Bank Of America CFO Says We Expect NII To Be At $14.3B Or More For Q4 2024
Portfolio Pulse from Benzinga Newsdesk
Bank of America's CFO announced that the company expects its Net Interest Income (NII) to be at $14.3 billion or more for Q4 2024 during a conference call.
October 15, 2024 | 12:50 pm
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Bank of America's CFO has projected the company's Net Interest Income to reach $14.3 billion or more for Q4 2024, indicating potential revenue growth.
The announcement of expected NII growth suggests positive financial performance, which could lead to a positive short-term impact on BAC's stock price.
CONFIDENCE 90
IMPORTANCE 80
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