Dec 11 (Reuters) - Bank of America ( BAC ) expects

regulatory changes under President-elect Donald Trump to favor

mergers and acquisitions among companies, including banks, CEO

Brian Moynihan said on Wednesday.

"Regulatory changes will be favorable for the ability to get

deals done," Moynihan told investors at the Goldman Sachs

Financial Services conference.

His comments echoed bullish commentary from rivals across

Wall Street, including Goldman Sachs ( GS ) and JPMorgan ( JPM )

this week.

Equity capital markets are seeing a little more activity,

which will ultimately boost initial public offerings, Moynihan

said.

"That's going to take a little bit of sort of valuation

alignment ultimately for the IPOs to get out, do well, and then

others will follow," he said.

The bank could see a 25% rise in investment banking fees in

the fourth-quarter from a year earlier, while wealth management

fees could grow 20%, Moynihan said. Trading revenue could hit a

record, he said.

Moynihan said he felt confident about fourth-quarter

target for net interest income (NII) - the difference between

what they earn on loans and pay out for deposits. That number

will continue to grow in 2025, he said.

The bank had forecast NII to be $14.3 billion or above in

the fourth quarter.

"We're seeing loan growth so far that would analyze out

to 4%, 4% plus, better than what we see in the industry... So

we're growing faster in the economy," he said.

The consumer was resilient and businesses were doing

well, Moynihan said.

The recent rally in bank stocks is "really, really

rational," the CEO said, drawing laughter from attendees.

He cited the U.S. interest rate and growth outlook as

constructive factors for the industry.

Shares of Bank of America ( BAC ) are up about 36% year-to-date.

The second-biggest U.S. bank has benefited from

consumers' robust financial health, which has spurred spending

and drawn in interest payments in recent quarters. The lender

derives 39% of its net income from its consumer business.

U.S. banks could fare even better in months to come.

Moody's Ratings recently changed its global outlook for banks to

stable from negative, as stable economic growth and lower

interest rates keep borrowers on track.

(Reporting by Saeed Azhar in Toronto, Lananh Nguyen in New York

and Arasu Kannagi Basil in Bengaluru)