Bank of America cut to Neutral at Atlantic over slowing NII growth

Jan. 31, 2023 10:06 AM ETBank of America Corporation (BAC)GS, WFC, FRCBy: Liz Kiesche, SA News Editor5 Comments

Bank of America


Atlantic Equities analyst John Heagerty on Tuesday downgraded Bank of America (NYSE:BAC) to Neutral from Overweight as slowing net interest income growth and noninterest income revenue headwinds heading into 2023.

Bank of America (BAC) issued 2023 "slightly disappointing" net

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