% | $
Quotes you view appear here for quick access.

Bank of America Corporation Message Board

  • cchaker cchaker Jul 25, 2013 11:54 AM Flag

    This Bank (BAC) is different and has shown an increase in the Net Interest Margin.

    Most bank stocks have shown healthy growth this year. As the market becomes more and more elevated, the risks of a significant pullback increases. A few investors are moderately short-term bearish on some bank stocks this season although the fundamentals are sound. There is one bank that shows good dynamic, however – Bank of America (NYSE: BAC).
    Rising net interest margin
    Contrary to many of the big banks that reported results this earnings season, Bank of America has shown an increase in the net interest margin. It has improved by 1 basis point to 2.44% as compared to the first quarter of this year. The bank states that it continues to be asset-sensitive and its net interest income would benefit as rates move higher.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Agreed, hopefully we have a short term catlyst and the AIG settlement is finalized ... that'll put us through 15 with little resistence above. I am looking at about $14 as meaningful and the downside. Do you have a downside number that is a trigger point or are you simply holding through any future volatility?

15.520.00(0.00%)Oct 13 4:01 PMEDT