Bank of AmericaIt is set to announce third-quarter earnings prior to the opening bell on Thursday.

This is what Wall Street wants:

• According to Refinitiv, earnings were 71c per share. This is 39% more than the previous year.
• Revenue was $21.8 billion. This is 6.5% less than the previous year.
• According to StreetAccount, net interest income is $10.6 billion
• Trading Revenues: Fixed Income $1.93Billion; Equities $1.45Billion
• 2 billion in Investment Banking Revenue

Is Bank of America seeing an increase in loan demand?

This is what analysts want to know about the U.S.’s second largest lender. Because of its potential to generate more interest income, investors want loan growth to improve after a poor first half.

Bank of America was one of many lenders that set aside millions of dollars to cover credit losses during the year. This came as the industry expected a surge in defaults related to the coronavirus outbreak. Analysts will be interested to see how the bank’s ability to release some funds when losses haven’t arrived.

The CEO Brian Moynihan, his chief operating officer Tom Montag and most likely other senior officers, will be asked about succession planning. announced his departure. Moynihan had announced last month that he was leaving. sweepingRestructuring of management, which includes a new chief finance officer, tech head, general counsel, and chief administrative officers.

Bank of America’s shares rose 42% over the 36% gains recorded in the KBW Bank Index.

On Wednesday, bigger rival JPMorgan ChaseThese are the results we have posted beatExpectations were driven by $1.5 billion more than expected loan losses that are better than anticipated.

The story is still in development. Stay tuned for new updates.