Bank of America(US:BAC) Ge Long Hui·2025-10-16 07:24Core Viewpoint - Citigroup's report indicates that Bank of America management expects net interest income to grow by 5% to 7% year-over-year next year, aligning with market expectations [1] Group 1: Financial Performance - The anticipated growth in net interest income is based on expected single-digit loan growth, continued repricing of fixed-rate assets, a net interest margin boost of approximately 10 basis points from swap extensions, and a positive outlook on deposit repricing [1] - Improvement in net interest income is expected to continue driving the return on equity towards normalization, with the bank projecting a return of 16% [1] Group 2: Analyst Ratings and Forecasts - Citigroup reaffirms a "Buy" rating for Bank of America, raising the target price from $58 to $62 [1] - The earnings per share forecast for Bank of America has been increased by 15 cents to $3.80 for this year, with projections for the next two years raised by 25 cents each, to $4.55 and $5.15 respectively [1]