Bank of America Projects Q4 NII, IB & Wealth Management Fees to Rise

Bank of America Corp. (BAC) disclosed its outlook for the fourth quarter of 2024 and the full year 2025 on Wednesday at the Goldman Sachs U.S. Financial Services Conference.Brian Moynihan, chairman & CEO of Bank of America maintained an optimistic view for 2025 given the cooling down of inflation amid rate cuts and expected favorable regulatory changes in light of the Donald Trump-led administration.BAC’s OutlookNet Interest Income: The bank anticipates net interest income (NII) to rise sequentially in the ...