

    * Q2 earnings per share $0.33 including items

    * Q2 revenue rose 60 percent to $33.1 billion

    * Says extends more than $211 billion in credit in the second quarter

    * Says enhanced capital strength, tier 1 capital ratio at 11.93 percent

    * Says adds $4.7 billion to credit loss reserves

    * Says the Merrill Lynch integration is on track and meeting expected goals

    * Says the countrywide transition and related cost savings are on track

    * Qtrly provision for credit losses was $13.4 billion, flat with the first

    quarter

    * Says total shareholders' equity was $255.2 billion at June 30

    * Sees to achieve in excess of 40 percent of previously announced goal of about

    $7 billion cost savings in 2009

    * Says non-performing assets were $31.0 billion compared with $25.6 billion at

    March 31, 2009

    * Reuters Estimates Q2 earnings per share view $0.29, revenue view $33,261.65

    million * Qtrly global wealth and investment management net income fell 24 percent

    * Quarterly global wealth and investment management net revenue increased to $4.2

    billion

    * Says tangible common equity ratio was 4.67 percent, up from 3.13 percent at

    March 31, 2009 * Says during the quarter, Bank of America issued 1.25 billion, or $13.5

    billion, of common shares

    * Says provision expense increased to $7.7 billion from a year earlier