Bank of America Q2 earnings weren't without pockets of weakness

Bank of America shares are extending gains after fiscal Q2 EPS of $1.21 beat Street estimates, alongside 15% year-over-year revenue growth to $31.6B. The clear earnings outperformance and accelerating top-line momentum should support near-term sentiment toward the stock.

Analysis

Bank of America shares are extending gains after fiscal Q2 EPS of $1.21 beat Street estimates, alongside 15% year-over-year revenue growth to $31.6B. The clear earnings outperformance and accelerating top-line momentum should support near-term sentiment toward the stock.