Bank of America is the number-two bank in the U.S. based on assets. The bank recently reported their third-quarter earnings and the numbers were impressive. Earnings per share were $0.41, compared to $0.36 in the previous quarter, and revenue increased by three percent to $21.3 billion. This was in part due to cost cutting across the board. (Source: " Bank of America Reports Q3-16 Net Income of $5.0Billion, EPS of $0.41, " Bank Of America Corp, last accessed October 18, 2016)