brian moynihan chairman and chief executive officer of bank of america corp speaks in new york city september 25 2019 bank of america is scheduled to report fourthquarter earnings before the opening bell wednesday  heres what wall street expects   earnings 76 cents a share 29 higher than a year earlier according to refinitiv   net interest income 113 billion on a reported basis according to streetaccount how has bank of america navigated the jump in employee expenses that has stung rivals thats the question of the moment after jpmorgan chase goldman sachs and citigroup all disclosed sharply higher fourthquarter costs driven by rising worker compensation bank of america led by ceo brian moynihan had enjoyed tailwinds in recent months as rising interest rates and a rebound in loan growth promised to boost the industrys profitability but that narrative went off course after banks began disclosing the impact of wage inflation on results analysts are likely to ask management about the impact of the banks recent decision to eliminate some fees and reduce overdraft charges to 10 from 35 shares of bank of america have climbed 4 this year before wednesday underperforming the 86 gain of the kbw bank index jpmorgan and citigroup each reported the smallest earnings beats in the last seven quarters and goldman sachs missed estimates for fourth quarter profit because of elevated expenses wells fargo has been the sole bright spot so far in bank earnings after it gave targets for higher interest income and lower expenses this story is developing please check back for updates