Bank of America Corporation (BAC) Says Q1 Net Interest Income Is Tracking at Least 7% Higher Year Over Year

Yahoo Finance 17 Mar 2026 02:17 Original ↗
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<h1>Bank of America Corporation (BAC) Says Q1 Net Interest Income Is Tracking at Least 7% Higher Year Over Year</h1>
<p>Bank of America Corporation (NYSE:BAC) is one of the <a href="https://www.insidermonkey.com/blog/12-most-undervalued-financial-stocks-to-buy-now-1716018/">12 Most Undervalued Financial Stocks to Buy Now</a>. On March 10, 2026, Bank of America Corporation (NYSE:BAC) co-president Dean Athanasia said at a conference hosted by RBC that first-quarter net interest income is tracking at least 7% higher year over year. Athanasia also said investment banking revenue is expected to rise about 10%, while the Markets segment is up in the low-double-digit range.</p>
<p>On February 19, 2026, Bloomberg reported that Bank of America plans to deploy about $25 billion into private-credit transactions, citing people familiar with the matter. The bank intends to commit its own capital to private-credit investments as it expands its direct-lending platform, with transactions expected to be originated through the firm’s capital markets unit within its investment banking division.</p>
<p>Copyright: <a href="http://www.123rf.com/profile_dolgachov">dolgachov / 123RF Stock Photo</a></p>
<p>On February 18, 2026, Bank of America announced plans to launch BofA Rewards, a no-fee loyalty program. The bank said millions of clients will be able to enroll beginning May 27 to access benefits across eligible credit cards, cash back deals, banking services, and curated experiences, with members potentially receiving between $150 and $4,000 in annual value depending on membership tier and engagement.</p>
<p>Bank of America Corporation (NYSE:BAC), through its subsidiaries, provides financial products and services to individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.</p>
<p>While we acknowledge the potential of BAC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the <a href="https://www.insidermonkey.com/blog/three-megatrends-one-overlooked-stock-massive-upside-1548959/">best short-term AI stock</a>.</p>
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