Bank of America Rides the Rebound in Financial Sector, With Strong Revenues and Earnings

Bank of America Rides the Rebound in Financial Sector, With Strong Revenues and Earnings
A Bank of America customer uses an ATM at a Bank of America branch office in San Francisco on July 14, 2021. Justin Sullivan/Getty Images
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Business Analysis

Bank of America (BOA) joined the ranks of large U.S. banks benefiting from a rebound in the banking industry, reporting solid earnings and revenues across every business segment.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”