Bank of America Reports First Quarter 2025 Financial Results

Rhea-AI Summary

Bank of America (BAC) announced its first quarter 2025 financial results on April 15, 2025. The company will host an investor conference call at 8:30 a.m. ET featuring CEO Brian Moynihan and CFO Alastair Borthwick to discuss the results.

The bank currently serves approximately 69 million consumer and small business clients through 3,700 retail financial centers and 15,000 ATMs. Their digital banking platform boasts approximately 58 million verified users. The institution provides support to about 4 million small business households and operates across the United States and more than 35 countries.

Positive

• Large customer base of 69 million consumer and small business clients
• Strong digital presence with 58 million verified digital users
• Extensive physical network of 3,700 retail centers and 15,000 ATMs
• Global presence in over 35 countries

Negative

• None.

News Market Reaction

+3.60%

1 alert

+3.60% News Effect

On the day this news was published, BAC gained 3.60%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHARLOTTE, N.C., April 15, 2025 /PRNewswire/ -- Bank of America reported its first quarter 2025 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 8:30 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 April 15 through 11:59 p.m. ET on April 25. 

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 is listed on the New York Stock Exchange (NYSE: BAC).

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 

View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-america-reports-first-quarter-2025-financial-results-302428806.html

SOURCE Bank of America Corporation

FAQ

When did Bank of America (BAC) release its Q1 2025 earnings?

Bank of America released its Q1 2025 earnings on April 15, 2025.

How many retail financial centers does BAC operate as of Q1 2025?

Bank of America operates 3,700 retail financial centers across its network.

What is Bank of America's (BAC) current digital banking user base?

BAC has approximately 58 million verified digital banking users.

How many small business households does BAC support?

Bank of America supports approximately 4 million small business households.