Bank of America Corporation (NYSE:BAC) Bank of America Securities Financial Services Conference February 21, 2024 8:00 AM ET Company Participants Brian Moynihan - Chairman, CEO & President Conference Call Participants Ebrahim Poonawala - BofA Securities Ebrahim Poonawala Good morning. I guess we'll go ahead and get started. So I would like to welcome you all to Bank of America's 32nd Annual Financial Services Conference. I'm Ebrahim Poonawala. I head North American Bank Research for BofA. This is the second ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-6523 Exact name of registrant as specified in its charter: Bank of America Corporation State or other jurisdiction of incorporation or ...

Bank of America cardholders and Starbucks Rewards members can link eligible accounts to earn 2% cash back from Bank of America and one Star per $2 spent at Starbucks CHARLOTTE, N.C. and SEATTLE, Feb. 15, 2024 /PRNewswire/ -- Today, Bank of America (NYSE: BAC) and Starbucks Coffee Company (NASDAQ: SBUX) announced a new partnership that offers millions of Bank of America cardholders and Starbucks Rewards® members in the U.S. the ability to earn even more benefits by linking accounts. Everyday Account Linking ...

Banks looking to attract new customers have traditionally offered things like toasters or free checks.Now Bank of America Corp. is reporting traction with its offer to waive the $20,000 minimum-balance requirement for access to its Preferred Rewards Gold Tier for employees who enroll in its Employee Banking & Investing program.Bank of America BAC, -2.13% said it has gotten about $10.5 billion in new deposits and investments from first-time and existing customers in the program, which it launched in 2020. T ...

The banking system has run into a fresh crisis, leaving several bank stocks to sell. Shares of New York Community Bancorp (NYSE:NYCB) plunged recently following a massive earnings miss and credit rating downgrade. This unleashed broader concerns about the state of the American regional banking system, particularly regarding credit quality and loans in the commercial real estate space.Many traders are looking to buy the lows, and understandably so. Many regional banking stocks have plunged in 2024 and could ...

Bank of America (BAC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this nation's second-largest bank have returned +0.8% over the past month versus the Zacks S&P 500 composite's +5.8% change. The Zacks Banks - Major Regional industry, to which Bank of America belongs, has lost 0.4% over this period. Now the key question is: Where could the stock be hea ...

Real-time alerts offer proactive and personalized insights, helping clients know when to log in and manage their financial lives CHARLOTTE, N.C., Feb. 12, 2024 /PRNewswire/ -- As Bank of America continues to personalize digital banking, clients are more frequently connecting with their finances digitally. In 2023, Bank of America clients connected with their finances more than 23.4 billion times through a combination of digital logins and proactive alerts – an 11% increase year over year and all-time record ...

Growing list of companies adding wellness tools and resources to help employees live their best financial lives CHARLOTTE, N.C., Feb. 8, 2024 /PRNewswire/ -- Bank of America today announced that over 450 corporate and commercial clients have enrolled in its Employee Banking & Investing (EBI) program – more than doubling the number of companies in the program from two years ago. Introduced in 2020, the program now provides nearly 4 million employees access to industry-leading financial education, rewards, an ...

The broader indices like the S&P 500 are turning lower and the loom of a recession nears, the Fed attempts its soft landing. Therefore, it’s more important than ever for investors to concentrate their holdings on undervalued stocks with strong fundamentals.Specifically, undervalued and otherwise speculative companies may be the first on the chopping block to be sold. On the positive side, taking a contrarian position in one’s portfolio may lead to strong gains.So with this context in mind, let’s examine thr ...

Big news dropped last week that could point to the end of widespread trouble for bank stocks. In a surprising move, Morgan Stanley analyst Betsy Graseck upgraded all three of these bank stocks. She pointed specifically to the likelihood of buybacks accelerating this year, with increased IPO and M&A deal generation bumping bank stocks’ collective bottom line.Bank stocks tend to be a bellwether for more comprehensive economic conditions; the Silicon Valley Bank collapse in 2023 was the first breaking point th ...