The American giant bank Bank of America's net profit fell to 6.9 billion dollars in the second quarter, down from 7.4 billion during the same quarter last year.
The interest net – what the bank earns on the difference between deposit and lending rates – fell to 13.9 billion dollars from 14.2 billion. Analysts had on average expected a decline to 13.8 billion for the interest net.
The bank's total turnover increased to 25.4 billion, from 25.2 billion a year earlier.
The Bank of America share, which has risen 24 percent since the turn of the year, rises slightly – up 0.6 percent in futures trading on Wall Street – after the report.
