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Bank of America is set to report second-quarter earnings — here's what the Street expects

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Analysts and investors are keen to find out how looming interest rate cuts will impact the second biggest U.S. lender by assets.

Analysts expect Bank of America to report profit of 71 cents a share, a 12.3% increase from a year earlier, according to Refinitiv.Bank of America's fixed income operations may generate $2.1 billion, and equities $1.22 billion.is scheduled to report second-quarter earnings before the opening bell Wednesday.Earnings: 71 cents a share, a 12.3% increase from a year earlier, according to Refinitiv.Net interest margin: 2.

That's what analysts and investors are keen to find out when the second biggest U.S. lender by assets reports second-quarter results.

 

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