The Traderszone Network

Published in TZ Latest News 19 April, 2017 by The TZ Newswire Staff

The Latest Interest Rate Increase Will Boost Bank of America’s Net Interest Income by How Much?

Bank of America (NYSE: BAC) is one of the most asset-sensitive banks in its peer group, meaning that its revenue is lashed especially closely to changes in interest rates. This situation has weighed on its performance for much of the past few years, but things are starting to turn in the North Carolina-based bank’s favor.

read more