Bank of America execs tout ‘responsible growth’ as bank hits sweet spot


For Bank of America Corp. (NYSE: BAC), it's onward and upward. The nation's second-largest bank released its first-quarter earnings results Monday morning, reporting a record net income of $6.9 billion, or 62 cents in diluted earnings per share.

First-quarter revenue came in at $23.1 billion, an increase of 13% from the fourth quarter of 2017 and an increase of 4% from a year ago.

Chief Executive Brian Moynihan again referenced the mantra of "responsible growth" as the reason for BofA's continued…

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