NEW YORK, Feb. 11 (Reuters) – Bank of America (BAC.N) forecasts record net interest income for 2025.
“We correctly predict a record NII in 2025, growing at 6% to 7%, and consumers will contribute,” Holly O’Neil told the UBS Financial Services Conference. Ta.
The bank predicted that by the fourth quarter of 2025 there would be a difference between what they earned on loans and deposits and what they paid on deposits.
Reported by Saeed Azhar and Jaiveer Shekhawat. Edited by Chris Reese
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