Bank of America Corporation (NYSE:BAC) is one of Jim Cramer’s Recession-Proof Stock Picks. Addressing the stock in one of his episodes, Jim Cramer says, “Don’t wait”. Bank of America Gains Jim Cramer’s Backing Amid Fintech Funding and Strong Institutional Support On September 23, 2025, Bank of America Corporation (NYSE:BAC), alongside other major banks including Citi and Goldman Sachs, backed a $136 million funding round for Fnality. The London-based fintech, Fnality, lets banks engage in transactions t ...

, /PRNewswire/ -- As previously announced, Bank of America will report its third quarter 2025 financial results on Wednesday, October 15. The results will be released at approximately 6:45 a.m. ET, followed by an investor conference call at 8:30 a.m. ET. Lee McEntire, Bank of America Phone: 1.980.388.6780 [email protected] The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings. ...

With a market cap of $18.8 billion, Principal Financial Group, Inc. (PFG) is a leading global investment management company providing retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients. The company focuses on delivering comprehensive financial solutions through its diverse segments, with a strong emphasis on serving small and medium-sized businesses in the United States. The Des Moines, Iowa-based company is set to release its fiscal Q3 ...

Core Insights - Bank of America has appointed Kelly Firment as the new president of Bank of America Delaware, succeeding Chip Rossi who retired after a 40-year career with the bank [1][3] - Kelly Firment will also continue her role as Small Business and Vehicle Client Services Executive, overseeing services for over 3.4 million small business clients and 1.8 million vehicle lending clients [4] Company Overview - Bank of America is a leading financial institution serving approximately 69 million consumer and small business clients through around 3,700 retail financial centers and approximately 15,000 ATMs [7] - The bank is recognized for its digital banking services, with approximately 59 million verified digital users, and offers a wide range of financial products and services globally [7] Leadership and Community Engagement - Kelly Firment has a long history with Bank of America, having joined in 1988, and has held various influential roles in operations, strategic planning, and marketing [3] - She is committed to community empowerment and has served in advisory roles at several universities, focusing on leadership development and mentorship opportunities [5]

Group 1 - JPMorgan Chase & Co. is being discussed as a potential next trillion-dollar stock, currently valued at just over $850 billion, with a 29% increase for the year [1] - The significant market cap increase is noted to occur just before an important Federal Reserve meeting, where a quarter-point rate cut is anticipated despite rising inflation [1] - The article highlights the difficulty of crossing the trillion-dollar market cap barrier, indicating the importance of this milestone for JPMorgan [1] Group 2 - JPMorgan Chase & Co. provides a wide range of financial services, including consumer banking, lending, payments, credit cards, mortgages, investment banking, securities services, asset management, and wealth solutions [2]

PresentationLindsey CrabbeDirector of Investor Relations Good morning, everyone, and thank you for joining us today. I'm Lindsey Crabbe, and I'm pleased to serve as today's moderator. Joining me are Rich Byrne, CEO of FBRT; Mike Comparato, President of FBRT; and Jerry Baglien, CFO and COO of FBRT. Before we get started, there's just a few housekeeping notes. We are going to record this webinar and post it to our website so anyone can join if they'd like to in the future. And please take a moment to review t ...

Core Insights - The acquisition of Newpoint by FBRT was completed on July 1, enhancing FBRT's capabilities in commercial real estate finance [3] - Newpoint is recognized as a leading vertically integrated company in the sector, providing various services including loan origination and asset management [3] - This acquisition positions FBRT to improve income stability and supports long-term growth in book value per share [3] Company Overview - FBRT's leadership includes CEO Rich Byrne, President Mike Comparato, and CFO Jerry Baglien, who participated in the recent webinar [1] - The company aims to leverage the acquisition to strengthen its agency origination and servicing platform [3] Industry Context - Newpoint is one of only 19 multifamily originators in the U.S. approved by all three Government-Sponsored Enterprises (GSEs): Fannie Mae, Freddie Mac, and FHA/HUD [3] - The acquisition reflects a strategic move within the commercial real estate finance industry to consolidate services and enhance operational capabilities [3]

Core Insights - The Principal Financial Group is a global leader in investment management, offering a variety of financial products and services including retirement services, insurance solutions, and asset management [1] - Founded in 1879, the company is a member of the FORTUNE 500 and manages $519.3 billion in assets [1] - The Principal serves approximately 19.7 million customers worldwide from offices located in Asia, Australia, Europe, Latin America, and the United States [1] - The company is publicly traded on the New York Stock Exchange under the ticker symbol PFG [1] Company Overview - Principal Financial Group provides a diverse range of financial products and services to businesses, individuals, and institutional clients [1] - The company includes various financial services companies under its umbrella, focusing on retirement, asset management, and insurance [1] - Insurance products are issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Co [1] Additional Information - Plan administrative services are offered by Principal Life [1] - Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. [1] - Securities are offered through Princor Financial Services Corp., which is a member of SIPC and/or independent broker/dealers [1]

Core Insights - Zacks Premium offers various tools to enhance investor confidence and market engagement, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to complement the Zacks Rank, providing additional metrics to help investors identify stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum, with A being the highest score indicating a better chance of outperforming the market [3] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [4] - The Growth Score assesses a company's financial health and future growth potential through earnings and sales projections [5] - The Momentum Score identifies trends in stock prices and earnings estimates to optimize entry points for investments [6] - The VGM Score combines the three Style Scores to highlight stocks with the best overall value, growth, and momentum characteristics [6] Zacks Rank and Style Scores Interaction - The Zacks Rank utilizes earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.75% since 1988, significantly outperforming the S&P 500 [7] - With over 800 top-rated stocks available, the Style Scores assist investors in narrowing down their choices [8] - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while also considering the trend of earnings estimate revisions [9][10] Company Spotlight: Northern Trust Corporation - Northern Trust Corporation, based in Chicago, is a prominent provider of wealth management and banking solutions, serving a diverse clientele [11] - The company holds a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating strong potential for growth [11] - Northern Trust is projected to achieve a year-over-year earnings growth of 10.9% for the current fiscal year, with upward revisions in earnings estimates from analysts [12] - The company has an average earnings surprise of +7.6%, making it a compelling option for growth investors [12]

Core Points - Bank of America will host an Investor Day on November 5, 2025, in Boston, featuring presentations from the Management Team [1] - A live webcast and related materials will be available on the Investor Relations website, with a replay option [1] - Additional details, including dial-in information, will be provided closer to the event date [2] Company Overview - Bank of America is a leading global financial institution, offering a comprehensive range of banking, investing, asset management, and risk management services [3] - The company serves approximately 69 million consumer and small business clients through around 3,700 retail financial centers and approximately 15,000 ATMs [3] - Bank of America has about 59 million verified digital users, showcasing its strong digital banking capabilities [3] - The company is a global leader in wealth management, corporate and investment banking, and trading across various asset classes [3] - It provides industry-leading support to approximately 4 million small business households with innovative online products and services [3] - Bank of America operates in the United States, its territories, and over 35 countries, with its stock listed on the New York Stock Exchange (NYSE: BAC) [3]