Bank of America beat analysts’ expectations for its second-quarter earnings Wednesday but missed revenue forecasts, CNNMoney reported Wednesday.
The nation’s second-largest bank by assets reported net income $2.5 billion, or 19 cents per share, with revenue coming in at $22.2 billion.
Analysts had expected Bank of America to generate 14 cents per share on $22.9 billion of revenue.
The bank got a big boost from lending, which increased for the sixth straight quarter.
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