CLAIM #10030 · Bank of America Corp (BAC) · 2026Q2 earnings call · Jul 14, 2026 · due Dec 31, 2026
“It's not going to be a big factor because I think what's going to end up happening is the markets NII is probably pretty stable here. It could even go down with the rate cut in fourth quarter, but it'll be flat to slightly down is my guess.”
Alastair Borthwick · CFO
How to check this claim
Look at: Markets segment Net Interest Income (NII), quarter-over-quarter change
It came true if: Q4 Markets NII flat to down versus Q3 (i.e., Q4 <= Q3 level, within roughly 0-5% decline)
Where: Company-disclosed segment financial supplement (Global Markets NII in 10-Q/Q4 earnings materials)
In context
“Alastair Borthwick: Matt, I can help with that offline once we finish it up. It's not going to be a big factor because I think what's going to end up happening is the markets NII is probably pretty stable here. It could even go down with the rate cut in fourth quarter, but it'll be flat to slightly down is my guess. Most all of the growth is going to come from the Global Banking books.”
Verify independently
SEC filings for BAC ↗ · Claim quote is verbatim from the 2026Q2 earnings call.