Bank of America Expects 2027 Net Interest Income Growth of 8% or More

Bank of America expects net interest income to grow at least 8% in 2027, above its expected 2026 growth, giving the bank a longer-term earnings benchmark as it prepares fuller guidance.

Chief Financial Officer Alastair Borthwick gave the full-year outlook during the bank’s Oct. 14 third-quarter earnings call. “For 2027, we currently expect full-year growth of NII to be 8% or more, higher than 2026,” Borthwick said.

The bank’s latest quarterly results showed net interest income of $16.4 billion, up 8% from a year earlier. On a fully taxable-equivalent basis, the figure was $16.6 billion. Bank of America also reported net income of $6.9 billion and diluted earnings per share of $0.91. The results included a $1.2 billion regulatory settlement charge.

Borthwick separately described 200 to 300 basis points of operating leverage as a medium-term range. He said the bank would provide more specific guidance for 2027 in the fourth quarter.