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Benzinga
Benzinga
Business
Anusuya Lahiri

Bank Of America's Q2 Results 'Better Than Feared', Says Analyst

Massachusetts,,Usa,-,26,July,2024.,Bank,Of,America,Logo

Bank of America Corp. (NYSE:BAC) delivered second-quarter fiscal 2025 results that largely surpassed expectations, with reported earnings per share aligning with consensus estimates.

The financial giant showcased resilience through stronger core fees and stable operating efficiency despite slightly lower net interest income (NII). Goldman Sachs views these results as “better than feared.”

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