Bank of America Corp Q2 2022 Earnings Call Transcript - Thomson StreetEvents

Bank of America Corp Q2 2022 Earnings Call Transcript

Bank of America Corp Q2 2022 Earnings Call Transcript - Thomson StreetEvents
Bank of America Corp Q2 2022 Earnings Call Transcript
Published Jul 18, 2022
Published Jul 18, 2022
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About This Report

  
Abstract:

Edited Transcript of BAC.N earnings conference call or presentation 18-Jul-22 12:30pm GMT

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Bank of America Corp
Ticker
BAC.N
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Erika Najarian - UBS Investment Bank, Research Division - Analyst : I just wanted to keep on Mike's theme of underpromising and overdelivering. So I'm going to try to ask the NII question another way. Alastair, one of your peers has started to frame NII with regards to an exit rate in the fourth quarter. So -- and as I'm just thinking about the rate sensitivity and the forward curve in your comments about loans and deposits and deposit repricing, obviously, you're alluding to $13.5 billion by third quarter. Is it possible by the fourth quarter, relative to everything that you're seeing going on in the company right now, that the exit rate for NII could approach $15 billion?

Question: Erika Najarian - UBS Investment Bank, Research Division - Analyst : Fair enough. Fair enough.

Question: Erika Najarian - UBS Investment Bank, Research Division - Analyst : Got it. And my second question is a follow-up on capital. I guess the first is, are you working to actively reduce the stress capital buffer? And maybe remind us where you think the pain points were for this year's test that you think you could address for next year? And second, should we -- what is the pacing of buybacks like from here as you potentially -- as you -- or not potentially, as you build towards that January 1, 2024, new hire minimum?

Table Of Contents

Bank of America Corp Q3 2022 Earnings Call Summary – 2022-10-17 – US$ 54.00 – Edited Brief of BAC.N earnings conference call or presentation 17-Oct-22 12:30pm GMT

Bank of America Corp Q3 2022 Earnings Call Transcript – 2022-10-17 – US$ 54.00 – Edited Transcript of BAC.N earnings conference call or presentation 17-Oct-22 12:30pm GMT

Bank of America Corp at Bank of America Banking & Insurance CEO Conference Transcript – 2022-09-20 – US$ 54.00 – Edited Transcript of BAC.N presentation 20-Sep-22 12:15pm GMT

Bank of America Corp at Barclays Global Financial Services Conference Transcript – 2022-09-12 – US$ 54.00 – Edited Transcript of BAC.N presentation 12-Sep-22 7:30pm GMT

Bank of America Corp Q2 2022 Earnings Call Summary – 2022-07-18 – US$ 54.00 – Edited Brief of BAC.N earnings conference call or presentation 18-Jul-22 12:30pm GMT

Bank of America Corp at Morgan Stanley US Financials, Payments & CRE Conference Transcript – 2022-06-13 – US$ 54.00 – Edited Transcript of BAC.N presentation 13-Jun-22 12:00pm GMT

Caterpillar Inc Virtual Investor Event Hosted By Bank of America Transcript – 2022-06-06 – US$ 54.00 – Edited Transcript of BAC.N brokerage analyst meeting 6-Jun-22 10:59am GMT

Bank of America Corp at Sanford C Bernstein Strategic Decisions Conference Transcript – 2022-06-01 – US$ 54.00 – Edited Transcript of BAC.N presentation 1-Jun-22 8:30pm GMT

Bank of America Corp at Deutsche Bank Global Financial Services Conference Transcript – 2022-06-01 – US$ 54.00 – Edited Transcript of BAC.N presentation 1-Jun-22 3:00pm GMT

International Business Machines Corp View from the Top CEO Series Hosted by Bank of America Transcript – 2022-05-12 – US$ 54.00 – Edited Transcript of BAC.N brokerage analyst conference call 12-May-22 2:00pm GMT

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MLA:
Thomson StreetEvents. "Bank of America Corp Q2 2022 Earnings Call Transcript" Jul 18, 2022. Alacra Store. May 06, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-Bank-of-America-Corp-Earnings-Call-T14860585>
  
APA:
Thomson StreetEvents. (2022). Bank of America Corp Q2 2022 Earnings Call Transcript Jul 18, 2022. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2022-Bank-of-America-Corp-Earnings-Call-T14860585>
  
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