Bank of America Co-President Forecasts Strong Q1: NII Up 7%, IB Fees Up 10%
Summary
Bank of America's Co-President Dean Athanasia expects net interest income (NII) to grow at least 7% and investment banking fees to climb 10% in the first quarter, with global markets revenue also projected to rise by a low double-digit percentage. This positive guidance for Q1 2026 builds on the strong 2025 financial results reported in the recent 10-K, with the Q1 NII expectation of "at least 7%" aligning with the higher end of the previously guided 5-7% NII growth for fiscal year 2026. These specific, positive forecasts from a senior executive indicate robust performance in key revenue segments for the current quarter. Additionally, Athanasia noted that the finalization of "Basel endgame" regulations could mean lower regulatory capital for the bank, potentially freeing up billions in excess capital. Traders will monitor the actual Q1 earnings release for confirmation of these strong projections and further details on the impact of potential regulatory changes.
At the time of this announcement, BAC was trading at $48.85 on NYSE in the Finance sector, with a market capitalization of approximately $350.5B. The 52-week trading range was $33.07 to $57.55. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.