Bank of America (BAC): FY24 Q4 earnings call, Jan 16, 2025

Thu, Jan 16Earnings callSpeaker-labelled transcriptBank of America

No Kalshi or Polymarket word markets were listed for Bank of America’s Jan 16, 2025 earnings call (FY24 Q4). The transcript is searchable below (quotes of at most 25 words).

Updated

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

12 matches for “Wealth”; 5 quoted, at least 25 words apart.

Brian Moynihancompanyprepared · 5:59Hear it 5:59, Brian Moynihan

…the fourth quarter of 2024. So back to Slide 3. In our wealth management business, we added 24,000 new households in 2024. We ended the…

Alastair Borthwickcompanyprepared · 25:50Hear it 25:48, Alastair Borthwick

…of enhanced capabilities from these investments. On Slide 14, we move to Wealth Management, where the business had a very profitable year, generating $4.2 billion…

Alastair Borthwickcompanyprepared · 26:25Hear it 26:19, Alastair Borthwick

…product usage from our investing clients, the diversity of revenue in the wealth business continues to improve. The number of GWIM clients that now have…

Alastair Borthwickcompanyqa · 35:38Hear it 35:34, Alastair Borthwick

…their accounts. But we're highlighting here consumer found its floor in August, wealth found its floor in July. And that's giving some support then as…

Brian Moynihancompanyqa · 38:09Hear it 38:05, Brian Moynihan

…when you get to higher growth rates, especially where it's coming from Wealth Management business, market-based business, businesses in investment banking, it attaches a higher…

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