Essentially, the paper needs to answer the principal question: Should I invest in bank of america?

2. Calculate the dollar and duration gap Based on findings in the two points above, what are your expectations for future performance (not detailed financial projections just your assessment as to whether the bank is expected to grow or decline, or be taken over by another bank)

32,754 Financial Highlights the Financial Highlights and Business Segment Operations sections in the MD&A of the Corporation's 2018 Annual Report on Form 10-K In the Consolidated Statement of Income, amounts related to certain asset and liability management (ALM) activities have been reclassified Net Interest Income from other income to market making and similar activities, which was Net interest income increased $729 million to $48.9 billion in 2019 previously referred to as trading account income. All prior periods compared 2018. Net interest yield on a fully taxable-equivalent (FTE) presented reflect this change, which has no impact on the basis decreased two basis points (bps) to 2.43 percent for 2019. The Corporation's total noninterest income or net income, and has no increase in net interest income was primarily driven by loan and impact on business segment results. For more information, see Note 1 deposit growth, partially offset by lower long-end rates. Assuming a - Sunwary of Significant Accounting Principles to the Consolidated stable economic and interest rate environment compared to Financial Statements December 31, 2019, we expect quarterly net interest income for the first two quarters of 2020 to be lower compared to the fourth quarter Table 1 Summary Income Statement and Selected Financial Data of 2019 driven by the impact of rates and one fewer day of interest accruals. Quarterly net interest income is expected to rise modestly in 2018 2011 the second half of 2020 due to one additional day of interest accruals and expected loan and deposit growth. For more information on net interest yield and the FTE basis, see Supplemental Financial Data on Net 48,001 $ page 27, and for more information on interest rate risk management, Noticon 42.850 see Interest Rate Risk Management for the Banking Book on page 74. Botare, fie pe 91,244 91020 Prows for creates 8,990 Noninterest Income heerkires PATRE 54,900 Incare bene 34,554 5324 4437 Table 2 Noninterest Income 27,450 Preferred to 1,432 Met hoone applicable to seekers 3 Feed Card TH 5.9 Perem We Services 7674 7.767 2.77 5 nestest and brokerage services 11.96 OM Iring Didad Total forn and creator 31 015 39,076 Pertama Market making and archiv Pataman 1.14 1211 Other more 1042 Total nierestone 42.353 42.858 Return on money 14.86 15.55 ht Noninterest income decreased $505 million to $42.4 billion in 2019 66.17 Bekne sheet tyen en compared to 2018. The following highlights the significant changes. 3 945.95 Service charges decreased $93 million primarily driven by lower Tot fees due to policy changes in 2018 and lower ATM volume in 2,434,079 2.354502 Consumer Banking 1,434,303 1341470 2,169,209 2.889.182 Investment and brokerage services income decreased $258 million Totalcarmen holders' equity primarily due to lower transactional revenue and a decrease in 241,009 242.999 assets under management (AUM) pricing, partially offset by the To Set 204310 turn on werage tangible to shareholder equity GAAP francia. For more positive impact of AUM flows and higher market valuations. Information and a spordirection to the most closely related financial refred by Investment banking fees increased $315 million due to increases in oples perly cooped in the United States of America, see on GAAP Roosions on saget advisory fees and equity and debt underwriting fees. Other income decreased $468 million primarily due to lower gains 2018 2015 3 $ 5 2.75 5843 SERT 2005 11.04 32,754 Financial Highlights the Financial Highlights and Business Segment Operations sections in the MD&A of the Corporation's 2018 Annual Report on Form 10-K In the Consolidated Statement of Income, amounts related to certain asset and liability management (ALM) activities have been reclassified Net Interest Income from other income to market making and similar activities, which was Net interest income increased $729 million to $48.9 billion in 2019 previously referred to as trading account income. All prior periods compared 2018. Net interest yield on a fully taxable-equivalent (FTE) presented reflect this change, which has no impact on the basis decreased two basis points (bps) to 2.43 percent for 2019. The Corporation's total noninterest income or net income, and has no increase in net interest income was primarily driven by loan and impact on business segment results. For more information, see Note 1 deposit growth, partially offset by lower long-end rates. Assuming a - Sunwary of Significant Accounting Principles to the Consolidated stable economic and interest rate environment compared to Financial Statements December 31, 2019, we expect quarterly net interest income for the first two quarters of 2020 to be lower compared to the fourth quarter Table 1 Summary Income Statement and Selected Financial Data of 2019 driven by the impact of rates and one fewer day of interest accruals. Quarterly net interest income is expected to rise modestly in 2018 2011 the second half of 2020 due to one additional day of interest accruals and expected loan and deposit growth. For more information on net interest yield and the FTE basis, see Supplemental Financial Data on Net 48,001 $ page 27, and for more information on interest rate risk management, Noticon 42.850 see Interest Rate Risk Management for the Banking Book on page 74. Botare, fie pe 91,244 91020 Prows for creates 8,990 Noninterest Income heerkires PATRE 54,900 Incare bene 34,554 5324 4437 Table 2 Noninterest Income 27,450 Preferred to 1,432 Met hoone applicable to seekers 3 Feed Card TH 5.9 Perem We Services 7674 7.767 2.77 5 nestest and brokerage services 11.96 OM Iring Didad Total forn and creator 31 015 39,076 Pertama Market making and archiv Pataman 1.14 1211 Other more 1042 Total nierestone 42.353 42.858 Return on money 14.86 15.55 ht Noninterest income decreased $505 million to $42.4 billion in 2019 66.17 Bekne sheet tyen en compared to 2018. The following highlights the significant changes. 3 945.95 Service charges decreased $93 million primarily driven by lower Tot fees due to policy changes in 2018 and lower ATM volume in 2,434,079 2.354502 Consumer Banking 1,434,303 1341470 2,169,209 2.889.182 Investment and brokerage services income decreased $258 million Totalcarmen holders' equity primarily due to lower transactional revenue and a decrease in 241,009 242.999 assets under management (AUM) pricing, partially offset by the To Set 204310 turn on werage tangible to shareholder equity GAAP francia. For more positive impact of AUM flows and higher market valuations. Information and a spordirection to the most closely related financial refred by Investment banking fees increased $315 million due to increases in oples perly cooped in the United States of America, see on GAAP Roosions on saget advisory fees and equity and debt underwriting fees. Other income decreased $468 million primarily due to lower gains 2018 2015 3 $ 5 2.75 5843 SERT 2005 11.04