Bank of America Reports Fourth Quarter 2024 Financial Results

Rhea-AI Summary

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.

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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 

 

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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.