Bank of America Corporation (NYSE:BAC) is considering introducing new credit cards with a 10% interest rate to meet President Trump’s demands, according to Reuters. TD Cowen lowered its price target on BAC to $64 but maintained a Buy rating after surpassing market expectations with a core EPS of $0.98 in Q4 2025.

Despite a 2% decline in BAC’s stock since its earnings announcement, TD Cowen remains optimistic about the bank’s performance. Bank of America Corporation (NYSE:BAC) was founded in 1784 and operates through four segments: Consumer Banking, GWIM, Global Banking, and Global Markets.

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Read more at Yahoo Finance: Bank of America Corporation (BAC) Evaluates New Credit Cards With 10% Rate