BofA Earnings Beat

Bank of America beat Q1 estimates with EPS of $1.11 and revenue of $30.43B, up 7.2% year over year. Net income rose 17% to $8.6B, its highest EPS in nearly two decades. Equities trading jumped 30% to $2.83B, driving the strongest trading quarter in 15 years. Investment banking revenue rose 21% to $1.8B. Net interest income grew 9% to $15.9B.