Bank of America Reports Q2 GAAP EPS of $1.21, Exceeding Estimates
Bank of America reported second-quarter earnings per share (GAAP) of $1.21, beating estimates by $0.09 and revenue of $31.6 billion that exceeded forecasts by $830 million. The increase in net interest income, sales and trading revenue, asset management fees, and investment banking contributed to the strong performance.
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Topics: banking financials revenue_growth