Financial services giant Bank of America (NYSE: BAC) will be announcing earnings results this Wednesday before market hours. Here’s what you need to know.

Bank of America beat analysts’ revenue expectations last quarter, reporting revenues of $28.55 billion, up 7.1% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts’ revenue estimates but a narrow beat of analysts’ EPS estimates.

Is Bank of America a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Bank of America’s revenue to grow 5.8% year on year, improving from the 4.7% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Bank of America has a history of exceeding Wall Street’s expectations.

Looking at Bank of America’s peers in the banks segment, only FB Financial has reported results so far. It missed analysts’ revenue estimates, delivering year-on-year sales growth of 30.5%.

There has been positive sentiment among investors in the banks segment, with share prices up 9.1% on average over the last month. Bank of America is up 13.5% during the same time and is heading into earnings with an average analyst price target of $60.56 (compared to the current share price of $53.37).

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