Bank of America Corp (LSE:0Q16)

$ 44.075 0.15 (0.34%) Market Cap: 336.92 Bil Enterprise Value: 393.10 Bil PE Ratio: 16.02 PB Ratio: 1.24 GF Score: 73/100

Bank of America Corp at Sanford C Bernstein Strategic Decisions Conference Transcript

May 29, 2019 / 07:30PM GMT

Release Date Price: $27.95 (-1.20%)

Transcript

John Eamon McDonald

Sanford C. Bernstein & Co., LLC., Research Division - Former Senior Analyst

Okay. We're ready to get started. Thanks very much, everyone. We're very happy to have Brian Moynihan from Bank of America join us again. Brian, thanks for coming this year, appreciate it. I thought we'd start off talking about the macro environment. So investors have late cycle concerns, got the flat curve, potential trade war, got a room that's only 1/3 full. That's been the case for the bank presentations. That's nothing specific to Bank of America. But again, bank investors seem to be struggling with kind of this late cycle mentality. So what are you seeing in terms of the macro? What's your view on global growth, and kind of the health of the U.S. economy?

Questions & Answers

Brian Thomas Moynihan

Bank of America Corporation - Chairman & CEO

So I think if you start from the estimates the team has out there for growth, they had come down, and then they pushed them back up based on the first quarter and some of the underlying trends. And so

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