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Bank of America's Q2 Earnings Beat Estimates Amid Fed Rate Hikes: What Analysts Are Saying - Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM) - Vimarsana News

Bank of America's Q2 Earnings Beat Estimates Amid Fed Rate Hikes: What Analysts Are Saying - Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM)

Bank of America Corp (NYSE:BAC) on Tuesday issued second-quarter earnings which beat consensus estimates as the company — like all banks — brought in more interest income amid the Federal Reserve's latest rate hike campaign.