Bank of America shares jump 4% after saying net interest income rebound is coming

  • Here’s what they reported: Earnings of 83 cents a share vs. 80 cents a share estimate.
  • Revenue of $25.54 billion vs. $25.22 billion estimate.
  • The firm said net interest income would rise to about $14.5 billion later this year, giving investors confidence that a turnaround is under way.

Bank of America (BAC) earnings Q2 2024 (cnbc.com)

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