Yahoo Finance

The company said results for the second quarter of 2013 were driven by year-over-year improvements in net interest income, investment and brokerage income, investment banking fees, sales and trading revenue, equity investment income and credit quality as well as expense reductions. These items were partially offset by the absence of year-ago gains related to liability management actions and lower mortgage banking income. CEO Brian Moynihan said, "We are doing more business with our customers and clients, and gaining momentum across every customer group we serve. We must keep improving, but with the consumer recovering and businesses strong, we have lots of opportunity ahead.”