From CNBC: 2024-04-16 06:32:24

Bank of America CEO Brian Moynihan testified at a Senate committee hearing. The bank is set to report first-quarter earnings soon. Analysts expect earnings of 76 cents per share and revenue of $25.46 billion. Will Bank of America exceed expectations like its rivals? CFO Alastair Borthwick predicts a rise in investment banking revenue. Focus will be on net interest income amid rising interest rates. Keep checking for updates.



Read more at CNBC:: Bank of America (BAC) earnings Q1 2024