Bank of AmericaThe opening bell on Monday will be ring and the company is expected to release its first quarter results.

Here are the expectations of Wall Street:

• Earnings:  75 cents a share, 13% lower than a year earlier, according to Refinitiv.
• Revenues: $23.2 Billion, 1.1% more than the previous year.
• StreetAccount estimates that net interest income is $11.72 trillion
• Trade Revenue: Fixed Income 2.69 billion; Equities 1.61 billion
• Bank Investing: $1.74 Billon

Bank of America is supposed to be one of the big beneficiaries of rising interest rates — but will that be enough to offset declines in investment banking?

This is the dilemma of the instant after. JPMorgan Chase, Goldman Sachs CitigroupAll three companies reported sharp declines in advisory revenue for the first quarter.

Bank of America’s CEO Brian Moynihan had been enjoying tailwinds due to rising interest rates, a rebounding in loan growth, and income boosting opportunities. However, bank stocks fell this year due to concerns about rising inflation which might lead to a recession and higher default rates.

Longer-term rates increased during quarter but short term rates rose faster. This yield curve, which was flat or sometimes inverted, raised concerns that there might be an economic slowdown.  

Bank of America shares were down 15% on Monday. It is more than the 11.6% fall in the KBW Bank Index.

JPMorgan reported profit last week slumpedAs it suffered losses from Russia sanctions, the bank set aside money to cover future losses. Goldman, Morgan Stanley and Citigroup each topped expectations with stronger-than-expected trading results, and Wells FargoIn the midst of a decrease in mortgage lending, revenues were not generated.