Bank of America Forecasts 5–7% NII Growth, Targets 200bps Operating Leverage

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Bank of America forecasts 2026 fully taxable equivalent net interest income growth of 5–7% year over year and plans modest non-interest expense increases in Q1. The bank targets 200 basis points of operating leverage for 2026 as it balances revenue expansion with cost discipline.

1. 2026 NII Growth Guidance

Bank of America projects fully taxable equivalent net interest income of 5–7% growth in 2026 versus 2025, reflecting expectations for continued lending and deposit momentum.

2. Expense and Operating Leverage Outlook

The bank anticipates a modest rise in non-interest expenses during the first quarter and aims to deliver 200 basis points of operating leverage for the full year by controlling costs while supporting strategic initiatives.

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