Is The Market Missing Bank Of America's Strong Earnings Growth?
1. Bank of America reports Q2 net income of $7.1 billion, beating expectations. 2. Strong loan growth and asset management fees boost performance despite lower investment banking fees. 3. Analysts maintain positive ratings, predicting significant upside potential for BAC stock. 4. NII growth projected at 6-7% Y/Y, outperforming peer banks' average of 4%. 5. BAC's Q2 capital returns totaled $5.3 billion, showing financial strength and buyback flexibility.