Bank of America Posts Record Q2 Earnings, Analyst Says It Will Grow Further as Yield Curve Steepens
Shares of Bank of America Corp (NYSE: BAC ) rose in early trading on Wednesday, after the release of fiscal second-quarter results. The company’s core low-cost deposit base is expected to drive healthy growth over the next 12-months as the yield curve steepens, according to RBC Capital Markets. The Bank of America Anal