$BAC 20Q2 results. Net Interest Income -11.0%, Non-Interest Income +5.4%, total revenues -3.3%. Expenses +1.1%, negative op. leverage pushes pre-provision PBT -9.2%. Provisions $5.1bn vs. Q1 $4.8bn and PY $0.9bn. Net Income halved to $3.5bn, ROTCE still 7.6%. CET1 11.6% (Q1 10.8%).