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Bank of America Merrill Lynch beats Wall Street forecasts with record second-quarter earnings
1 month ago | By Business Insider
Bank of America Merrill Lynch reported record second-quarter earnings Wednesday that beat analysts' profit expectations.
Watch Bank of America Merrill Lynch trade live .
Bank of America Merrill Lynch posted a record $0.74 in second-quarter earnings per share, outpacing the $0.71 expected by Wall Street analysts surveyed by Bloomberg. Revenue and net income rose in the consumer banking and global wealth and investment management divisions, but fell in the global banking and global markets segments.
Here are the key numbers:
Adjusted net income: $7.35 billion versus the $6.81 billion...
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Bank of America is set to report second-quarter earnings - here's what the Street expects
1 month ago | By CNBC
Analysts and investors are keen to find out how looming interest rate cuts will impact the second biggest U.S. lender by assets.
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