BofA expects rising interest income, investment banking fees in first quarter

Bank of America expects net interest income to grow 7% and investment banking fees to rise 10% in Q1.

Source: Reuters (via feed)




Bank of America expects its net interest income to grow 7% in the first quarter. The bank also expects investment banking fees to climb 10% during the same period. These projections were mentioned by Co-President Dean Athanasia on Tuesday.

BizTrendWire Insight:

The reported growth expectations represent key revenue streams for Bank of America in the first quarter. These figures are based on the company’s statements.


Read full story on Reuters

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