Bank of America sees revenue rise across the board in upbeat sign for year ahead

Bank of America sees revenue rise across the board in upbeat sign for year ahead
By: market watch Posted On: January 16, 2025 View: 21

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Bank of America Corp.’s stock rose 0.6% in premarket trading as CEO Brian Moynihan said the bank is seeing “broad momentum” that “sets up 2025 very well” as the financial giant’s outlook for 2025 net interest income topped analyst estimates.

Bank of America’s BAC said it expects first-quarter net interest income of $14.5 billion to $14.5 billion, which is head of the FactSet consensus estimate of $14.35 billion.

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