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Bank of America
News & Analysis: Bank of America
Earnings season kicks off with news from some big names.
Bank earnings look quite strong, but not all banks are in the same boat.
The big bank reported a rare revenue miss, but that doesn't tell the full story.
History is not the market's friend in the near term, but it's a big-time ally of long-term investors.
The bank didn't see loan growth explode in the second quarter, but things continue to move in the right direction.
The bank reported elevated expenses for the fourth quarter in a row. It's struggling to eliminate COVID-19 expenses and it dealt with some one-time costs in the quarter.
BAC earnings call for the period ending June 30, 2021.
It's not an easy environment for lenders.
Along with the majority of the banking sector, Bank of America stock recovered in the first half of 2021 after a tough year in 2020 due to the pandemic.