Bank of America Q4 Earnings Call Highlights

Total revenue was 28.4billioninthequarter,with28.4 billion in the quarter, with 10.4 billion coming from sales and trading, investment banking, and asset management fees. Borthwick said those market-facing areas grew 10% year over year in the aggregate.Borthwick attributed the NII improvement to several factors, including loan and deposit growth, asset repricing as higher-yielding loans replaced maturities and paydowns, and a shift in global markets activity that moved more revenue into NII rather than fees compared with the third q ...