Bank of America (NYSE:BAC) reported quarterly earnings of $1.11 per share which beat the analyst consensus estimate of $1.00 by 11 percent. This is a 23.33 percent increase over earnings of $0.90 per share from the same period last year. The company reported quarterly sales of $30.272 billion which beat the analyst consensus estimate of $29.931 billion by 1.14 percent. This is a 10.04 percent increase over sales of $27.511 billion the same period last year.