Keeping up with the Q2 earnings trend of
The period also saw the Wall Street giant endure another drop in advisor headcount,
Bank of America reported $6.2 billion in net income in the second quarter, representing a 32% percent decrease from the $9.2 billion reported a year ago, according to
“Our U.S. consumer clients remained resilient with continued strong deposit balances and spending levels. Loan growth continued across our franchise and our markets teams helped clients navigate significant volatility reflecting economic uncertainty,” Bank of America Chairman and CEO Brian Moynihan said in a statement.
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