Bank of America puts up mixed results as net interest income misses analysts’ expectations
CHARLOTTE, NORTH CAROLINA, JUL 16 – Net interest income missed expectations amid a 23% decline in investment banking fees, while trading revenues are expected to grow to about $5 billion, analysts said.
- On July 16, Bank of America announced its earnings for the second quarter of 2025, revealing a profit of $7.1 billion and revenue totaling $26.5 billion, which fell slightly short of analysts’ forecast of $26.7 billion.
- The findings indicated heightened market fluctuations and a more reserved client base due to uncertainty caused by changing U.S. trade actions, international conflicts, and sustained high interest rates.
- The wealth management divisions added approximately 6,300 new Merrill client relationships and 800 new clients at Bank of America Private Bank, with assets under management increasing by 13% compared to the previous year, reaching a total of $2 trillion.
- CEO Brian Moynihan called the quarter "solid," highlighting consumer resilience, healthy spending, rising commercial borrower utilization, and strong trading revenue growth of 15%.
- The bank intends to boost its dividend by 8%, reaching 28 cents per share starting in the third quarter, while its stress capital buffer is projected to decrease to 2.5%, reflecting cautious confidence amid economic uncertainty.
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Will Bank of America (NYSE: BAC) Soar After Earnings?
Live Updates Live Coverage Updates appear automatically as they are published. NII Projected to $15.5B to $15.7B by Q4 7:25 am by Eric Bleeker This banking earnings season has been dominated by how banks are guiding net interest income, and Bank of America guided to $15.5B to $15.7B in Q4. That will likely be a number that analysts focus on in the company’s conference call which starts shortly. The Two Numbers to Watch 7:16 am by Eric Blee…
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Total News Sources14
Leaning Left2Leaning Right2Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 17%
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