Bank of America puts up mixed results
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Auteur :
B.C. BegleyPublié le :
17/07/2025Description :
Bank of America reported mixed Q2 results, beating earnings expectations with 89 cents per share but missing on revenue at $26.61 billion. Profit rose 3% to $7.12 billion. Net interest income increased 7% but came in below forecasts. Trading revenue was strong, with fixed income beating estimates, while equities trading was slightly below expectations. Investment banking fees fell 9% but topped analyst projections, CNBC has reported. Shares were up about 5% for the year before the results.
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