Bank of America (BAC) reported second quarter adjusted EPS of $0.89, beating estimates of $0.85, with revenue near $26.5 billion. Yahoo Finance Reporter Josh Schafer highlights the latest report and CEO Brian Moynihan’s comments on consumers maintaining steady spending.

"Consumers remained resilient, with healthy spending and asset quality, and commercial borrower utilization rates rose. In addition, we saw good momentum in our markets businesses," CEO Brian Moyniha...