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

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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.

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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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