Bank of America reported second-quarter net earnings of $4,01 billion, or 32 cents a share, on revenues of $22,73 billion.
Bank of America reported for the second quarter of the year net income of $4,01 billion in the second quarter, or 32 cents per share, on revenues of $22,73 billion. The results are better than the expectations of analysts who on average expected profits of 25 cents per share.
In the second quarter, the banking group recorded net impairment losses of $2,11 billion but reported continued improvement in credit quality. The average return on invested capital was 18,64% in the second quarter.
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