According to Reuters, Bank of America is trading up after beating profit expectations.<br />Their earnings reported showed that cuts to expenses and growth in loans and deposits led to increased revenue.<br />The bank also reported that it's non-interest expense dropped by 5-percent over the second quarter of 2018.<br />Revenue also rose in each of the bank's business segments, except global banking, which was 2-percent due to lower investment banking fees. <br />
