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Bank of America Corporation (BAC) reported earnings for its second quarter that climbed from last year.


RTTNews | Jul 14, 2021 06:51AM EDT

06:48 Wednesday, July 14, 2021 (RTTNews.com) - Bank of America Corporation (BAC) reported earnings for its second quarter that climbed from last year.

The company's earnings totaled $8.96 billion, or $1.03 per share. This compares with $3.28 billion, or $0.37 per share, in last year's second quarter.

Analysts had expected the company to earn $0.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.9% to $21.47 billion from $22.33 billion last year.

Bank of America Corporation earnings at a glance:

-Earnings (Q2): $8.96 Bln. vs. $3.28 Bln. last year.-EPS (Q2): $1.03 vs. $0.37 last year.-Analysts Estimate: $0.77-Revenue (Q2): $21.47 Bln vs. $22.33 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3208962/bank-of-america-corporation-reports-increase-in-q2-profit.aspx)

For comments and feedback: contact editorial@rttnews.com

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