Net Income News
Shares of the company, whose competitors include IBM Corp and India's Infosys Ltd and Tata Consultancy Services, were up 2.1 percent in premarket trading.
The bank`s net income rose to $5.91 billion, or $1.45 per share, in the first quarter ended March 31, from $5.27 billion, or $1.28 per share, a year earlier.
The Business sentiment has improved of late and the bank is already experiencing a meaningful pick up in transaction activity.
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