Bank of America Profit Falls 32%

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Bank of America Profit Falls 32%
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Bank of America, the second-largest U.S. bank, earned $6.2 billion, down from $9.2 billion a year earlier

Bank of America Corp. said Monday that its second-quarter profit declined 32%. The second-largest U.S. bank earned $6.2 billion, down from $9.2 billion a year earlier. Per-share earnings of 73 cents missed the 75 cents that analysts polled by FactSet had expected.

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