Bank of America Reports Fourth-Quarter 2021 Financial Results

Rhea-AI Summary

Bank of America announced its fourth-quarter 2021 financial results today, delivering comprehensive insights into its performance. The company serves approximately 67 million clients in the U.S. through 4,200 financial centers, 16,000 ATMs, and boasts 41 million digital banking users. CEO Brian Moynihan and CFO Alastair Borthwick will discuss these results in a conference call at 11:00 a.m. ET. For further details, the news release and presentation are available on their Investor Relations website.

Positive

• Strong client base with approximately 67 million consumers and small business clients.
• 4,200 retail financial centers and 16,000 ATMs enhance service accessibility.
• 41 million active digital banking users show robust digital growth.

Negative

• None.

CHARLOTTE, N.C., Jan. 19, 2022 /PRNewswire/ -- Bank of America reported its fourth-quarter 2021 financial results today. 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.

Investor Conference Call information:

Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in a conference call at 11:00 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795.

Please dial in 10 minutes prior to the start of the call. Investors can also listen to a live audio webcast of the conference call and view the presentation slides by visiting the Events and Presentations section of the company's Investor Relations website.

Replay information for Investor Conference Call:

Investors can access replays of the conference call by visiting the Investor Relations website or by calling 1.800.934.4850 (U.S.) or 1.402.220.1178 (international) from noon on January 19 through 11:59 p.m. ET on January 29. 

Bank of America

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 41 million active users, including approximately 33 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for email news alerts.

Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com

Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com

Reporters May Contact:
Jerry Dubrowski, Bank of America
Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
jerome.f.dubrowski@bofa.com

Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
christopher.feeney@bofa.com

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SOURCE Bank of America Corporation

FAQ

What were Bank of America's fourth-quarter 2021 financial results?

Bank of America reported its fourth-quarter 2021 financial results on January 19, 2022. Detailed figures can be found in their investor presentation.

When is the Bank of America investor conference call?

The investor conference call for Bank of America will take place at 11:00 a.m. ET on January 19, 2022.

How many digital banking users does Bank of America have?

Bank of America has approximately 41 million active digital banking users, including 33 million mobile users.

What is the significance of Bank of America's financial performance in Q4 2021?

The Q4 2021 financial performance highlights Bank of America's market position and client engagement, reflecting strong operational metrics.