Bank of America reported strong Q2 earnings, with a net income of $6.9 billion and EPS of $0.83, exceeding analyst expectations. Revenue also increased by 0.8% year-over-year to $25.54 billion. The bank saw growth in various segments including Consumer Banking, Global Wealth, and Investment Management. Despite a 3.0% decrease in net interest income, noninterest income rose by 6.0%. Bank of America also set aside a $1.5 billion credit loss provision. The efficiency ratio remained flat at 64%, with a CET1 ratio of 11.9%. The bank plans to increase its quarterly common stock dividend by 8%. Looking ahead, Bank of America expects net interest income of approximately $14.50 billion in the fourth quarter. BAC shares are trading higher premarket, indicating investor confidence in the bank's performance.