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Bank of America Reports Fourth Quarter 2024 Financial Results

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Bank of America (NYSE: BAC) announced its fourth quarter 2024 financial results. The company's CEO Brian Moynihan and CFO Alastair Borthwick will discuss the results in an investor conference call. Bank of America serves approximately 69 million consumer and small business clients through 3,700 retail financial centers and 15,000 ATMs, with approximately 58 million verified digital users.

The company provides comprehensive banking, investing, asset management, and risk management services. It supports about 4 million small business households and operates across the United States and more than 35 countries. The bank maintains a strong presence in wealth management, corporate and investment banking, and trading across various asset classes.

La Bank of America (NYSE: BAC) ha annunciato i risultati finanziari del quarto trimestre 2024. Il CEO dell'azienda, Brian Moynihan, e il CFO, Alastair Borthwick, discuteranno dei risultati durante una teleconferenza per gli investitori. Bank of America serve circa 69 milioni di clienti tra consumatori e piccole imprese attraverso 3.700 filiali finanziarie al dettaglio e 15.000 ATM, con circa 58 milioni di utenti digitali verificati.

L'azienda offre servizi bancari, di investimento, gestione patrimoniale e gestione del rischio completi. Supporta circa 4 milioni di famiglie di piccole imprese e opera in tutti gli Stati Uniti e in oltre 35 paesi. La banca mantiene una forte presenza nella gestione patrimoniale, nella banca corporate e di investimento e nel trading in diverse classi di attivo.

Bank of America (NYSE: BAC) anunció sus resultados financieros del cuarto trimestre de 2024. El CEO de la empresa, Brian Moynihan, y el CFO, Alastair Borthwick, discutirán los resultados en una llamada de conferencia para inversores. Bank of America atiende aproximadamente a 69 millones de clientes de consumo y pequeñas empresas a través de 3,700 centros financieros minoristas y 15,000 cajeros automáticos, con aproximadamente 58 millones de usuarios digitales verificados.

La empresa ofrece servicios integrales de banca, inversión, gestión de activos y gestión de riesgos. Apoya a cerca de 4 millones de hogares de pequeñas empresas y opera en Estados Unidos y en más de 35 países. El banco mantiene una sólida presencia en la gestión de patrimonios, la banca corporativa y de inversión, y el comercio en varias clases de activos.

은행 오브 아메리카(Bank of America, NYSE: BAC)는 2024년 4분기 재무 결과를 발표했습니다. 회사의 CEO인 브라이언 모이니한(Brian Moynihan)과 CFO인 알라스테어 보스윅(Alastair Borthwick)은 투자자 컨퍼런스 콜에서 결과를 논의할 것입니다. 은행 오브 아메리카는 3,700개 소매 금융 센터와 15,000개의 ATM을 통해 약 6,900만 명의 개인 및 소기업 고객에게 서비스를 제공하며, 약 5,800만 명의 검증된 디지털 사용자 수를 보유하고 있습니다.

이 회사는 포괄적인 은행업, 투자, 자산 관리 및 리스크 관리 서비스를 제공합니다. 약 400만 개의 소기업 가계를 지원하며, 미국 전역과 35개 이상의 국가에서 운영됩니다. 이 은행은 자산 관리, 기업 및 투자 은행 업무, 다양한 자산 클래스에서 거래하는 분야에서 강력한 존재감을 유지하고 있습니다.

La Bank of America (NYSE: BAC) a annoncé ses résultats financiers pour le quatrième trimestre 2024. Le CEO de l'entreprise, Brian Moynihan, et le CFO, Alastair Borthwick, discuteront des résultats lors d'une conférence téléphonique pour les investisseurs. Bank of America sert environ 69 millions de clients particuliers et de petites entreprises à travers 3 700 centres financiers de détail et 15 000 distributeurs automatiques de billets, avec environ 58 millions d'utilisateurs numériques vérifiés.

L'entreprise propose des services bancaires, d'investissement, de gestion d'actifs et de gestion des risques complets. Elle soutient environ 4 millions de foyers de petites entreprises et opère aux États-Unis et dans plus de 35 pays. La banque maintient une forte présence dans la gestion de patrimoine, la banque d'affaires et d'investissement et le trading dans diverses classes d'actifs.

Die Bank of America (NYSE: BAC) hat ihre finanziellen Ergebnisse für das vierte Quartal 2024 bekannt gegeben. Der CEO des Unternehmens, Brian Moynihan, und der CFO Alastair Borthwick werden die Ergebnisse in einer Investorenkonferenz besprechen. Bank of America betreut rund 69 Millionen Privat- und Kleinunternehmenskunden über 3.700 Filialen und 15.000 Geldautomaten, mit etwa 58 Millionen verifizierten digitalen Nutzern.

Das Unternehmen bietet umfassende Bank-, Investitions-, Vermögensverwaltungs- und Risikomanagement-Dienstleistungen an. Es unterstützt etwa 4 Millionen kleine Unternehmen und ist in den Vereinigten Staaten sowie in mehr als 35 Ländern tätig. Die Bank hat eine starke Präsenz im Wealth Management, der Unternehmens- und Investmentbanking sowie im Handel mit verschiedenen Anlageklassen.

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Insights

This press release announces BAC's Q4 2024 earnings but critically lacks the actual financial figures and performance metrics. While earnings releases are typically highly impactful news events, this particular announcement is merely procedural, containing only conference call details and general company information. Without the actual financial results (revenue, EPS, net income, etc.), meaningful analysis of the company's performance and its impact on investors cannot be conducted. The timing of the conference call (11:00 AM ET today) suggests the detailed results will be discussed then. Investors should wait for the actual financial figures to be released during the call or through the investor relations website to make informed assessments of BAC's quarterly performance.

CHARLOTTE, N.C., Jan. 16, 2025 /PRNewswire/ -- Bank of America reported its fourth quarter 2024 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 an investor 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 live audio 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 investor 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 16 through 11:59 p.m. ET on January 26. 

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 69 million consumer and small business clients with 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital 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 4 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 more than 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 news email alerts.

Investors May Contact:

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

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

Reporters May Contact:

Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-america-reports-fourth-quarter-2024-financial-results-302353132.html

SOURCE Bank of America Corporation

FAQ

When did Bank of America (BAC) release its Q4 2024 earnings?

Bank of America released its Q4 2024 earnings on January 16, 2025.

How many retail financial centers does BAC operate in 2024?

Bank of America operates 3,700 retail financial centers across the United States.

How many verified digital users does BAC have in Q4 2024?

Bank of America has approximately 58 million verified digital users.

How many countries does BAC operate in as of Q4 2024?

Bank of America operates across the United States and more than 35 countries.

How many consumer and small business clients does BAC serve?

Bank of America serves approximately 69 million consumer and small business clients.

Bank of America Corporation

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