Bank of America's Strong Q2 Earnings Reflect Resilient Consumer and Wall Street Success
TL;DR Summary
U.S. Bancorp reported Q2 Non-GAAP EPS of $1.12, beating expectations by $0.02. The company's revenue of $7.2B also exceeded estimates by $10M. However, the provision for credit losses in Q2 was significantly higher compared to the previous quarter and the same period last year.
- U.S. Bancorp Non-GAAP EPS of $1.12 beats by $0.02, revenue of $7.2B beats by $10M Seeking Alpha
- Bank of America's profits jump 19% on strong Wall Street showing Yahoo Finance
- BofA CEO on strong Q2 earnings, health of the consumer and outlook CNBC Television
- Bank of America Masters Main and Wall Streets Bloomberg
- Bank of America CEO: The consumer is resilient, and here is why Yahoo Finance
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