Closing Bell Overtime: Red Hot Rally 8/10/22
Closing Bell
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Bank of America's Net Interest Margin by 10 Billion Dollars
Tech in banks, it's a beautiful merrik. I mean, this is certainly the case for earnings leverage now more imbedded in these banks business model. But at the same time, doesn't it seem as if they'd been onoe, kind of forced to carry more capital than they did in prior cycles? The big picture here is that you have the best net interest income growth. That's 60 % of the industry revenues. And i'll say it again, the best growth in four decades.
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