Bank of America says on track for 16%-18% return on tangible common equity target in 2028-2030
Bitget2026/11/05 23:04- Bank of America remains on track for its 2028-2030 targets, including annual earnings per share growth of at least 12%.
- Return on tangible common equity is targeted at 16%-18%, compared with 15.2% for the first nine months of 2026.
- Net interest income targets imply 5%-7% compound annual growth, versus 9% year-to-date growth.
- The efficiency ratio goal is 55%-59%, compared with a reported 62% year to date.
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