Earnings
Kintra Wealth LLC Increases Holdings in Bank of America Corporation $BAC
Kintra Wealth LLC increased its stake in Bank of America (NYSE:BAC) by 21.3% during the second quarter, bringing its total holdings to 46,306 shares valued at $2.64 million. Bank of America reported strong quarterly earnings, exceeding expectations with $1.21 EPS and $31.56 billion in revenue, leading to a dividend increase and a consensus "Moderate Buy" rating from analysts. Institutional investors collectively own a significant 70.71% of the company's stock.