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Bank of America CEO Brian Moynihan told "Face the Nation with Margaret Brennan" that he has been hearing from customers that "affordability is a challenge" ami…
Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.
The Charlotte-based giant reported net income of $7.6 billion, or 98 cents per share -- the profit after taxes divided by the number of shares outstanding -- f…
The board is fielding shareholder demands for a clear plan to boost the bank's stock price - and a strategy to compete against its archrival, Jamie Dimon's JPM…
Moynihan is known for his wokeness (strict adherence to DEI until recently and "debanking" conservatives over the years including President Trump). He's also k…
"It's nice to want to continue as the CEO for five more years, but there's increasing pressure to improve performance and stock price," said Mike Mayo, banking…
The following is the transcript of an interview with Bank of America CEO Brian Moynihan that aired on "Face the Nation with Margaret Brennan" on Aug. 3, 2025.
Fueled by growing deposits and a boost in sales and trading revenue, Bank of America's first-quarter profit blows past Wall Street analyst estimates.
Sources believe Trump's victory was essentially a double whammy for the CEO - putting the bank in the crosshairs but also halting his own political aspirations.
"I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank,"…
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