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As markets await the U.S. bank earnings season, Bank of America (BAC) is set to report Q2 results on July 14, with analysts expecting EPS of $1.10 and revenue of $30.26 billion. The stock fell 1.6% on Tuesday ahead of the announcement, according to Benzinga reports.
The release comes amid mixed performance among major bank stocks: BAC closed at $56.98 (close June 30), compared with JPM at $327.33, C at $139.96, and WFC at $82.64, per market data. Analyst estimates point to expected improvement in Q2 earnings, with the market focusing on net interest income and credit quality.
Investors are watching the current stock level near the day's low range ($56.84–$57.75), which could offer support if results beat expectations. The July 14 earnings date remains the key catalyst, with potential for increased volatility in the days leading up to it.
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