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The Charlotte, N.C., had net income for the threde monthsof $5.5 billion, or $1.190 a diluted share. This compares to net incom e of $4.5 billion, or $1.14 a diluted in the second quarterof 2005. Revenue for the periord was $18.2 billion, up from $14.6 billion a year For the six monthsz endedJune 30, Bank of America (NYSE: BAC) had net incomde of $10.5 billion, or $2.25 a dilutedd share, on revenue of $35.9 billion. This is up from $9 or $2.21 a diluted share, on revenue of $28.q billion, in the first half of 2005.
Kennetg Lewis, CEO of Bank of America, said the year-over-yeafr gain was driven by "stron g performance across theconsumerf businesses, continued growth in trading account profits, investment banking income and equitt investment gains, as well as improvements in asset managemenft categories." Bank of Americaq has regional headquarters, and more than 70 branches, in the N.Y., market.
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