Market data provided for informational purposes only. Not financial advice. Read disclaimers.
Market data provided for informational purposes only. Not financial advice. Read disclaimers.
Bank of America is the second-largest bank in the United States, serving approximately 69 million consumer and small business clients. The bank operates across Consumer Banking, Global Wealth & Investment Management (Merrill Lynch), Global Banking, and Global Markets. BofA is particularly sensitive to interest rate changes due to its large deposit base.
BofA is the most rate-sensitive among the big banks — NII (net interest income) is the key line item. Consumer deposit trends, wealth management flows into Merrill Lynch, and credit quality in the consumer portfolio are the critical metrics.