Here comes Bank of America...

Bank of America is expected to report second quarter earnings on Wednesday at 7:00 a.m.

Analysts are expecting adjusted earnings per share of $0.36 on revenue of $21.38 billion, according to Bloomberg.

In the same quarter last year, the bank reported adjusted earnings per share of $0.41 on revenue of $22 billion.

Last quarter, the bank beat on earnings per share but missed on revenue, and CEO Brian Moynihan included a bullish message about the economy in a press release.

"We see continued encouraging signs in customer and client activity, with consumer spending increasing and utilization of credit by our commercial customers rising," he said.

Goldman Sachs and Citigroup will report Q2 earnings on Thursday.