Bank of America Corporation (BAC) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

kick off with our disclosure commentary. So for important disclosures, please see the Morgan Stanley Research Disclosure website at www.morganstanley.com, morganstanley.com slash research disclosure. And taking a photograph, use of recording devices is also not allowed. If you have any questions, reach out to your Morgan Stanley sales representative. Okay, with that out of the way, we are so thrilled and delighted to have with us today Brian Moynihan. It's great to be here. Good to see you, Betsy. Chairman, CEO of Bank of America, just in case you didn't catch the name, Brian Moynihan, thank you so much. Good to be here. Thank you. You did a great job reading the disclosures. 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 and the industry overall over the past 15 years. It's a thrill 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? So I think if you look across the consumer and you think about the three or four ways to think of how they're doing, what their confidence is to spend money, what's in their accounts, what's their credit posture. unemployment and things like that, the other piece, and you all have all the data on that. But if you look at our customer base, and our institute just put out some research, but if you look at it more broad...