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BofA posts $2.22-billion profit

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Bloomberg
Bank of America Corp reported a third-quarter profit of $2.22 billion, compared with a loss a year earlier, as provisions for credit losses and expenses fell.

The second-largest bank earned 20 cents per share in the three months to September 30, beating the average analyst estimate of 18 cents, according to Thomson Reuters I/B/E/S.

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First Published: Oct 17 2013 | 12:01 AM IST

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