Bank of America is scheduled to report fourth-quarter results on Wednesday, following JPMorgan Chase’s release the previous day. Analysts at CFRA project revenue growth of approximately 4% year-over-year, driven by a net interest income increase of roughly 7% and sustained trading revenue. Ken Leon, CFRA’s senior banking analyst, has maintained a “very positive” outlook, citing a net interest margin that expanded from 2.35% to an estimated 2.60% over the past year. Loan balances have risen 5% sequentially, with consumer and small-business lending up 6%. Investors will watch closely for any guidance on deposit trends, as the company ended December with $1.6 trillion in client deposits and 59 million verified digital users.

On January 20, 2026, Bank of America will redeem in full its outstanding $3 billion 5.080% fixed/floating-rate senior notes due January 2027. The redemption price will be 100% of principal plus accrued and unpaid interest through January 20. Payment will be made via The Depository Trust Company, with The Bank of New York Mellon Trust Company serving as trustee and paying agent. This pre-funding move reduces long-term fixed-rate obligations and aligns the balance sheet with the bank’s target liability mix, contributing to an improvement in its overall cost of funds by an estimated 10 basis points in 2026.

Bank of America serves nearly 70 million consumer and small-business clients through approximately 3,600 retail financial centers and 15,000 ATMs, complemented by award-winning digital banking. The company reported adding 4 million new digital users in the past year, bringing the total to 59 million. In wealth management, client assets under management grew 8% to $3.0 trillion, while the corporate and investment bank reported a 6% increase in global markets revenue. Small-business households supported increased by 12%, now totaling 4 million, reflecting strong adoption of its online product suite. Management has reiterated a capital return plan targeting a CET1 ratio near 11.5%, with share repurchases of $12 billion authorized for 2026.