Bank of America CEO Brian Mionihan left the US Capital after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debing on Thursday, February 13, 2025.
Tom Williams | CQ-Roll Call, Inc. Getty images
Bank of America The opening bell on Wednesday is scheduled to report the second quarter earnings before the bell.
What does Wall Street expect here:
- According to LSEG, income: 86 cents per share
- Revenue: $ 26.72 billion, according to LSEG
- According to the Strikount, net interest income: $ 14.89 billion
- Trading: According to Strykount, fixed income of $ 3.14 billion, $ 2.14 billion equity
Bank of America is likely to benefit from two tailwinds during the quarter.
Analysts hope that there is a difference in this period that has increased this period.
According to Truest analyst John McDonald, as NII increases in the second half of this year, it can be a type of type of type.
McDonald’s said at the top of it, analysts have expected the trading revenue to climb up to about 5 billion in the quarter to climb the “mid to high marks”.
Meanwhile, the company guided the investment banking fee in the quarter of about 23%, but rival bank JP Morgan Chase saw a reversal in the activity that is well chiped for the Bank of America.
The bank shares have climbed about 5% this year.
On Tuesday, JP Morgan, City group And Wells Fargo Each post results that topped the expectations for the earnings and revenue of analysts.
This story is developing. Please check back for updates.
