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How Jim Cramer Is Approaching Bank Stocks After Earnings

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Bank of America reported earnings. 

The company posted earnings that came in at 59 cents per share, down 21.3% from the same period last year but 4 cents ahead of the consensus forecast. Group revenues fell 10.6% from last year to $20.1 billion, coming in just shy of analysts' estimates of a $20.7 billion tally.

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