Jan. 14 at 4:56 PM
Bank of America crushes Q4 expectations 🚀
Earnings beat, driven by a resilient consumer and businesses. NII hit
$15.9B, noninterest income
$12.6B , both up sequentially and YoY.
FY2026 NII is projected to grow 5-7%. Q1 margins expected to rise 7% YoY.
EPS of
$0.98 beat estimates. Deposits hit
$2.01T, loans edged higher.
CEO Moynihan: "Strong revenue and leverage set us up for continued growth."
Is
$BAC signaling a positive trend? Stay alert , bigger moves are ahead.