Economic Overview - U.S. consumers are facing financial pressure due to restrictive monetary policy, persistent inflation in essential services, and uneven real wage growth, with total consumer debt exceeding $18 trillion by the end of Q3 2025, up from $17.7 trillion in January 2025, primarily driven by credit card balances, auto loans, and personal lending [1] - Aggregate consumer delinquency rates increased to 4.5% by the end of Q3 2025, the highest since early 2020, influenced by structural factors such as inflation in non-discretionary categories and the resumption of student loan repayments [3] Consumer Confidence - U.S. consumer confidence has weakened throughout 2025, with the Consumer Confidence Index declining for the fifth consecutive month in December, remaining below early-year levels, and the Expectations Index dropping from 104.1 in January to 70.7 in December, indicating growing pessimism about economic prospects [4] Banking Sector Analysis - Rising consumer credit stress may lead to higher loan defaults and delinquencies, prompting banks to increase provisions and potentially hurting profits, while weaker demand for new loans and tighter lending standards could limit interest income [2] - Banks with strong capitalization, diversified revenue streams, and solid liquidity, such as Bank of America (BAC), Wells Fargo (WFC), and U.S. Bancorp (USB), are better positioned to withstand these pressures [2] Bank of America (BAC) - BAC reported total assets of $3.40 trillion as of September 30, 2025, with resilient asset quality and a 4.8% year-over-year decline in net charge-offs, reflecting improved portfolio performance [10][11] - The bank plans to open over 150 financial centers by 2027, supporting sustainable revenue growth while maintaining cost discipline [12] - The Zacks Consensus Estimate for BAC's 2026 earnings is $4.33 per share, indicating a 13.9% increase from the prior year [14] Wells Fargo (WFC) - WFC, with $2.06 trillion in assets as of September 30, 2025, has shown improving credit fundamentals, with a 17.2% year-over-year decline in net charge-offs and a 19% decrease in provisions for credit losses [17][18] - The removal of the longstanding asset cap allows WFC to expand deposits and grow its loan portfolio, supporting stronger earnings generation [19] - The Zacks Consensus Estimate projects WFC's 2026 earnings at $7.01 per share, suggesting an 11.7% increase from the prior year's actual [22] U.S. Bancorp (USB) - USB, headquartered in Minneapolis, MN, has demonstrated gradual improvement in asset quality, with a 4.1% year-over-year decline in provisions for credit losses and an 8.3% decrease in net charge-offs [25][26] - The bank is focusing on expanding its market presence and fee-based income through targeted acquisitions and partnerships, which are expected to support loan growth and improve earnings durability [27][28] - The Zacks Consensus Estimate for USB's 2026 earnings stands at $4.89 per share, indicating a 7.5% increase from the prior year's actual [30]

格隆汇12月30日｜美国银行CEO莫伊尼汉(Brian Moynihan)近日批评市场对美联储利率变动的关注已达 到"痴迷过度"的程度。他强调，民营部门，包括小型、中型和大型企业以及企业家们，才是驱动经济成 长的主要力量。莫伊尼汉指出，美联储的职责仅在危机时期，例如在金融冲击下作为"最后贷款人"来稳 定市场与物价时才最为关键。他坦言，在非危机时刻，大家其实不应该感觉到它的存在。 ...

在年末最后几个交易日缺乏明显催化剂的背景下，周二股市难以凝聚动能，美元维持跌势，在岸人民币 一举突破7关口。白银和黄金则在从历史高位大幅回落后重新企稳。 截至发稿，道指期货跌0.06%，标普500指数期货跌0.07%，纳指期货跌0.10%。 欧洲与亚洲股市相关指标小幅波动。周二是包括德国、日本和韩国在内的多个股市今年的最后一个交易 日。 欧洲斯托克600指数今年上涨16%，不断刷新历史高位，并在以美元计价的表现上超越标普500指数。银 行板块领涨，年内大涨65%，有望创下自1997年以来最大年度涨幅，主要受益于强劲盈利表现以及慷慨 的股东回报。 标普500指数期货基本持平，此前美国基准股指连续两个交易日下跌。 全球股市乐观跨年 尽管近期行情表现平淡，全球股市仍有望实现连续第三年年度上涨。MSCI全球股票指数2025年累计上 涨约21%，并有望录得2019年以来最佳年度表现。 新加坡SGMC Capital高级合伙人Mohit Mirpuri表示："这轮回撤更像是健康的整理，而非趋势发生变 化。" 从历史规律看，投资者在迈入新一年之际有理由保持乐观。彭博汇编数据显示，在过去10个年份的1 月，该指数平均上涨1. ...

Bank of America Corp. (NYSE:BAC) CEO Brian Moynihan says America's fixation on Federal Reserve rate moves has overshadowed the private sector's role in powering the economy, even as mounting political pressure raises fears over the central bank's independence.Moynihan Says Fed Focus Distracts From Private-Sector StrengthOn Sunday, in an interview on CBS News' Face the Nation, Moynihan argued the U.S. economy is "much bigger" than the Federal Reserve and urged Americans not to treat small rate changes as dec ...

Bank of America Corporation (NYSE:BAC) is included among the 10 Cash-Rich Stocks to Buy Now. Bank of America (BAC) Estimates Refreshed After Keefe Bruyette Review Photo by Dan Dennis on Unsplash On December 17, Keefe Bruyette analyst Christopher McGratty raised the firm’s price target on Bank of America Corporation (NYSE:BAC) to $64 from $58 and kept an Outperform rating on the shares. The update followed recent conferences and meetings with management, which led the firm to refresh its estimates. Ear ...

Let's turn now to the big tech story. We love the big tech stories that come out every day from Bloomberg News, deeply sourced, just great, fascinating stories. Really well done.This one goes to Wall Street's balance of power shifting. Big banks are roaring back as act As regulation eases, lending surges and private credit giants lose some of their luster there. Bloomberg's Catherine Chu Glinski helps lead our investing coverage.She is the pride of the blame Emory University, but she leads our coverage on a ...

Bank of America CEO Brian Moynihan is forecasting an easing of tariff-related tensions next year.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Moynihad said during an interview Sunday (Dec. 28) with CBS News that ...

Bank of America CEO Brian Moynihan pointed out that the U.S. economy is much bigger than the Federal Reserve, which shouldn’t merit so much attention. In an interview with CBS News’ Face the Nation that aired Sunday, he was asked about President Donald Trump’s upcoming nomination of a new Fed chair to replace Jerome Powell and what it means for consumers. “There’s too much fascination with the Fed,” Moynihan said. The economy is driven by the private sector, which includes small, medium, and large compa ...

美国银行（BAC）首席执行官布莱恩·莫伊尼汉表示，若美联储失去独立性，市场将"予以惩罚"，同时 指出消费者支出依然坚挺，关税影响也在不断演变。 责任编辑：张俊 SF065 美国银行（BAC）首席执行官布莱恩·莫伊尼汉表示，若美联储失去独立性，市场将"予以惩罚"，同时 指出消费者支出依然坚挺，关税影响也在不断演变。 新浪合作大平台期货开户 安全快捷有保障 责任编辑：张俊 SF065 新浪合作大平台期货开户 安全快捷有保障 ...

实际上，现在各家银行都已经开发出了自己的手机APP。储户只要下裁并打开APP，输入自己的银行卡 号和密码，就可以在手机银行APP上轻松办理各类存取款业务。如此一来，储户就不需要再排队去银行 网点办理业务了。此外，手机银行APP还可以办理转账、购买银行理财产品等业务，用户即使是足不出 户，也可以办理这些业务了。所以，现在去银行物理网点办理业务的人是越来越少了。 不过，也有一些人还是要去银行营业厅办理业务的，主要有两大类人群：一个是，老年人群体。很多老 年人平时喜欢用现金进行结算支付。每个月发放退休金的时候，部分老年人就会去银行网点办理业务。 每个月银行营业厅热闹也就是这几天时间。而为了方便老年人使用手机APP，现在有不少银行推出 了"老年版"App，主要是让操作界面更加简化，以及字体放大，此举就是让老年人使用手机银行APP办 理业务更加方便和快捷。 曾几何时，银行的营业厅里都是来办理各种业务的人，既便是用"人满为患"来比喻都不为过。有的人来 银行办理转账业务，有的人来银行办理存款业务，还有很多老年人每个月都要来银行办理提取现金业 务。为此，有不少储户都在抱怨："在银行排队需要半小时，而办理业务却不到5分钟，这实 ...