BAC Q2 2007

--tot rev up 8% to 19.96 bil --noninterest income rose 17% to 11.18, driven by increase in equity investment gains, other income, investment bankign and service charges --segments (drivers) ---a.consumer bank, up 5% to 11.9 bil (55% of tot rev) ---b.investment banking, up 9% to 5.8 bil (20%) driven by capital markets nd advisory servies. It is inline with other banks ---efficiency ratio = non interest expense / (net interest income + non interet income) Analysis --similar to ML and JPM, it benefit from investment banking a lot