Bank Of America CEO Brian Moynihan Says Expect Loan Growth To Pick Up
Portfolio Pulse from Benzinga Newsdesk
In a recent CNBC interview, Bank of America CEO Brian Moynihan stated that he expects loan growth to pick up.
October 17, 2023 | 2:28 pm
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Bank of America's CEO Brian Moynihan expects loan growth to increase, which could potentially boost the bank's revenues.
The CEO's positive outlook on loan growth indicates potential for increased revenues for Bank of America. This could positively impact the bank's stock price in the short term.
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