 Bank of America NYSE: BAC reported an estimates-beating second quarter on Thursday, but its shares fell due to a generally gloomy outlook for the banking sector as the coronavirus pandemic surges and intensifies across most of the United States. Net profit fell by 52 year over year to 3.5 billion 0.37 per share. On average, analysts following the stock were expecting 21.95 billion on the top line, and a net profit of 0.25 per share. 