Nora Redmond and Philip van Doorn

Investors appeared to be 'selling the news' after the bank handily beat Wall Street's expectations

Bank of America reported a 15% jump in revenue versus the year-earlier quarter.

Shares of Bank of America edged upward at the opening bell, after having declined during premarket trading, after the second-largest bank in the U.S. reported a jump in earnings per share.

Bank of America's (BAC) second-quarter earnings per share came in at $1.21, up 36% compared with the same quarter a year before and surpassing the Wall Street consensus of $1.13, per LSEG.