Bank of America is expected to report Q2 earnings on July 14, with analysts projecting EPS of $1.10 and revenue of $30.26 billion. BAC stock fell 1.6% on Tuesday ahead of the announcement. The SEC fined BAC subsidiary Merrill Lynch $7.5 million for delayed suspicious activity reporting. BAC's projected losses in the Federal Reserve's stress test are considered modest relative to its $3 trillion in market assets.
Bank of America is set to report Q2 results on July 14 before the bell, as investors eye the sustainability of its investment banking growth.
Read the full storyInvestors eye Bank of America's July 14 results as analysts forecast $1.12 EPS and raise price targets amid sector optimism.
Bank of America is projected to report revenue of $30.50B and EPS of $1.11 in its upcoming financial release scheduled for July 14th.
Bank of America prepares for its July 14 earnings release while managing a $7.5 million SEC fine against its Merrill Lynch unit for compliance failures.
Investors await Bank of America's Q2 earnings report on July 14, with analysts projecting EPS of $1.10 and revenue of $30.26 billion, while the stock slipped 1.6% ahead of the release.