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المشهد العربي
Bank of America profits rise on trading
Bank of America reported strong profits during the second quarter of 2026, surpassing expectations thanks to increased trading revenues resulting from market volatility. Net income reached $9.1 billion, representing a 26.3% year-over-year growth. The bank also saw total revenues rise to $31.6 billion, a 15.3% increase from the previous year, and earnings per share of $1.21, exceeding forecasts. The results were driven by higher trading activity and commission rates, with all operational sectors experiencing growth of over 10%.
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