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Bank of America Exceeds Q2 Forecasts with Strong Profit Growth

Bank of America reported a 27% jump in second-quarter profit, surpassing forecasts as revenue climbed. CEO Brian Moynihan attributed the strong performance to a 'healthy economic backdrop' and a resurgence in stock trading and dealmaking.

14 Jul, 14:26 — 14 Jul, 17:41
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Source Diversity

Moderate (46/100)
3 sources25/33
Spectrum spread3/5 buckets covered17/33
Far L
Left1
Left (1)
Yahoo
Center1
Center (1)
bloomberg
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity1 region4/34
US3
All sources from US region