Bank of America stock: NII growth seen at 8% through 2027

Bank of America management used the BancAnalysts Association of Boston Conference on Thursday, November 5, to provide a more constructive view on net interest income and returns. The update adds detail to the strategy discussion previewed in the bank's previous announcement.

According to MarketBeat via Yahoo Finance, Chief Financial Officer Alastair Borthwick said management expects net interest income to grow 8% in 2026 and at least 8% in 2027. That exceeds the medium-term target range of 5% to 7% annual growth and supports the bank's broader earnings and return ambitions.

Returns improve as efficiency lags

Management said year-to-date earnings per share increased 19% excluding a regulatory settlement charge, while return on tangible common equity reached 16%. The efficiency ratio stood at 61% on the same basis, above the 55% to 59% target range, leaving expense discipline as a central execution issue.

Consumer banking revenue rose 5% year to date, while global wealth and investment management revenue advanced 13% and net income increased 31%. The bank also expects its net interest yield to reach 2.3% late in 2027, earlier than previously anticipated.

What investors should watch next

Loan growth, deposit trends, fixed-rate asset repricing and technology spending will determine how much of the improved interest-income outlook reaches earnings. Management also pointed to continued investment in artificial intelligence tools and productivity initiatives, while the markets business reported strong equities and prime-brokerage momentum.

Bank of America stock traded at 44.92 euros on Lang & Schwarz at 16:33 CET on Friday, November 6, 2026. Follow the real-time quote of Bank of America stock.

The broader U.S. market backdrop remains relevant for large financial stocks; see current S&P 500 market coverage.

Further company developments can be followed through more news and analyses on Bank of America stock.