[ad_1]
Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025.
Tom Williams | Cq-roll Call, Inc. | Getty Images
Bank of America reported second-quarter earnings before the opening bell Wednesday.
Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:
- Earnings: 89 cents a share, vs. expected 86 cents per share
- Revenue: $26.61 billion, vs. expected $26.72 billion
Shares of the bank have climbed roughly 5% this year.
On Tuesday, JPMorgan, Citigroup and Wells Fargo each posted results that topped analysts’ expectations for earnings and revenue.
This story is developing. Please check back for updates.
[ad_2]
Source link
