Bank of America reported better-than-expected earnings, citing the strength of the U.S. consumer and increased trading activity due to tariff concerns. The bank maintained its financial outlook for the year, highlighting the resilience of consumer spending as a key factor in its performance. Increased market volatility stemming from tariff-related uncertainties also contributed to the bank's profits through trading activity. The results indicate a positive outlook for Bank of America, driven by both domestic economic factors and global trade tensions.