BRIEF-Bank Of America CEO Brian Moynihan Says The Economic Backdrop Remains Very Constructive

Bank of America Corp

Bank of America Corp

BAC

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July 14 (Reuters) - Bank of America Corp BAC.N:

  • BANK OF AMERICA CEO BRIAN MOYNIHAN SAYS THE ECONOMIC BACKDROP REMAINS VERY CONSTRUCTIVE

  • BANK OF AMERICA CEO BRIAN MOYNIHAN SPEAKING AT A CALL WITH ANALYSTS

  • BANK OF AMERICA CFO SAYS EXPECT NET INTEREST INCOME TO BE AT UPPER END OF 6-8% RANGE

  • BANK OF AMERICA CFO SAYS WE NOW EXPECT FULL-YEAR OPERATING LEVERAGE TO BE IN THE RANGE OF 300 TO 400 BASIS POINTS

  • BANK OF AMERICA CFO SAYS WE WILL OBVIOUSLY ADJUST PRICING IN EACH OF OUR SEGMENTS FOR ANY RATE HIKE, BUT NET, WE EXPECT THAT TO BE A POSITIVE

  • BANK OF AMERICA EXEC SAYS CONSTRUCTIVE ON LOAN GROWTH IN SECOND HALF

Further company coverage: BAC.N


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