Bank of America posts revenue beat despite quarterly earnings miss


Shares of Bank of America opened higher Monday despite second quarter earnings that came in below Wall Street expectations.  The second largest U.S. bank by assets said profit fell to $6.2 billion, or 73 cents per diluted share, compared to $9.2 billion, or $1.03 per share, during the same period a year ago. Economists surveyed by Refinitiv were expecting earnings of 75 cents per share.  Reven...

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