It seems that the after recession, Bank of America Corp. has become the most impressive performer among the banks in US. It has registered an excellent first quarter growth in 2010.

The Bank of America Corp. has posted the first quarter earning of $3.2 billion. The Bank has recently published its financial report. It has also managed to get a hike of 28% in per share earning. This figure was much larger then the expected earning.

It was estimated that the Bank could have at most per share earning increase of 18%. However, the earnings were down as compared to the same quarter in the preceding year.

Market experts believe that the purchase of Merrill Lynch has helped the BoA to post such a remarkable profit record. The North Carolina-based Bank had bought out Merrill Lynch at the time of deep recession. Moreover, such aggressive report indicates that the other biggies in the banking sector of US like JP Morgan, Chase & Co. will also have a striking figure for the same period of time.