Bank of America Q2 Loans And Deposits Grow, Efficiency Ratio Increases To 64.58%

Why is Trump unlikely to fire Fed Chair Powell? How did Nvidia’s AI chip sales impact profits? What caused Couche-Tard to drop $47B 7-Eleven bid? Why did US Senate approve $9B spending cuts? How are tariffs affecting US inflation and prices? Why is American investment in China declining? What’s behind Bitcoin’s price drop amid crypto bills?

Bank of America Q2 Loans And Deposits Grow, Efficiency Ratio Increases To 64.58%

benzinga.com/markets/earnings/25/07/46441436/bank-of-america-q2-loans-and-deposits-grow-efficiency-ratio-increases-to-64-58

Bank of America Corp (NYSE:BAC) reported second-quarter fiscal 2025 net income of $7.1 billion (versus $6.9 billion a year ago) and EPS of $0.89, beating the analyst consensus estimate of $0.87.
Revenue, net of interest expense, increased 4% year-over-year (Y/Y) to $26.5 billion, missing…

This story appeared on benzinga.com, 2025-07-16 13:21:03.