Bank of America CEO Brian Moynihan stated that to fundamentally change housing affordability, more housing supply must be built to bring prices down.

Bank of America has committed to hiring 8,000 people from community colleges over the next five years.

Consumer spending on credit and debit on Bank of America's platform was up 6% year-over-year.

Bank of America has committed to hiring 10,000 military veterans over the next five years.

Bank of America's research team forecasts that the US economy will grow at 2.1% this year.

Bank of America processes approximately $5 trillion in consumer spending annually, with year-to-date volume over $2 trillion and growing at 5%.

Bank of America spends $13 billion on technology annually.

In 2025, Bank of America internally redeployed 14,000 employees to new roles through skills training.

In 2025, Bank of America internally redeployed 14,000 employees to new roles through skills training.

Bank of America's research team forecasts that the US economy will grow at 2.1% this year.

Bank of America's consumer credit quality is as good as it has been in 50 years.

Bank of America's consumer spending data shows aggregate spending is growing at 5% year-to-date, with entertainment spending up 13% year-over-year in May.

Bank of America has committed to hiring 8,000 community college students and 10,000 veterans over the next five years.

Bank of America has an annual technology budget of $13 billion.

Year-to-date, consumer spending on Bank of America's platform has exceeded $4 trillion and is growing at a 5% aggregate rate.

Bank of America's consumer clients transact approximately $5 trillion through the company's platform annually.

Bank of America internally reskilled and redeployed 14,000 employees into new roles within the company in a single year.

Bank of America's total annual expenses are approximately $70 billion.

Bank of America is hiring a class of 2,000 summer interns and 2,000 new permanent employees from colleges.

Bank of America's use of AI for software development is generating a positive return on investment.