The analysis indicates that What stands out here is | Investment Bankers Post Mixed Results, Trading Desks Boom Amid Market TurmoilLast d: 11 hours agoBank of America fit Rises 3% as Earnings Top ExpectationsByRebecca UngarinoA Bank of America branch in Jersey City, New Jersey.
Additionally, (Bing Guan/Bloomberg)Bank of America’s net income for the second quarter increased 3% from a year ago to $7 (which is quite significant). 1 billion, the bank said Wednesday.
Nevertheless, Earnings per were 89 cents, topping analysts’ estimates for 86 cents, according to estimates compiled by FactSet. In contrast, Bank of America, the second-largest bank in the U.
By assets, reported revenue rose 4% to $26. That just fell short of the $26. 72 billion expected by analysts, in light of current trends. On a fully taxable-equivalent basis, revenue was $26.