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BofA expects rising interest income, investment banking fees in first quarter

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Bank of America forecasts net interest income to rise 7% and investment banking revenue to climb 10% in Q1, according to Co-President Dean Athanasia. The guidance signals modest near-term revenue momentum across interest-earning assets and investment banking activity, implying a positive outlook for the bank's top-line mix in the quarter.

Analysis

Bank of America forecasts net interest income to rise 7% and investment banking revenue to climb 10% in Q1, according to Co-President Dean Athanasia. The guidance signals modest near-term revenue momentum across interest-earning assets and investment banking activity, implying a positive outlook for the bank's top-line mix in the quarter.

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