Bank Of America Sees Q4 NII ~$14.5B
Portfolio Pulse from Benzinga Newsdesk
Bank of America projects its Q4 Net Interest Income (NII) to be approximately $14.5 billion.
July 16, 2024 | 11:43 am
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POSITIVE IMPACT
Bank of America projects its Q4 Net Interest Income (NII) to be approximately $14.5 billion, indicating strong revenue performance.
The projection of a high NII for Q4 suggests strong revenue performance for Bank of America, which is likely to positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100