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Bank of America Q2 revenue fails Street estimates

Bank of America (NYSE: BAC) reported second-quarter 2021 financial results before the regular trading hours on Wednesday.

The banking giant reported Q2 revenue of $21.47 billion, a decline of 4% year-over-year and lower compared to analysts’ estimate.

The company reported a net income of $9.2 billion or $1.03 per share, compared to $3.5 billion or $0.37 per share.

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