Bank of America Corporation reported second quarter earnings that surpassed Street estimates. The company’s earnings increased to $6.825 billion, or $0.89 per share, compared to $6.582 billion, or $0.83 per share, last year. Analysts had expected earnings of $0.87 per share. Revenue for the period rose 4.3% to $26.463 billion from $25.377 billion last year. This puts Bank of America Corporation in a strong financial position for the second quarter.

Read more at Nasdaq: Bank Of America Corporation Profit Rises In Q2, Beats Estimates