11 Most Profitable Companies In America in 2017

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6. Bank of America Corp (NYSE:BAC) – $17.91 billion

Bank of America Corp (NYSE:BAC)’s net income grew by over $2 billion in 2016, hitting $17.91 billion for the year. Total assets grew by a modest $29 billion during the year to reach $2.19 trillion, while total deposits grew by $67 billion during the year. Bank of America Corp (NYSE:BAC)’s efficiency ratio improved to 53% in the fourth quarter of 2016, from 58% a year earlier.

11 Most Profitable Companies In America in 2017

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