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Wednesday, July 14, 2021

Bank of America Stock Is Down. Earnings Weren't All Good. - Barron's

Bank earnings season continues with Bank of America, the latest of the big banks to deliver a mixed bag of results.

Bank of America, the second-largest bank by assets in the U.S., saw revenue decline 4% to $21.5 billion from the year-ago quarter due to the impact of low interest rates and a drop in trading activity. Analysts surveyed by FactSet were expecting revenue of $21.8 billion.

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