Assets and earnings at the 25 largest U.S. bank holding companies edged up to new heights during the first quarter, causing some analysts to take a more sunny view of the industry.

As of March 31, total assets among the big banks reached $2.47 trillion, up 3.7% from a year earlier. Net income rose by slightly more than 1% over 1995's first quarter to nearly $6.3 billion, according to the the American Banker's latest quarterly roundup.

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