BAC's Investor Day Preview: Focus on Growth Strategy, Lagging Returns

Key Takeaways Bank of America will host its first Investor Day since 2011 to outline growth and performance plans.Management plans to boost loan growth, digital banking and wealth and investment banking operations.BAC expects 6-7% annual NII growth in 2025-2026 and aims to lift return on tangible equity above 15%.Tomorrow, Bank of America (BAC) , the second-largest U.S. bank, will host its first Investor Day since 2011. The event will feature presentations from CEO Brian Moynihan and other top executives, w ...