Bank of America Corp (BAC) Earnings Surge Past Expectations

IBTimes
IBTimes
  • 11 years ago
Bank of America Corp. (NYSE: BAC) earnings jumped as the financial institution reported second-quarter results showing the bank earned $3.6 billion in the quarter, up 70 percent from $2.1 billion a year ago. Revenue climbed to $22.9 billion. Analysts polled by Reuters expected the bank to report second-quarter earnings per share of 25 cents on revenue of $22.82 billion. Bank of America rose 1.6 percent in early morning trade.

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