Pre-tax earnings were up on a quarter-over-quarter and year-over-year basis at Bank of America Corp., though not at its mortgage business.

During the first-three months of this year, income before income taxes came to $6.6 billion, better than $5.0 billion in the same period last year.

Earnings at the Charlotte, North Carolina-based financial institution also improved from the final-three months of last year, when the total was $6.1 billion.

Source: Mortgage Daily