Bank of America Corp.’s first-quarter profit rose as a healthy U.S. economy led to a strong performance in its massive consumer business. Quarterly profit at the Charlotte, N.C.-based bank, the second largest in the U.S. by assets, was $7.31 billion, compared with $6.92 billion a year earlier. Per share, earnings were 70 cents. Analysts polled by Refinitiv had expected 66 cents a share. First-quarter...

Source: Wall Street Journal April 16, 2019 11:06 UTC