How Much Will Higher Interest Rates Help Bank of America?

With the Federal Reserve meeting next week to decide whether to raise interest rates, it's worth reviewing Bank of America's (NYSE: BAC) latest interest rate sensitivity analysis. The nation's second-biggest bank by assets publishes these in its 10-Q, which public companies file each quarter with the Securities and Exchange Commission.

Bank of America's analysis lays out three rising rate scenarios. The first assumes that only short-term rates rise 100 basis points, or 1 full percentage point. The second assumes that only long-term rates rise 100 basis points. The third assumes short- and long-term rates increase simultaneously by 100 basis points.

Scenario

Source: Fool.com