One of the biggest American lenders, Bank of America (BAC) , released its second-quarter 2024 results earlier this week. Since then, the stock has gained 2.7% to $43.01 and is trading near its two-year high of$44.44. Even before the release of its quarterly numbers, the stock performed exceedingly well. It was among the top five banks that outperformed the S&P 500 Index in the first half of 2024.This year, Bank of America has gained 28.5% compared with the S&P 500 Index’s growth of 16.2%. In 2023, the stoc ...