Investing.com - Bank of America (NYSE:BAC), the country's second-largest bank by assets, reported second quarter earnings and revenue that topped analysts expectations on Tuesday.

The lender reported second quarter earnings per share of 46 cents on revenue of $22.83 billion. Analysts had expected EPS of 43 cents on revenue of $21.78 billion.

Bank of America also reported net interest income of $11 billion.

Revenue from the company's fixed income trading unit totaled $2.254 billion for the quarter, down 14% from the same quarter a year earlier.

The bank said the decline was due to "weaker performance in rates and emerging markets relative to a strong year-ago quarter."

Bank of America shares were down 0.58% to $24.02 in premarket trade.

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