You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Merrill Wealth Management plans to double its organic growth rate in the next several years, with Merrill Co-Head Eric Schimpf arguing the firm has the “power and scale to be outpacing the industry” during Bank of America’s Investor Day. According to Bloomberg, today’s Investor Day in Boston is Bank of America’s first in nearly 15 years. Several weeks ago, the bank reported a 10% and 12% year-over ...

CNBC's Becky Quick sits down with Bank of America CEO Brian Moynihan at the bank's first investor day in fourteen years. ...

Hey David, thank you very much. And Brian, thank you for joining us this morning. Um, as David pointed out, this has been a long time in the making.It's been almost 15 years since you've had an annual meeting. Um, why now. >> Well, I think it's time for us to put the Bible on the table that how all the business are performing.So, our teammates are in there telling our investors, we've grown. We have the potential to grow even faster. We have competitive capabilities that very few have.And that growth turns ...

Group 1 - The core focus of Bank of America's wealth business is to achieve a net new asset growth target of 4% to 5% in the medium term [1]

Bank of America (NYSE:BAC) 2025 Investor Day Summary Company Overview - **Company**: Bank of America (BAC) - **Event**: 2025 Investor Day - **Date**: November 05, 2025 Key Points and Arguments Financial Performance - Bank of America reported a revenue growth of **11%** in Q3 2025, with **600 basis points** of operating leverage [doc id='44'] - Deposits grew by **4%** year-over-year, while loans increased by **9%** year-over-year [doc id='44'] - Earnings per share (EPS) grew by **31%** year-over-year [doc id='44'] - The company has maintained strong asset quality, with improvements noted in consumer asset quality over recent quarters [doc id='45'] Strategic Focus - The company emphasizes a **client-focused model**, aiming to build long-term relationships rather than focusing on single transactions [doc id='6'] - Bank of America operates through **eight lines of business**, each tailored to meet distinct customer needs, enhancing collaboration and seamless client experiences [doc id='15'] - The company has invested over **$100 billion** in technology over the past decade, with plans to spend **$4 billion** on technology initiatives in 2025 [doc id='33'] Market Position - Bank of America is positioned as the **largest small business lender** in the U.S., supporting entrepreneurs with tools, advice, and capital [doc id='19'] - The company has a significant presence in **37 countries**, with **80%** of its revenue generated from the U.S. market [doc id='8'] - The average financial center holds **$500 million** in deposits, significantly exceeding industry averages [doc id='31'] Client Relationships - The core operating account is central to client relationships, with **70%** of deposits in consumer or operating accounts, totaling **$1.4 trillion** [doc id='28'] - Bank of America has achieved **27 consecutive quarters** of net new checking account growth, with over **5 million** primary household accounts [doc id='29'] - The company boasts a **99%** retention rate for clients in its rewards program, indicating strong relationship management [doc id='50'] Technology and Innovation - The company is leveraging **artificial intelligence** to enhance client experiences and streamline operations, with tools already in use for real-life applications [doc id='14'] - Digital capabilities are a key focus, with **79%** digital adoption among clients and **66%** of sales in Q3 coming from digital channels [doc id='10'][doc id='55'] - The virtual financial assistant, **Erica**, has facilitated **3 billion** customer interactions since its launch [doc id='55'] Community and Employee Investment - Bank of America has increased its minimum starting wage by **67%** since 2018, now at **$25** per hour, and has expanded its stock ownership program for employees [doc id='35'] - The company invests in community initiatives such as affordable housing and small business lending, recognizing that strong communities contribute to business strength [doc id='34'] Macro Environment - The company acknowledges challenges such as interest rates, inflation, and geopolitical tensions but remains optimistic about the U.S. economy's resilience, driven by consumer activity [doc id='43'][doc id='44'] - Asset quality remains solid, with a decline in criticized assets and improved commercial credit [doc id='45'] Additional Important Insights - The company’s integrated approach allows it to deliver a full range of capabilities to clients, enhancing both local and global service delivery [doc id='25'] - Bank of America’s competitive advantage lies in its ability to grow with clients as their needs evolve, offering tailored solutions at every stage of their financial lives [doc id='17'] - The company has plans for further expansion in new markets, enhancing its nationwide franchise capabilities [doc id='24] This summary encapsulates the key points discussed during the Bank of America 2025 Investor Day, highlighting the company's financial performance, strategic focus, market position, client relationships, technology investments, community engagement, and macroeconomic outlook.

Core Insights - Bank of America Corp. has raised its long-term profit growth outlook, indicating a positive shift in its financial expectations [1] Company Summary - The bank's stock has experienced significant gains throughout the year, reflecting strong market performance [1] - Despite the improved outlook, investor reaction was lukewarm, suggesting that the market may have already priced in the anticipated growth [1]

Bank of America's Strategic Priorities - Bank of America aims to drive organic growth while managing risk and expenses to deliver industry-leading shareholder value through strong profitability and capital management[6, 64] - The company focuses on executing a customer and client-focused model leveraging industry-leading platforms across integrated world-class businesses[6] - Bank of America emphasizes technology leadership fueled by continuous investments in both high-tech and high-touch capabilities[6] Financial Performance and Targets - Bank of America's Consumer Banking segment reported $108 billion in net income in 2024 with a 25% return on average allocated capital[76] - The Global Wealth & Investment Management (GWIM) segment had $43 billion in net income in 2024 with a 23% return on average allocated capital[207] - The Global Banking segment's net income was $81 billion in 2024 with a 17% return on average allocated capital[320] - The Global Markets segment's net income was $56 billion in 2024 with a 12% return on average allocated capital[552] Growth and Innovation - Bank of America is investing over $100 billion in technology over the past decade, including $15 billion+ in data capabilities since 2021[43] - The company is expanding its footprint in growth markets, with plans for 6 additional markets through 2028[161] - Bank of America is leveraging AI to drive innovation and improve productivity, with investments in Erica and AI-enabled processes[43]

2. 13F Reports Only Require Long Positions to be Disclosed: An investor may gain confidence in their position if they see that an institutional investor is long the stock. However, in theory, the fund can hold an equally large, or even larger, undisclosed short position. In other words, the portfolio manager may have a complex position betting on the stock to go down, but the 13F disclosure shows that the manager is instead bullish on the stock.1. 13F Filings Represent Stale Data: The biggest trap amateur i ...

Bank of America, seeking to revive a stock that’s trailing its main US peers this year, laid out a slew of new financial targets https://t.co/RlxUGN5eZS ...

格隆汇11月5日｜美国银行：预计中期净利息收入（FTE）复合年增长率将达5%-7%。预计3至5年内有 形普通股回报率将达16%-18%。 ...