Bank of America Projects Record Net Interest Income in 2025

NEW YORK (Reuters) – Bank of America anticipates achieving record net interest income (NII) in 2025, as stated by Holly O’Neil, head of its retail banking unit, during a UBS financial services conference.

> “We’re expecting record NII in 2025 right, growing at 6% to 7%, and consumer will be a contributor to that,” O’Neil said.

The bank has projected its NII, which is the difference between earnings on loans and payouts for deposits, to grow to between $15.5 billion and $15.7 billion by the fourth quarter of 2025.