bank of america corp bac stock rose about 3 in premarket trades after it posted strongerthanexpected firstquarter profit bank of america reported a 15 increase in net income to 82 billion or 94 cents a share from 71 billion or 80 cents a share in the yearago quarter the company beat the analyst forecast of 81 cents a share according to estimates compiled by factset bank of america said its revenue increased 13 to 263 billion ahead of the analyst estimate of 2516 billion bank of america said its firstquarter net interest income moved up by 25 to 144 billion due to “benefits from higher interest rates and solid loan growth” end of period deposit balances declined 20 billion or 1 to 19 trillion compared to the previous quarter with average deposits down 152 billion or 7 to 19 trillion