Bank of America Q2 EPS USD0.32, beats expectations of USD0.26

Bank of America, the second largest U.S. bank, reported better-than-expected second quarter earnings ahead of Wednesday’s opening bell, sending its shares higher in pre-market trade.

Earlier in the day, in its second quarter earnings report, Bank of America said earnings per share came in at USD0.32, above expectations for USD0.26.

The bank’s first quarter adjusted revenue totaled USD22.73 billion, broadly in line with expectations for revenue of USD22.71 billion.

Immediately after the earnings announcement, Bank of America shares rose 0.6% in trading prior to the opening bell.

Meanwhile, U.S. stock futures pointed to a steady open. The Dow Jones Industrial Average futures indicated a flat open, S&P 500 futures were little changed, while the Nasdaq 100 futures indicated a gain of 0.1% at the open.