Market Blog

Bank of America reports Q2 revenues

BAC– Bank of America Corp is a financial institution. BAC– Bank of America Corp Fundamentals Previously closed at 13.66 Day's high 13.95 Day's low 13.82 P/E ratio 10.90 EPS 1.27   Analysts opinion With a P/E of 10.90, BAC is attractively placed, being closer to its 52-week low. Today it announced Q2 revenues, reporting a $0.19 drop of profits. The banking sector has been struggling due to lower interest rates.