Bank of America Corporation (NYSE:BAC) Morgan Stanley US Financials, Payments & CRE Conference June 11, 2025 10:30 AM ET
Company Participants
Brian Thomas Moynihan – Chairman, CEO & President
Conference Call Participants
Betsy Lynn Graseck – Morgan Stanley, Research Division
Betsy Lynn Graseck
Kick off with our disclosure commentary. So for important disclosures, please see the Morgan Stanley research disclosure website at www.morganstanley.com, morganstanley.com/researchdisclosure. And taking a photograph, use of recording devices is also not allowed. If you have any questions, reach out here, Morgan Stanley sales representative.
Okay, with that out of the way, we are so thrilled and delighted to have with us today Brian Moynihan.
Brian Thomas Moynihan
It’s great to be here. Good to see you, Betsy.
Betsy Lynn Graseck
Chairman, CEO of Bank of America, just in case you didn’t catch the name, Brian Moynihan. Thank you so much.
Brian Thomas Moynihan
Good to be here. Thank you. You did a great job reading disclosures.
Question-and-Answer Session
Betsy Lynn Graseck
Yes. So now that I’ve got everybody warmed up post disclosure read. Brian, 15 years as Bank of America’s CEO, driving responsible growth and seeing the significant changes in the operating environment in the industry overall over the past 15 years, it’s — I’m thrilled to have you here to talk through how you see the current environment and the forward look.
So first off, can we talk a little bit about the current operating environment, given the considerable amount of policy uncertainty that we had at the beginning of the year and even running through to today. So let’s start a little bit with the macro on the consumer. How are you seeing the consumer spending, deposits, overall health?
Brian Thomas Moynihan
So I think if you look across the consumer and you think
