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Bank of America CEO: ‘Consumers are Still Solidly in the Game'
BACBank of America(BAC) PYMNTS.com·2025-04-15 17:11

Highlights Consumer spending remains robust, according to Bank of America’s latest earnings report. Digital engagement continues to accelerate: Bank of America is seeing significant growth in digital adoption. Businesses are cautiously optimistic amid tariff concerns. Consumers are still spending, Bank of America’s earnings showed Tuesday (April 15), despite the volatility of what CEO Brian Moynihan termed a “changing economy.”  The supplementals revealed that credit and debit spend was up 4%, w ...