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
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Bank of America Corp at Bank of America Merrill Lynch Future of Financials Conference Transcript

Nov 05, 2019 / 01:00PM GMT
Release Date Price: $32.99 (+2.01%)
Erika Najarian
BofA Merrill Lynch, Research Division - MD and Head of US Banks Equity Research

For those of you that don't know me, I'm Erika Najarian. On behalf of my colleagues, Mike Carrier, raise your hand if you're out there, I know you're out there; Ebrahim Poonawala; Jason Kupferberg; and Derek Hewett, we'd like to warmly welcome you to Bank of America's Future of Financials Conference.

We're excited to hear from over 60 corporates that are participating this year, given stocks near 52-week highs despite 3 interest rate cuts, a solid U.S. economy despite late-cycle fears and a crucial election cycle next year. And as we have done over the past 3 years, we have panels covering topics that are most important to you, the investor base, such as innovation, M&A, politics and policy, distressed investing and nonbank versus bank commercial lending.

So kicking off this year's conference is Bank of America's Chairman and CEO, Brian Moynihan. Under his watch, Bank of America's returns on tangible common equity have improved 11 percentage points with the most recent quarters hovering

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