US EditionBank Of America CEO Highlights Stable Deposits And Healthy Consumers Amid Strong Quarterly Results
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Bank Of America CEO Highlights Stable Deposits And Healthy Consumers Amid Strong Quarterly Results
By Adam Eckert Following Bank of America Corp’s (NYSE: BAC) better-than-expected quarterly results, CEO Brian Moynihan said the bank’s deposits remain stable, and the consumer remains healthy. -> BofA reported second-quarter financial results Tuesday morning. The company said quarterly revenue increased 11% year-over-year to $25.33 billion, which beat estimates of $25.05 billion. BofA reported quarterly earnings of 88 cents per share, which c…
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