Here comes Bank of America ...

Bank of America will report Q1 earnings at 7 a.m. Wednesday.

Analysts are expecting earnings per share of $US0.29 and revenue of $US21.6 billion.

In the same quarter last year, the bank reported adjusted earnings per share of $US0.35 and revenue of $US22.8 billion.

Last quarter, BofA saw a dip in quarterly profits, including a $US397 million loss in its real estate division and a net loss of $US72 million in trading revenues.

The bank also spent $US393 million on legal expenses last quarter.

Goldman Sachs and Citigroup will report their Q1 earnings on Thursday.

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